According to the results of the inaugural Business Barometer: OBG in ASEAN CEO Survey, in which we surveyed business leaders in Indonesia, Malaysia, Myanmar, the Philippines, Thailand and Vietnam, business sentiment is buoyant in the region. This is the first time we have collated our proprietary data from individual ASEAN markets, allowing us to...
The Belt and Road Initiative (BRI) promises to radically transform a vast swathe of the world’s trade and transport infrastructure, which will have a marked impact on how Asia does business with the world and vice versa.
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing investment...
What sectors will benefit from the leveraging of free trade agreements (FTAs) and bilateral agreements?
One of the most striking things about the economic transformation of the ASEAN region over recent decades is the scale of opportunities yet to be realised. The IMF forecasts that over the next five years, six of ASEAN’s economies will grow faster than China, and every single one of ASEAN’s economies will grow faster than both the US and the EU...
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