The Philippines’ Relationship With ASEAN - ASEAN Briefing
WEBMar 22, 2017 — ASEAN is one of the cornerstones of the Philippines’ foreign and trade policies. This is manifested in the Philippines policy to promote a more peaceful, stable, and free South East Asia, through the pursuit of different initiatives, in the policy making, economic, trading and functional cooperation activities.
ASEAN’s Free Trade Agreements: An Overview
WEBAug 20, 2021 — It is important for foreign investors to understand ASEAN’s free trade agreements (FTAs) to capitalize on the bloc’s long-term potential. These FTAs offer numerous benefits such as tax holidays, improved custom clearances, and reduced import costs. ASEAN could become the world’s fourth-largest economy by 2030, comprising of …
Thailand’s Eastern Economic Corridor – What You Need to Know
WEBJun 29, 2018 — The government hopes to complete the EEC by 2021, turning these provinces into a hub for technological manufacturing and services with strong connectivity to its ASEAN neighbors by land, sea and air. As of January 1, 2018, the EEC has attracted US$9.3 billion in promised FDI, according to data provided by Thailand’s Board of Investment (BOI).
Business, Legal, Tax, Investment, Accounting News | ASEAN Briefing
WEBIt publishes business news concerning foreign direct investment into ASEAN, including the most important tax, legal and accounting issues. The ASEAN Briefing Magazine was first published in 2009, and is contributed to by investment professionals based in ASEAN. The Philippines imposes a territorial tax system, meaning only Philippine-sourced ...
Rules of Origin Criteria of ASEAN’s Free Trade Agreements
WEBJan 4, 2018 — RELATED: Pre-Investment and Market Entry Advisory from Dezan Shira & Associates. RVC requires that a certain percentage of the good’s value must originate in a FTA member country for the good to be considered as originating. Under ASEAN’s FTAs, this percentage is generally 40 percent of the Free on Board (FOB).
The Philippines’ 2022 Strategic Investment Priority Plan - ASEAN …
WEBAug 18, 2022 — On June 14, 2022, the 2022 Strategic Investment Priority Plan (SIPP) came into effect, expanding tax incentives to several new areas. The plan was approved by then-president Rodrigo Duterte on May 24, 2022, in. The SIPP stands to benefit investors in a wide range of industries that the government deems critical to upgrading its industrial and ...
Minimum Wages in ASEAN for 2021 - ASEAN Briefing
WEBAug 20, 2021 — The daily minimum wage in Thailand is between 313 baht (US$10.03) – 336 baht (US$10.77) for 2021. Following the country’s rapid economic growth, in the past few years, the Vietnamese government has increased minimum wages to combat inflation. The monthly minimum wage rate from January 1, 2020, has not changed for 2021, although the ...
ASEAN Business News - ASEAN Briefing
WEBSep 19, 2024 — Southeast Asia Manufacturing Tracker: Key Insights and Trends. September 16, 2024 by ASEAN Briefing. Discover key insights and trends shaping Southeast Asia’s manufacturing sector in 2024. This tracker explores PMI values, workforce data, GDP contributions, and policy responses, highlighting the …
The ASEAN Automobile Industry: Top Destinations for Manufacturers
WEBOct 1, 2019 — The growing automobile industry in ASEAN member countries offers vast opportunities for investments for manufacturers and distributors of automobile components. Automobile manufacturing and production have skyrocketed in recent years, most notably in , Indonesia, Vietnam, and Malaysia. Although …
Introduction to the ASEAN Comprehensive Investment Agreement
WEBApr. 12 – The ASEAN Comprehensive Investment Agreement (ACIA) entered into force on March 29, 2012, aiming to create a free and open investment environment through the consolidation and expansion of existing agreements between the ASEAN member countries. In replacing its two precursors, the ASEAN Investment Area …
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