ASEAN Market Watch: Investing in Malaysia, Indonesia Pharmaceutical Sector, and Philippines BPO Industry
In this week’s ASEAN Market Watch, we discuss Malaysia’s popularity as an investment destination, Indonesia’s growing F&B and pharmaceutical sectors, and Philippines’ renewed focus on the BPO sector.
An Economic & Social Background to the Philippines 2017
Philippines has, over the past few years, been playing a ‘catch up’ strategy, and is now among the leading economies within ASEAN. Despite its many problems, the economy and commercial sector remain on the rise and present significant opportunities for investment for those who know where to look.
ASEAN Market Watch: Malaysia Export Growth, Indonesia-Saudi Arabia Relations, and Philippines AML Compliance
In this week’s ASEAN Market Watch, we highlight January growth in Malaysia’s exports, the signing of new cooperation agreements between Indonesia and Saudi Arabia, and the Philippines’ anti-money laundering and countering of terrorist financing compliance.
ASEAN Regulatory Brief: Philippines Banking Regulation, Cambodia SME Tax Incentive, and Indonesia Fintech Sector
In this week’s Regulatory Brief, we discuss Philippines’ directive to banks on late payments, Cambodia’s move to make SMEs tax compliant and Indonesia’s decision to allow fintech companies to deal directly with customers.
ASEAN Market Watch: Malaysia Manufacturing, Philippines Economic Freedoms, and Singapore SME Digitization
In this week’s ASEAN Market Watch, we look at Malaysia’s manufacturing environment, examine the state of Philippines’ economic freedoms and highlight SME digitization initiatives in Singapore.
Philippines’ Finance Secretary Recommends 7 Percent Corporate Income Tax Cut
The Philippines’ Finance Secretary, Carlo Dominguez, has recommended a corporate income tax rate of 25 percent, reduced from the current 32 percent as part of the Government’s Comprehensive Tax Reform Program (CTRP).
Investing in the Philippines: What to Expect in 2017
FDI into the Philippines reached US$6.2 billion through the first 10 months of 2016 – a 22.2 percent increase over the US$5.1 billion accumulated over the same period in 2015. The Philippines’ strong economic performance is projected to continue in 2017 on the back of tax reforms, domestic spending, infrastructure development, and remittances.
ASEAN Regulatory Brief: Money Lending in the Philippines, Palm Oil Tax in Malaysia, and Visa Policy Review in Indonesia
In this week’s Regulatory Brief, we look at the Philippines’ tightened money lending rules, examine Malaysia’s new palm oil tax, and consider the Indonesian government’s review of its visa free policy.
ASEAN Market Watch: Renaming of MSCI Indexes, Growth in the Philippines, and Construction Boom in Cambodia
In this week’s ASEAN Market Watch, we consider the renaming of MSCI South East Asia Indexes, look at projected growth figures for the Philippines, and examine Cambodia’s recent construction boom.
ASEAN Regulatory Brief: Philippines Contractualization Law, Cambodia Customs Seal, and Malaysia Foreign Worker Levy
In this week’s ASEAN Regulatory Brief, we examine updated labor contractualization regulations in the Philippines, look at Cambodia’s new customs seal, and discuss employer obligations for foreign worker levies in Malaysia.