Desfran Editor

Desfran Editor

Singapore’s Tax Incentives for Foreign Tech Companies

The trade conflict between the United States (US) and China caused headwinds in the global market. Companies have been shifting production from China to Southeast Asia to avoid high tariffs. Import duties on products can even go up to 42.6% [BBC]. Despite the fluctuations in the global economy, Singapore remains resilient from the adverse effects …

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Top 3 Startup Business Ideas for Thailand’s Cashless Economy

Thailand 4.0 is one of the most lucrative ventures in the country. This large-scale government project aims to transform the nation into the centre of trade and technological development in the ASEAN. And, one of the primary points of the project is to implement a nation-wide cashless payment system [Nation Multimedia].

Understanding Indonesia's 2019 Economy for a Successful Company Formation

Expansion of investments in public infrastructure, bilateral free trade agreements, competitive FDI incentives are some of the strategies implemented by the Indonesia government. Despite global headwinds, these methods were proven effective since the country’s economic growth rate is up by 5.18% in the Q4 of 2018. However, this year may be quite a challenge for …

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Take Part in Singapore’s FinTech Industry through Company Formation

Southeast Asia is now becoming a powerhouse in the Financial Technology (FinTech) scene. Due to the insufficient financial inclusion in the ASEAN market, it ripens the region for different FinTech products and services. In 2018, it exceeded the USD5.7 billion invested in 2017 by 20%-30% [Business Insider]. And with Singapore leading in the FinTech industry, …

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How the Presidential Elections Can Affect Indonesia's Economy

Indonesia’s financial sector and the political landscape have always been closely linked. In fact, their government’s executive branch requires the approval of several financial institutions before executing changes regarding the country’s economic focus. One example of which is the influence held by the Indonesian Chamber of Commerce and Industry (Kadin) and the Indonesian Employers Association …

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The Boost to Singapore's Fund Management Ecosystem – Variable Capital Companies

SINGAPORE – Since the Variable Capital Company (VCC) Bill was passed on 1 October 2018, the fast-growing fund management industry in Singapore has been expecting a new corporate vehicle designed for collective investment schemes, allowing investment managers to create sub-funds within a single entity while ensuring that the assets and liabilities of each sub-fund remain ring-fenced from the …

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Venturing in Thailand's Robust Growth through Company Formation

Global tensions such as the US-China trade war, Brexit and crisis in Argentina and Turkey have affected the Asian market. For the Southeastern nations, these global headwinds were viewed as an excellent opportunity for growth. As such, the region is becoming a very lucrative alternative for supply-chain companies. Amongst the Southeast nations, Thailand is expected …

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China’s Economic Slowdown Effect: Rising Indonesian Markets

For over three decades, China has boasted a robust and upwards economy. It is currently the second largest economy next to the United States of America [CNBC]. Its economy was primarily supported by the country’s competitive labour, production and, manufacturing costs. But, In recent years, the country’s economic growth has slowed down. What contributed the …

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