Other Briefings
ASEAN Tax Comparator
In this article, we outline the key corporate and individual income tax rates for the 10 member states of the Association of Southeast Asian Nations (ASEAN) – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
Made in ASEAN: Vietnam Cuts Import Taxes for ASEAN-made Vehicles
Ho Chi Minh City – As of January 1, 2014, vehicles imported from other ASEAN countries to Vietnam are eligible to receive a 10-50 percent tax cut following the 2008 ASEAN Trade in Goods Agreement (ATIGA). The new tax rate for vehicles imported into Vietnam from ASEAN nations is displayed in the following chart: ASEAN […]
Japan Cements Future Ties with ASEAN
Dec. 27 – During a meeting in Tokyo marking the 40th anniversary of Japan-ASEAN relations, Prime Minister Shinzo Abe pledged ¥2 trillion (about US$20 billion) in aid and loans to Southeast Asian countries over the next five years in a move signaling both tighter cooperation between Tokyo and the Southeast Asian block, and an attempt […]
World Economic Forum Assesses ASEAN’s Rising Energy Demand
By Shawn Greene Dec. 26 – The World Economic Forum (WEF) and Accenture have issued the Global Energy Architecture Performance Index Report 2014 which assesses energy systems across countries, and examines how the international community can move towards a future of sustainable energy. The 104-page document assesses economic growth, environmental sustainability, and energy security across […]
ASEAN Infrastructure Fund Grants First US$25 Million Loan to Indonesia
Dec. 10 – The Asian Development Bank’s new ASEAN Infrastructure Fund (AIF) has granted its inaugural loan to an Indonesian electricity project. The US$25 million loan will go towards developing power links and expanding transmission networks from Java to Bali. Improvements are needed to solve widespread power outages and blackouts that are negatively impacting Indonesia’s […]
December 2013 ASEAN Regional Meetings
Dec. 2 – While December is a relatively slow month for regional ASEAN meetings, there are still a number of important forums being held in December, including the ASEAN-European Union Joint Cooperation Committee Meeting and the 40th anniversary summit for the establishment of ASEAN-Japan relations. The key meetings of note for our readers are as […]
New Issue of Asia Briefing: The 2014 Asia Tax Comparator
In this issue, we examine the different tax rates in 13 Asian jurisdictions – the 10 countries of ASEAN, plus China, India and Hong Kong. We examine the on-the-ground tax rates that each of these countries levy as well as residency triggers, available tax incentives for the foreign investor, and important compliance issues.
Challenges Await the ASEAN Banking Integration Framework
By Matthew Davis Nov. 4 – Following periods of regional instability resulting from the 1997 Asian financial crisis and the recent global financial crisis, there has been great impetus for establishing a pan-ASEAN banking presence. In promoting such financial integration, the ASEAN nations hope to capitalize on economies of scale, a larger consumer base and […]
ASEAN Boss in Beijing for Talks
Oct. 16 – The Secretary-General of ASEAN, Le Luong Minh, is visiting China this week until Saturday. Minh, who attended the East Asia Summit in Brunei last week along with Chinese Prime Minister Le Keqiang, has agreed with other ASEAN leaders to strengthen political and security cooperation in an effort to enhance peace, stability and […]
U.S.-ASEAN Expanded Economic Engagement Initiative Praised
Oct. 10 – U.S. Secretary of State John Kerry, along with several Association of Southeast Asian Nations (ASEAN) leaders, praised the progress of the U.S.-ASEAN Expanded Economic Engagement (E3) initiative during the ASEAN Leaders Meeting held in Brunei Darussalam this week. The E3 – which is entering into its second year of implementation – is […]
