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Malaysia, Australia Sign FTA 5/24/2012 On May 22 in Kuala Lumpur, as a complement to the existing regional agreement between Australia
and the Association of Southeast Asian Nations, of which Malaysia was
one of the original members, Australia's Trade Minister Craig Emerson and his
Malaysian counterpart Mustapa Mohamed signed a comprehensive bilateral free trade
agreement.
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TPP Negotiations Make 'Better-Than-Expected' Progress 5/22/2012 The Office of the United States Trade Representative has confirmed that
the twelfth round of negotiations, held recently outside Dallas, Texas, on the
proposed extension to the Trans-Pacific Partnership, between Australia,
Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the US and Vietnam, made
better-than-expected progress.
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ASEAN, World Bank Monitor Progress To AEC 5/17/2012 The Secretariat of the Association of Southeast Asian Nations and the
East Asia and Pacific Region of the World Bank have signed an agreement for the
World Bank to provide advisory services to ASEAN to strengthen its capacity to
monitor progress towards achieving the ASEAN Economic Community.
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Malaysia, India Sign Revised DTA 5/10/2012 On May 9, 2012, in Kuala Lumpur, Vijay Gokhale, the High Commissioner of India
to Malaysia, and Wan Abdul Aziz Wan Abdullah, Secretary General of Treasury in
the Malaysian Ministry of Finance signed a revised double taxation agreement between their two countries.
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US Issues Annual IPR Country Report 5/3/2012 The Office of the United States Trade Representative has released its annual
‘Special 301 Report’ on the perceived adequacy and effectiveness of
US trading partners’ protection and enforcement of intellectual property
rights (IPR).
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ASEAN, EU Confirm Importance Of FTA Talks 5/2/2012 When the foreign ministers of the Association of Southeast Asian Nations and European Union held a meeting in Brunei on April 27, emphasis was
laid on the on-going negotiation of free trade agreements between the two
regions.
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ASEAN Enhances Patent Cooperation Programme 5/2/2012 As announced by the Association of Southeast Asian Nations Intellectual
Property Offices, their Patent Examination Co-operation
(ASPEC) programme has now been enhanced, after a regular review at a working
group meeting in Bangkok in November last year.
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Kirk Explains US Asia-Pacific Trade Policy 5/1/2012 In remarks at Singapore Management University, the United States Trade Representative
Ron Kirk described the Administration’s broad trade policy in the Asia-Pacific region
as using the Trans-Pacific Partnership to make further progress with its
trading partners around the Pacific Rim.
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Hong Kong Signs DTA With Malaysia 4/27/2012 On April 25, in Kuala Lumpur, Hong Kong’s Financial Secretary, John C Tsang,
and the Malaysian Minister of Finance, Ahmad Husni Hanadzlah, signed a comprehensive
double taxation agreement between Hong Kong and Malaysia.
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Bermuda Signs TIEAs With Italy, Malaysia 4/27/2012 Bermuda Premier Paula Cox on April 23 signed additional tax information
exchange agreements with Malaysia and Italy in London.
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APEC Focuses On Trade And Investment 4/6/2012 The Asia-Pacific Economic Cooperation is moving ahead with cooperative
efforts to evaluate and identify initiatives to support freer, faster and more
beneficial trade in the region that will lead ultimately, it is hoped, to a Free
Trade Area of the Asia Pacific.
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ASEAN Comprehensive Investment Agreement Enters Into Force 4/9/2012 At the recent 20th Association of Southeast Asian Nations Summit in Phnom
Penh, Cambodia, its leaders welcomed the entry into force of the ASEAN Comprehensive
Investment Agreement.
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WTO Members Pressure Argentina On Trade Policy 4/9/2012 At the Council for Trade in Goods meeting on March 30, 2012, fourteen World Trade Organisation members jointly
expressed their deepening concern about Argentina’s import-licensing measures, which were said to have significantly restricted trade flows.
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ASEAN Reaffirms Commitment To AEC By 2015 4/4/2012 In Phnom Penh, on April 3-4 2012, at the 20th Association of Southeast Asian Nations Summit, its member states acknowledged the significance of the progress
that has been made in the implementation of the roadmap towards an ASEAN Economic
Community by 2015.
