ASIA BRIEFING

Economy & Trade

Investment Hotspots in the Philippines: Promising Sectors to Watch

05/26/2023

The Philippines is working to move up the global value chains, thereby presenting foreign investors with newfound opportunities.

Czech Prime Minister's Visit Boosts Strategic Partnership with Indonesia: Key MoUs Signed

05/17/2023

Czech Prime Minister Petr Fiala's visit to Indonesia focused on enhancing relations in key areas such as education, agriculture, and sustainable development.

Opportunities for Foreign Investors in the Philippines – Latest Issue of ASEAN Briefing Magazine

05/16/2023

Download our latest magazine covering opportunities for foreign investors in the Philippines.

ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar

05/12/2023

ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.

A Guide to Indonesia's Foreign Investment Trends and Key Infrastructure Projects: New Issue of Asia Investment Research Magazine

05/09/2023

This latest issue of AIR focuses on Indonesia’s foreign investment trends and key investment projects.

ASEAN, Russia Commit to Strengthening Partnership

05/02/2023

ASEAN and Russia have committed to strengthening their diplomatic relationship at the 19th ASEAN-Russia Senior Officials Meeting.

04/28/2023
Singapore and India Link Real Time Retail Payment Systems

ASEAN Briefing
04/18/2023
Indonesia and Singapore Sign Six MoUs to Enhance Bilateral Ties

ASEAN Briefing
04/06/2023
UK Joins the CPTPP: Opportunities for British Investors in Malaysia

ASEAN Briefing
04/04/2023
Singapore and EU Sign Digital Trade Agreement

ASEAN Briefing
03/31/2023
Incentives for Doing Business in Indonesia

ASEAN Briefing

Tax & Accounting

A Guide to Withholding Taxes in Indonesia

05/25/2023

Taxpayers in Indonesia are obligated to withhold taxes on certain payments to residents and non-residents.

A Guide to Value Added Tax in Indonesia

05/22/2023

Value-added tax in Indonesia is imposed on the provision of services or the transfer of taxable goods at a rate of 11 percent.

A Guide to Corporate Income Tax in Indonesia

05/19/2023

The corporate taxation (CIT) regime in Indonesia is governed by the Harmonized Tax Law and the CIT rate is 22 percent for the 2023 fiscal year.

Audit and Compliance in Malaysia: A Guide for Foreign Investors

05/15/2023

All companies incorporated in Malaysia must have their accounts audited by a Ministry of Finance approved auditor as mandated by the Companies Act of 2016.

Audit and Compliance in the Philippines: A Guide for Foreign Investors

05/11/2023

The Philippines uses a self-assessment tax system, and the accounting period consists of 12 months, normally ending on December 31.

How GST Liability is Assessed on Low Value Goods Transactions in Singapore

05/05/2023

Goods and services tax is levied on low-value goods that are imported to Singapore. Businesses should identify whether their customers are GST-registered.

04/21/2023
How to Open a Bank Account in Indonesia?

ASEAN Briefing
04/12/2023
An Overview of Indonesia’s Double Tax Avoidance Agreements

ASEAN Briefing
04/02/2023
Audit and Compliance in Indonesia: A Guide for Foreign Investors

ASEAN Briefing
03/15/2023
Tax Incentives Under Malaysia’s Budget 2023

ASEAN Briefing
03/14/2023
Malaysia Budget 2023: Changes to Corporate and Individual Tax Regimes

ASEAN Briefing

Legal & Regulatory

Changes to Customs Procedure for the Import of Digital Products to Indonesia

05/10/2023

Indonesia has made changes to the customs procedure for the import of digital products into the country.

Merger Control Regime in Indonesia: Noteworthy Changes for Foreign Investors

05/03/2023

Indonesia's new merger and acquisition rules mandate assets or sales in Indonesia for filings and reduce document checks to three business days.

Leveraging Singapore's Incentives and Schemes for Industry 4.0 Investments

04/27/2023

We list the fiscal and non-fiscal incentives that Singapore offers to encourage the development of high-value and Industry 4.0 activities.

Indonesia's Positive Investment List: Sectors Open and Restricted to Foreign Businesses

04/25/2023

Indonesia's Positive Investment List allows 100% foreign investment in over 200 business lines, with several incentives for priority sectors.

Philippines Allows 100% Foreign Investment In Public Services

04/14/2023

The Philippines has issued the implementing rules for the Public Service Act which allows for 100 percent foreign ownership of public services.

How to Set Up a Company in Indonesia

04/05/2023

In this article, we discuss the steps that would-be investors need to take to establish a company in Indonesia.

03/10/2023
New Due Diligence Requirements for Corporate Finance Advisers in Singapore

ASEAN Briefing
02/21/2023
New Cybersecurity Rules for Financial Institutions in Indonesia

ASEAN Briefing
02/10/2023
Increased Oversight in Indonesia’s Peer-to-Peer Lending Sector

ASEAN Briefing
12/27/2022
Singapore to Revoke E-meeting Provision for Business Entities from July 1, 2023

ASEAN Briefing
12/02/2022
Singapore Launches ESG Impact Hub: What it Means for Green Finance

ASEAN Briefing

Industries

Adapting to Singapore's Escalating Rental Prices: Strategic Implications for Foreign Businesses

05/23/2023

Despite soaring rental costs, Singapore continues to maintain its status as a favored destination for international corporations.

How to Obtain Tax Incentives for Investments in Indonesia’s Marine and Fisheries Sectors

03/07/2023

Indonesia offers a variety of income tax incentives for investors that invest in its marine and fisheries industries. Here are the criteria.

Indonesia's Top Sectors to Watch for in 2023

02/15/2023

Foreign investors should note the key sectors where growth is expected to rise in Indonesia for 2023, including downstream mining and infrastructure.

Singapore and the UK Deepen Cooperation on Fintech and Sustainable Finance

01/26/2023

Singapore and the United Kingdom have agreed to deepen bilateral cooperation on fintech and sustainable finance.

Industries to Watch Out for Growth in Southeast Asia in 2023

01/17/2023

Despite the prevailing gloomy economic climate, ASEAN remains very attractive to foreign investment, and several industries look to prosper in 2023.

An Introduction to Special Economic Zones in Indonesia

01/12/2023

Indonesia has made the development of its special economic zones a priority policy with the aim of attracting over US$50 billion in foreign investment over the next decade.