With the 2015 budget of Singapore came an increase of the personal income tax rate to 22% for the highest income. In this interview, Singapore Second Minister for Trade and Industry S. Iswaran gives some insights on the objectives of the Singaporean government’s fiscal policy and strategy for investment, redistribution and funding.
Southeast Asia is an attractive region for business growth, and the coming together of the ASEAN Economic Community is yet another vector of great opportunities. To help companies forge their ASEAN strategies, this report sums up how and when global and ASEAN companies can succeed through a regional approach.
The ASEAN Economic Community is attracting a lot of attention from local and foreign businesses thanks to its huge potential, yet several challenges need to be tackled to make the AEC a success… A panel of specialists from the public and private sectors share ideas about the AEC’s opportunities and difficulties still to be managed.
With its political opening, Myanmar is also experiencing an economic boom in various business sectors. Though companies face many challenges in areas of workforce skills and infrastructures, the general outlook for business in Myanmar remains quite positive for the coming years, as elections should create further opportunities.
At the Asian Financial Forum 2014 in Hong Kong, a workshop examined the opportunities and challenges of the upcoming ASEAN Economic Community. Summarizing the most interesting comments, this video highlights not only general opportunities but also presents key interests for Chinese and Hongkongese businesses.
This new video presents 7 insights and perspectives that make ASEAN one of the most dynamic and competitive region in the world. Through a beautiful animation, the current and projected population and economy of ASEAN demonstrate the attractiveness of the Association of South-East Asian Nations.
A series of challenges affecting China, Thailand and Vietnam have attracted investments in factories in Cambodia, stimulating the economy, the rise of wages and development of skilled labor. This video from Bloomberg presents the interests and benefits of the developing manufacturing sector in Cambodia.
Business Process Outsourcing – BPO – is becoming a major economic sector in the Philippines as cheap labor and widespread good English-speaking allow it to compete against India. Here are 3 videos that present the details of how BPO boosts the Philippines foreign revenues, changes workers lives and helps reshape the country.
International investor Jim Rogers explains to the Wall Street Journal the advantages of Singapore as a financial center in Asia in a comparison with Hong Kong, before detailing why the economic growth of China will also benefit to its South-East Asian neighbors.
The International Finance Corporation and the World Bank have teamed together to build a useful website for all Small and Medium Enterprises that gathers and provides information on economic data, laws and regulations for almost all countries of the world and covers most important topics to start and manage a business.