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De Gucht Calls For An EU-ASEAN FTA 4/4/2012 During his speech to the European Union – Association of Southeast
Asian Nations Business Summit in Phnom Penh on April 1, Karel De Gucht,
the European Commissioner for Trade, stressed that a comprehensive free trade
agreement was needed between the two regions.
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New Zealand, Malaysia Discuss TPP 3/26/2012 New Zealand’s trade minister has been discussing the ongoing Trans Pacific Partnership negotiations as part of a Malaysian trade visit.
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Thai Stock Exchange Calls For CGT Relief 3/20/2012 The President of the Stock Exchange of Thailand, Charamporn Jotikasthira,
has disclosed that he will request that the Ministry of Finance exempt investments
made through the intra-Association of Southeast Nations trading platform
from capital gains tax.
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Hong Kong, Malaysia Set Cross-Border Investment Platform 3/15/2012 It has been announced that a pilot platform on cross-border investment and debt-securities
settlement will be launched on March 30 by the Hong Kong Monetary Authority,
Bank Negara Malaysia and Euroclear Bank.
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TPP Talks Make Further Headway 3/14/2012 The Office of the United States Trade Representative has stated that the
prospective Trans-Pacific Partnership free trade partners – Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the US, and
Vietnam – made further strong headway during the recent eleventh round of
negotiations in Melbourne.
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ASEAN Economic Community On Track For 2015 2/29/2012 The Association of Southeast Asian Nations economic ministers, at the
conclusion of their meeting in Myanmar, noted the developments in the implementation
of various initiatives aimed at establishing the ASEAN Economic Community in 2015.
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APEC Business Leaders Push Asia-Pac FTA 2/29/2012 The Business Advisory Council of the Asia-Pacific Economic Cooperation is focused on taking further steps towards realizing the goal of an integrated
Asia Pacific economy, and on liberalizing and facilitating trade and investment,
leading ultimately to a Free Trade Area of the Asia Pacific.
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Japanese TPP Negotiations Depends On US Go-Ahead 2/28/2012 While the Japanese government has now concluded a first round of talks with each
of the nine countries that are presently in negotiations for an extension to the
Trans-Pacific Partnership, it is becoming apparent that it
will be up to the United States to make the final decision whether to allow Japan
to join those negotiations.
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Malaysian Budgetary Efforts Stunted By Economic Slowdown 2/16/2012 The International Monetary Fund has said Malaysia surpassed fiscal consolidation targets in 2011 as a result of better-than-budgeted revenue performance and efforts to broaden the tax base. The IMF has warned, however, that the government may be required to rein in austerity measures at the cost of consolidation as the economy slows in 2012.
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US Confirms TPP Not Aimed Against China 1/9/2012 At the Center for Strategic and International Studies in Washington to launch
a speaker series entitled the "Trans-Pacific Partnership: Recovery
through Growth in Asia and the Next Generation of Regional Trade Agreements",
the Deputy National Security Adviser Michael Froman said that the proposed extension to the TPP is not directly aimed against the interests of China.
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Singapore Tops Asia-Pac 'Good Governance' Index 12/14/2011 Vriens and Partners, an Asia-focused corporate advisory firm, has issued its 2011
‘Good Governance for International Business’ index of 19 economies
in the Asia-Pacific region, in which Singapore has edged out Hong Kong for the
number one position.
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US Puts Green Issues Within TPP Negotiations 12/8/2011 In a prepared statement, the Deputy United States Trade Representative, Demetrios
Marantis, has introduced a ‘green paper’ on how environmental initiatives
are being forwarded within the Trans-Pacific Partnership negotiations.
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Malaysia To Pay One-Off Cash Grant 12/2/2011 A statement issued by Malaysia’s Minister of Finance, Dato 'Seri Ahmad Husni
Hanadzlah, has confirmed that the government will, in January 2012, pay to households
the one-off cash grant, which was promised in the 2012 Budget announced in October this year.
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China Pushes For Faster Asian Trade Liberalization 11/22/2011 China’s Premier Wen Jiabao, in his speech to the 14th Association of Southeast
Asian Nations Plus Three Summit in Bali on November 18, 2011, proposed
that the participating countries should look to accelerate and deepen regional
trade liberalisation and facilitation.
