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Vietnam Ranks as 2nd Most Attractive Nation in ASEAN for US Business

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According to survey results recently released by the U.S. Chamber of Commerce in Singapore, Vietnam is the second most popular destination for U.S. business expansion among the member states of the Association of Southeast Asian Nations (ASEAN). Indonesia took the top position.

RCEP Ministers Remain Optimistic Despite Negotiation Hurdles

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On Wednesday, the Association of Southeast Asian Nations (ASEAN) and its FTA partners – Japan, New Zealand, China, India, South Korea and Australia – held their second round of ministerial talks for the Regional Comprehensive Economic Partnership (RCEP). Ministers expressed optimism for meeting the RCEP completion target of December 2015.

APEC Continuing Environmental Goods Tariff Reductions Push

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Members of APEC moved closer towards realizing their commitment towards free trade in environmental goods, after recent meetings this month.

Thailand Considers Inheritance and Property Tax Reforms

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The head of Thailand’s National Council for Peace and Order has approved plans to reform Thailand’s tax system, namely by incorporating inheritance and property taxes.

ASEAN’s Emerging Manufacturing Destinations: Indonesia

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ASEAN manufacturers can be divided into those that have invested in mid- and high-tech manufacturing and those which are concentrated in low- or no-tech assembly. In this article, we look at one of ASEAN’s key emerging manufacturing markets – Indonesia.

E-Commerce Retail Sales See Rapid Growth in ASEAN

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E-commerce is set to soar in Southeast Asia, as internet penetration in the region has reached a momentous turning point, according to a recent UBS report.

Declaration Now Required on Transfer Pricing Documentation in Malaysia

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The Malaysian Internal Revenue Board now requires corporate taxpayers to declare whether they have prepared transfer pricing documentation while filing a tax return.

ASEAN’s Leading Manufacturing Destinations

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ASEAN manufacturers can be divided into those that have invested in mid- and high-tech manufacturing and those which are concentrated in low- or no-tech assembly. In this article, we look at ASEAN’s leading manufacturing destinations, including Singapore, Malaysia and Thailand.

Foreign Ministers Rekindle Interest in EU-ASEAN FTA

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Foreign ministers attending the 20th EU-ASEAN Ministerial Meeting in Brussels last week have raised the possibility of resuming negotiations for an EU-ASEAN free trade agreement once the ASEAN Economic Community comes into effect at the end of 2015.

Indonesia’s Election Results Boost Economic Optimism

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Joko Widodo, the former governor of Jakarta, was declared the next president of Indonesia last week, leaving foreign investors optimistic about the country’s economic prospects and triggering a favorable reaction from the rupiah.

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