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Xi Again Proposes an ASEAN Infrastructure Bank

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Chinese President on tour visiting Indonesia & Malaysia prior to APEC Summit Indonesia Oct. 3 – Chinese President Xi Jinping has again suggested the development of an ASEAN Bank that would invest in infrastructure throughout the region and that China would be prepared to invest in. China is not a member of ASEAN. Xi was […]

Japan Strengthens Relationship With ASEAN

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Sept. 17 – Japanese leaders have strongly emphasized their intention to further strengthen their relationship with ASEAN as of this year – the 40th anniversary of Japan-ASEAN relations – due to the country’s relatively poor relations with China and South Korea. Displaying the importance that Japan has put on the region, the first three countries […]

New Issue of Asia Briefing: Work Visa and Permit Procedures Across Asia

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In this edition of Asia Briefing Magazine, we outline the specific documents required for foreign nationals working in China, India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as highlight the relevant application processes in each of these countries. Attention is also given to the role of the sponsoring company and the regulations they must adhere to.

Southeast Asia Single-Visa Policy in Development

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Sept. 13 – Vietnamese tourism minister Hoang Tuan Anh and his counterparts from Laos, Cambodia, Thailand and Myanmar convened at a meeting in Ho Chi Minh City this week to discuss a plan for the implementation of a single-visa policy between the countries, which should eventually extend throughout all of the Association of Southeast Asian […]

Laos Expands Rail Projects

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Sep. 3 – At the end of August a Thai contractor, Sermsaguan Construction Company Ltd., began construction on facilities at Laos’ Thanalaeng station. This station is the start of a railway linking Laos’capital city Vientiane with Thailand’s Nong Khai province. This is just one of many upcoming rail projects for Laos. The first phase of […]

Positive Outlook in ASEAN for American Companies

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Aug. 29 – According to the 2012/13 ASEAN Business Outlook Survey the majority of U.S. companies operating in the ASEAN region expect to see continued growth in their Asian operations. The survey, conducted by the U.S. Chamber of Commerce and their regional affiliate AmCham Singapore, found that 90 percent of respondents will increase their trade and […]

Singapore’s RMB Business Up 80% in Three Months

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Singaporean banks, arguably the financial apex of ASEAN, have reported an 80 percent increase in the number of local companies using China’s national currency, the renminbi (RMB), to settle transactions.

August 2013 ASEAN Regional Meetings

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There are a number of important meetings being held in August, including a series of meetings for ASEAN Economic Ministers and Defense Ministers. The key meetings of note for our readers are as follows.

Mauritius to Tighten India Tax Treaty Loophole, Singapore to Benefit

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Jul. 26 – Mauritius, long the largest sender of foreign direct investment into India thanks to a loophole in its tax treaty which allows Mauritius-based holding companies to offset capital gains taxes (CGT), is finally looking to close this loophole following pressure from the Indian government. The Indian government has estimated that over US$74 billion […]

ASEAN Expected to Commence FTA Talks with Hong Kong

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Jul. 23 – According to Hong Kong Secretary for Commerce and Economic Development Gregory So, the 10-nation ASEAN bloc and Hong Kong are expected to begin negotiations for a free trade agreement (FTA). This agreement would rapidly expand the volume of trade and investment between the two sides. Currently in the preparatory stage, the agreement […]

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