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APEC Approves Cross-Border Privacy Rules 11/18/2011 The Asia-Pacific Economic Cooperation group has approved a new initiative to harmonize cross-border data privacy protection, which is designed to enhance the protection of consumer data that moves between its members, including the United States, at a time when more consumer information is moving across national borders.
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APEC Looks At Regional Economic Integration 11/17/2011 Under the chairmanship of US President Barack Obama, the leaders of the Asia-Pacific
Economic Cooperation group, at their recent meeting in Hawaii, adopted the ‘Honolulu
Declaration’, which looks towards a 'seamless regional economy',
by strengthening regional economic integration and expanding trade, promoting
green growth, and advancing regulatory convergence and cooperation.
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TPP Participants Reach Outline Agreement 11/16/2011 Following talks on the sidelines of the Asia-Pacific Economic Cooperation Leaders Meeting in Honolulu, the countries negotiating the proposed extension
to the Trans-Pacific Partnership - Australia, Brunei Darussalam, Chile,
Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam –
announced they had reached the broad outlines of an agreement.
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Labuan Gives Tax Incentives For Oil And Gas Trading 11/2/2011 At the launch of the Global Incentives for Trading programme and the newly-formed
Labuan International Trading Commodity Company, the Director-General of
Labuan Financial Services Authority Encik Ahmad Hizzad Baharuddin announced
that a range of incentives have been initiated to attract oil and gas traders
to Malaysia.
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Strong Progress Made In TPP Talks 11/1/2011 On October 28, 2011, the United States and its Trans-Pacific Partnership partners - Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore,
and Vietnam - concluded a ninth round of negotiations in Lima, Peru.
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Malaysia Finally Confirms New Air Passenger Taxes 10/31/2011 After the increases were delayed in September, Malaysia Airports has now announced
that new rates of the international passenger service charge and aircraft
landing and parking charges will be implemented from November 15, 2011.
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Study Points To Mutual Benefits For APEC And TPP 10/28/2011 Despite the different nature of their negotiations, a study prepared by the Policy
Support Unit of the Asia-Pacific Economic Cooperation has explored how APEC and
the Trans-Pacific Partnership can be mutually beneficial.
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Labuan Attracts Captive Insurance Business 10/21/2011 Its Chief Executive Officer David Kinloch has said that the attractions of the
Labuan International Business and Financial Centre for captive insurance
companies are increasingly being recognized, and the sector is expected to expand
significantly next year.
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Luxembourg Gives Boost To Financial Centre In Asia 10/20/2011 Determined to reinforce the Luxembourg financial centre in markets experiencing
strong economic growth, Luxembourg’s Finance Minister Luc Frieden is currently
on a visit to Asia to promote the financial centre.
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Malaysia Calls For Uniform Islamic Finance Tax Framework 10/19/2011 In her keynote address to the recent IFN 2011 Issuers & Investors Asia Forum
in Kuala Lumpur, Nik Ramlah Mahmood, the Managing Director of the Securities Commission
Malaysia, said that, for the Islamic capital market to make further progress,
more jurisdictions would need to put uniform tax frameworks into place.
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Tax Incentives Feature In Malaysia's 2012 Budget 10/11/2011 In what is considered to be the last before he calls for elections, the Malaysian
Prime Minister and Minister of Finance, Datuk Seri Najib Tun Abdul Razak, recently
introduced a 2012 Budget that was full of tax breaks and incentives.
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US Points To Progress In TPP Negotiations 9/22/2011 A statement from the Office of the United States Trade Representative has disclosed
that the nine countries involved in negotiating the extended Trans-Pacific Partnership– the United States, Australia, Peru, Vietnam, Malaysia, New Zealand,
Chile, Singapore and Brunei – have made progress in a further round of negotiations
in Chicago.
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Malaysia Delays Increased Passenger Tax 9/15/2011 Malaysia Airports has been advised by the Ministry of Transport that increases to the international passenger service charge and aircraft landing and parking charges, which the government had previously approved, have been put on hold, pending further review.
