E-commerce businesses will soon be required to have tax numbers (NPWPs) and report their recapitulation of trade transactions to the Finance Ministry following its newly issued regulation on taxation for online trade transactions. Having been approved by the Law and Human Rights Ministry and signed by Finance Minister Sri Mulyani Indrawati, the new e-commerce tax regulation will come [...]
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The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in Vietnam on January 14. The impact of the CPTPP on the economy depends greatly on the country’s ability to obtain opportunities and overcome challenges. The Vietnam’s National Assembly passed a resolution approving the deal and related documents on November 12, 2018. With [...]
A National University of Singapore (NUS) programme to nurture entrepreneurs in different nodes of the world has now expanded to Toronto and Shenzhen. The Canadian city is an artificial intelligence (AI) powerhouse, while Shenzhen is shaping up as China's version of Silicon Valley. Since 2002, NUS has set up 10 overseas colleges, including in [...]
Vietnamese e-commerce platforms Tiki, Thegioididong and Sendo were named among ten most visited sites in Southeast Asia by price comparison website iPrice Group. Tiki, Thegioididong and Sendo ranked sixth, seventh and eighth, respectively, by average monthly web traffic. The two others in the top ten which were also conducting business in Vietnam were Lazada [...]
Foreign direct investment in Vietnam climbed 9.1% in 2018 to reach $19.1 billion, the government reports, marking a sixth straight annual record as capital keeps flowing into one of Southeast Asia's fastest-growing economies. Industries such as apparel have been moving production out of China and into Vietnam looking to escape the higher U.S. tariffs. A prolonged trade war is expected [...]
Singapore and Canada were among 16 countries identified as “Innovation Champions” by the organisers of annual consumer electronics trade show CES on Jan 8. In the second edition of its International Innovation Scorecard, the Consumer Technology Association (CTA) said 16 countries ranked in the top tier, with Estonia, Switzerland and Finland achieving the highest composite scores, [...]
Top executives in Singapore say Southeast Asia heads the list of markets for growth and investment opportunities, with China coming in a distant second. A poll of 104 top executives in Singapore found that about 53 per cent of them ranked Southeast Asia ahead of China (23 per cent). The majority of respondents indicated that [...]
Canada-ASEAN Scholarships and Educational Exchanges for Development (SEED) Program Open For Application
The Canada-ASEAN Scholarships and Educational Exchanges for Development (SEED) program provides students, from member states of the Association of Southeast Asian Nations (ASEAN), with short-term exchange opportunities for study or research in Canadian post-secondary institutions at the college, undergraduate and graduate levels. About On August 6, 2017, the Government of Canada announced the Canada-ASEAN [...]
Canada's jobless rate held steady at 5.6 per cent in December as the economy added 9,300 jobs, but about the same number of people were looking for work. Most of the jobs were part time, Statistics Canada reported. As 28,300 new part-time jobs were added, 18,900 full-time jobs were lost. The numbers were slightly lower [...]
In August, there were about 570,000 international students in Canada, a 60-per-cent jump from three years ago. That surge is helping power the biggest increase in international immigration in more than a century. The country took in 425,000 people in the 12 months through September, boosting population growth to a three-decade high of 1.4 [...]