Our collection of resources based on what we have learned on the ground
Resources
Q&A
What are the minimum wages in ASEAN?
- January 2020
- Free Access
Minimum wages in ASEAN - Indonesia, Thailand, Malaysia, Philippines, Vietnam, Cambodia, Brunei, Myanmar (Burma), Laos.
Q&A
What are the working hours/days in ASEAN countries?
- December 2016
- Members Access
All ASEAN countries have a maximum of six working days per week and an eight hour work day; in Brunei, Cambodia, Laos, Malaysia, Thailand and Vietnam this results in a maximum of 48 hours of work per week. In Myanmar and Singapore, though the limit o...
Q&A
How much is paid for working at night or during rest days in ASEAN countries?
- December 2016
- Members Access
All ASEAN countries, except for Indonesia and Thailand, charge an additional premium for night work and rest days, but the premium varies considerably: Indonesia and Thailand have no formally imposed premium; the Philippines has a 10 percent premium ...
Q&A
What was one of the likely causes of Indonesia’s inability to meet its growth ...
- October 2016
- Free Access
During the 1980s and 90s, Indonesia’s manufacturing sector saw significant growth. However, in the early 2000s, the government began to focus on commodity exports to meet growing Chinese demand for resources. In doing so, the nation...
Q&A
In 2016, what percentage of Indonesia’s GDP came from the nation’s manufactu...
- October 2016
- Members Access
In 2016, Indonesia’s manufacturing sector was valued at USD112.8 billion, and made up 23.7% of the nation’s total GDP. Indonesia’s manufacturing sector has seen a slowdown due to a decrease in Chinese demand for commodities.&n...
Q&A
What are the benefits of establishing a Limited Liability Company with Foreign D...
- October 2016
- Members Access
Companies looking to establish themselves in an Indonesian market have four options available to them. They can establish a Representative Office (KPPA), or a Representative Office for Trading (K3PA), which allow for foreign ownership, but do n...
Q&A
As of 2016, what Corporate Income Tax incentives did Jokowi’s government offer...
- October 2016
- Members Access
For investors willing to invest IDR 1 trillion (about 76.75 million USD) into an Indonesian SEZ, Jokowi’s government offers 20-100% tax reductions for up to 25 years. 20-100% tax reductions are also available for those looking to invest I...
Q&A
What is the one difference between Thai Financial Reporting Standards and IFRS?
- February 2016
- Free Access
The industry-specific financial instrument standards are different in IFRS and the Thai Financial Reporting Standards. However, the Thai Federation has announced two additional upcoming updates, namely the adoption of IFRS one year after its effectiv...
Q&A
In Thailand, in the majority of cases, companies must be audited by an independ...
- February 2016
- Free Access
All companies, be it traded or not, must be examined and certified by an independent certified auditor. The only exception to this rule are the financial statements of a registered partnership under Thai Law, whose total capital, assets, and income a...
Q&A
What is the penalty for foreign companies who are late in submitting their audit...
- February 2016
- Free Access
All foreign companies have to submit their audited financial statements within five months or 150 days of the end of the fiscal year. If one company is overdue the deadline, this failure may result in a penalty of up to THB 100,000 (US$3,000).
Q&A
What is the role exports play in the Thai economy? What are its main export good...
- July 2015
- Free Access
Around 65 percent of Thailand’s GDP is consisted of exports and 86 percent of its exports are manufactured goods followed by electronics (14 percent), vehicles (13 percent), machinery and equipment (7.5 percent) and foodstuffs (7.5 percent).
Q&A
What are the key industries for FDI in ASEAN?
- February 2015
- Free Access
Electronics Information and Communications Technology (ICT) Textiles and Apparel Medical Devices
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