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EU-Singapore Trade Pact In The Offing 9/8/2011 Following his meeting with Singapore's Prime Minister Lee Hsien Long, the President of the European
Commission, Jose Manuel Barroso (pictured) said that a comprehensive Free
Trade Agreement between the EU and Singapore will likely be finalized 'very soon'.
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Malaysia Steps Up Transfer Pricing Oversight 8/3/2011 Malaysia’s Inland Revenue Board has issued a new form to be completed
by multinational companies to give more complete information on transfer pricing
in cross-border transactions.
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Asian FDI Reached Records Last Year 8/1/2011 The United Nations Conference on Trade and Development, in its World Investment
Report 2011, points out that, while global foreign direct investment has
not yet bounced back to pre-crisis levels, some regions, and particularly Asia,
show a better recovery than others.
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Further Progress Reported At TPP Talks 6/29/2011 A statement from the Office of the United States Trade Representative has disclosed
that the nine countries involved in negotiating the extended Trans-Pacific Partnership have successfully concluded the seventh round of their
negotiations in Ho Chi Minh City, Vietnam.
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EFTA Unveils Progress On FTAs 6/23/2011 Following a recent gathering of European Free Trade Association ministers
in Schaan, the Liechtenstein administration announced details of the signing of
a free trade agreement with Hong Kong.
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APEC Stresses Doha Urgency 5/24/2011 A major negotiating breakthrough is required if the Doha Round is to reach a successful conclusion, with many gaps remaining unbridgeable, the Asia-Pacific Economic Cooperation organization has said.
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TPP Negotiators Take Stock Of Progress 5/25/2011 Trade ministers from the nine countries involved in negotiating the extended Trans-Pacific
Partnership – the United States, Australia, Peru, Vietnam, Malaysia,
New Zealand, Chile, Singapore and Brunei – have met to take stock of progress
made so far and to consider the path forward as they seek to conclude a high-standard,
regional trade agreement.
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Japan Delays TPP Decision 5/23/2011 As a further consequence of the earthquake and tsunami in March this year, it
has now been officially confirmed that Japan’s decision on whether to join
the Trans-Pacific Partnership will be delayed beyond its expected June deadline.
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ASEAN Bloc Tackles Trade Obstacles 5/13/2011 Indonesian Minister of Finance Agus Martowardojo has urged members of the ASEAN
trade bloc to implement reforms to establish greater financial sector integration
between nations, including through easing tax and non-tax barriers and setting
up frameworks to mitigate criminality.
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Malaysia, South Korea Study Possible FTA 5/9/2011 Following recent meetings, Malaysia and South Korea have agreed to undertake separate
feasibility studies on a bilateral free trade agreement.
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Moves To Strengthen SMEs In ASEAN 5/10/2011 In the run-up to the 18th Association of Southeast Asian Nations Summit
later this month in Jakarta, more than 200 participants from the
business community, government and academia, have met in a major symposium to
formulate concrete recommendations on what can be done to strengthen small and
medium-sized entities in the region.
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EU Striving For ASEAN Trade Deal 5/9/2011 Karel De Gucht, the European Commissioner for Trade, in his closing remarks to
the first ever Association of Southeast Asian Nations-European Union Business Summit, has said that the European Commission’s ultimate goal
is a free trade agreement with the region.
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APEC Business Leaders Call For Free Trade Deal 5/3/2011 The APEC Business Advisory Council, formed of business leaders from the
21 economies of the Asia-Pacific Economic Cooperation have recommended,
during a recent meeting in Seoul, that concrete steps should be taken to realise
a Free Trade Area of the Asia-Pacific.
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ASEAN Establishes Tax Forum 4/11/2011 Following a meeting in Indonesia, the Finance Ministers of the Association of
Southeast Asian Nations have established a forum on taxation involving
the tax authorities of all member states.
|
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USTR Reports Strong Progress In TPP Talks 4/6/2011 The Office of the United States Trade Representative has confirmed that
the United States and its Trans-Pacific Partnership partners - Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam
- made considerable progress in their sixth round of trade agreement negotiations
held recently in Singapore.
