Innovate, Elevate, Accelerate
Compared to many countries, Malaysia is rather tax-friendly, with a progressive but low income tax, a low corporate income tax and low equivalent to VAT which make it attractive for work and business. Several incentives are also in place to help further companies in certain key industries.
ASEAN attracts a lot of attention from businesses and investors thanks to its high level of economic growth and a widening middle class. With the unfolding of the ASEAN Economic Community they will reap more and more benefits as the deepening regional integration eases business practices and creates new opportunities
With the world’s third-largest population and a comparatively low, but growing, Internet connectivity, Southeast Asia is an upcoming market of interest for e-commerce. Still in its infancy, the ASEAN e-commerce market presents many growth opportunities for businesses ready to face its challenges.
The tax regime of Brunei is generally considered to be very accommodating compared to many other countries: corporate taxes rates are rather low, and no valued added or personal income tax are levied. Some special regimes are however applied in particular cases and industries, such as the oil and gas sector.
Indonesia has been one of the fastest growing economies of Southeast Asia for several years, and so it remains in 2015. Other positive results in poverty reduction, governance and abundant natural resources compensate certain negative aspects in Indonesia and challenges to apprehend in several key sectors.
Aggregated in Malaysia’s FBM KLCI index – the main stock index of Malaysia -, the 30 largest public listed companies individually and collectively influence heavily the economy of Malaysia, Southeast Asia, and the world. This handy list presents these economic giants and their activities, together with useful links.
Myanmar is the new frontier for business in Southeast Asia. A large and populated country just opening its doors to foreign companies and investors, Myanmar is rich with opportunities in many sectors. However, Myanmar also presents several technical and legal challenges to be managed and overcome by new comers.
Implemented on 31 December 2015, the ASEAN Economic Community proposes to consolidate the economic integration of the region. This review summarizes the state of the ASEAN integration, how it will benefit the private sector to do business in the region and the progress of each country towards this ambitious goal.
With a young population showing a highly entrepreneurial spirit, Vietnam is home to a growing startup ecosystem. Well-versed in programming and hungry for success in the growing Vietnamese middle-class, a new generation leads Vietnam to become a regional hot spot for tech entrepreneurship.
With the development of technologies and the collection of more and more data on consumers, processes or markets, using this Big Data attracts the interests of an ever growing number of businesses in Malaysia. Yet a lot remains to be done to properly define the goals and processes, to hire or train the right people.