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EU, Malaysia Set FTA Timetable 3/16/2011 During the recent visit of the European Trade Commissioner, Karel De Gucht, to
Malaysia, it was disclosed that negotiations on the proposed free trade agreement between the European Union and Malaysia should be completed by the
middle of 2012.
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Clinton Pushes US Free Trade Agenda At APEC 3/14/2011 During remarks to senior officials from the Asia Pacific Economic Cooperation Forum in Washington, Hillary Rodham Clinton, the Secretary of State, emphasized
the strong commitment of the United States government to free trade in the region,
as long as it is fair, transparent and 'delivers results to the American
people.'
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Malaysia Approves Film Returns Incentive Scheme 2/28/2011 To assist local film producers and the development of the Malaysian film industry,
the government has approved a proposal to introduce a Film Returns Incentive Scheme,
to replace rebates of the existing entertainment tax.
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TPP Talks Make Progress 2/23/2011 The Office of the United States Trade Representative has confirmed that
the United States and its Trans-Pacific Partnership partners – Australia,
Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam
– concluded their fifth round of negotiations in Santiago, Chile, marking
continued progress toward the goal of developing a trade agreement.
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Malaysia, Qatar Sign TIEA Protocol 2/17/2011 Malaysia’s Secretary General of the Treasury, Wan Abdul Aziz Wan Abdullah, and Qatar’s Director of Public Revenues and Taxes, Moftah Jassim Al-Moftah, have signed, in Kuala Lumpur, a protocol to their countries’ existing double taxation agreement.
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Malaysian Opposition Calls For Reduced Car Taxes 2/9/2011 Azmin Ali, Deputy President of Parti Keadilan Rakyat, the political opposition
grouping, has disclosed that it plans to study radical changes to the taxation
of vehicles in Malaysia to counteract their high prices.
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Japan Sticks To Timetable For TPP Decision 1/21/2011 Banri Kaieda, Japan’s new Trade Minister after Prime Minister Naoto Kan’s
recent ministerial reshuffle, has confirmed that the government will not bring
forward its deadline for deciding whether to join the Trans-Pacific Partnership.
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Malaysia, GCC Move Towards FTA 1/20/2011 It has been disclosed that the framework for a free trade agreement between
Malaysia and the Gulf Cooperation Council has been completed.
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Netherlands Notes Tax Agreements' Entry Into Force 12/30/2010 The Netherlands government has announced the ratification of a revised double
tax agreement with the United Kingdom, approved by the Netherlands’ Senate in late December.
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South Korea, Malaysia To Negotiate FTA 12/13/2010 During the South Korean President Lee Myung-bak’s (pictured) recent visit to Malaysia,
he agreed with the Malaysian Prime Minister Najib Razak that a bilateral free
trade agreement should be negotiated between their two countries.
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Momentum For Trans-Pacific Partnership 11/18/2010 Meeting recently on the margins of the APEC meeting in Yokohama, the leaders of
the countries participating in negotiations for the proposed Trans-Pacific Partnership welcomed the solid progress made so far in the talks aimed at negotiating
the regional trade deal, and resolved to seek to conclude the ambitious agreement
as swiftly as possible.
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Malaysia Signs FTA With Chile 11/16/2010 A free trade agreement between Malaysia and Chile was signed in Yokohama,
Japan, by Malaysia’s Deputy Foreign Affairs Minister, Richard Riot Anak
Jaem, and the Chilean Minister of Foreign Affairs, Alfredo Moreno Charme.
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APEC Commits To Free Trade 11/12/2010 Trade and foreign ministers of the 21 Asia-Pacific Economic Cooperation member nations recommended the extension of the commitment to a standstill on
new trade and investment barriers until the end of 2013, and confirmed that concrete
steps should be taken to realise a Free Trade Area of the Asia-Pacific.
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Malaysia's 2011 Budget To Encourage Private Investment 10/20/2010 During the 2011 Budget speech, Datuk Seri Najib Tun Razak, Malaysia’s Prime
Minister and Minister of Finance, emphasised that the government’s fiscal
measures are an integral part of its strategy to produce a developed and high-income
economy, spearheaded by investment by the private sector.
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Bahrain, Malaysia Sign TIE Protocol 10/19/2010 The Kingdom of Bahrain’s Finance Minister, Shaikh Ahmed bin Mohammed Al
Khalifa, and the Malaysian Ambassador to Bahrain, Dato' Syed Sultan Idris, have
signed a protocol to the existing double taxation treaty between their respective
governments.
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UK Leads EU Tax Rate Hikes 10/12/2010 New research from KPMG has shown that workers in the United Kingdom are suffering more than most as a result of post-crisis tax policy, with the UK’s
personal income tax rates now the fourth most punitive in Europe, up from thirteenth
a year prior.
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EU, Malaysia To Start FTA Negotiations 10/8/2010 Arising out of discussions held on the sidelines of the recent Asia-Europe meeting
in Brussels, it has been announced that the European Union and Malaysia are
to begin negotiations on a bilateral free trade agreement.
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APEC Officials Focus On Free Trade 9/29/2010 Asia-Pacific Economic Cooperation officials met recently in Japan to discuss
key reports and recommendations on enhancing regional trade and economic integration
that will be submitted to leaders and ministers of its member economies when they
meet in November this year.
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Asia-Pacific Business Leaders Commit To FTAAP 8/31/2010 The Business Advisory Council of the Asia-Pacific Economic Cooperation has affirmed its belief that making progress on a Free Trade Area of
the Asia Pacific presents the best strategy for achieving regional growth.
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ASEAN Ministers Review Free Trade Progress 8/27/2010 The meeting of the Association of Southeast Asian Nations Economic Ministers, held on August 24-25, 2010, in Da Nang, Vietnam, reaffirmed their resolve
to ensure the realization of the ASEAN Economic Community in 2015.
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Uruguay Stays On OECD Grey List 8/24/2010 Uruguay has reached agreement with India on an information exchange agreement, but for the present will stay on the grey list of the Organisation for Economic Co-operation and Development, since seven of its 12 agreements, including the one with India, still await signature.
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Shariah-Compliant World Fund Launched In Guernsey 8/19/2010 Investment manager Argyll Investment Services Limited has launched ‘the
World Shariah Funds PCC Limited’, a Guernsey-based suite of Islamic-compliant
investments which is to be listed on the Channel Islands Stock Exchange
and distributed globally.
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New Zealand-Malaysia FTA In Force 8/2/2010 The free trade agreement between New Zealand and Malaysia, which was signed
in Kuala Lumpur in October last year, came into effect on August 1, 2010.
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Taxes Hindering Global Broadband Development 7/22/2010 The GSM Association has issued a report which reveals how mobile sector-specific
taxation impacts on the development and deployment of mobile broadband in developing
countries.
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EU And Singapore Edge Closer To FTA 7/8/2010 It has been disclosed that negotiations on the proposed free trade agreement between Singapore and the European Union are proceeding well, and that it
could be completed as early as next year.
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Malaysia Unveils Deficit Reduction Plan 6/11/2010 Malaysian Prime Minister, Najib Razak, has presented to parliament a 10th five-year Malaysia
Plan which presages cutting the government’s fiscal deficit to 2.8% in 2015,
compared to the revised forecast of 5.3% in 2010.
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TPP Discussions Held During APEC Meeting 6/9/2010 Trade ministers of the eight countries looking to join in the new Trans-Pacific
Partnership met in Sapporo, Japan, on the sidelines of the Asia-Pacific
Economic Cooperation meeting, to exchange views and provide guidance to negotiators
ahead of the second round of talks.
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APEC Commits To Regional Free Trade 6/7/2010 In a statement issued after the close of two-day talks in Sapporo, Japan, Asia-Pacific
Economic Cooperation trade ministers announced progress in achieving
their goals of free and open trade, and in advancing regional economic integration,
including exploring possible pathways to a Free Trade Area of the Asia Pacific.
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Malaysia To Progress FTA With GCC 6/4/2010 Malaysia’s Deputy International Trade and Industry Minister, Datuk Mukhriz
Mahathir, has disclosed that Malaysia is to work on the framework for a free trade
agreement with the Gulf Cooperation Council.
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APEC To Explore Asia-PAC Free Trade Area 6/2/2010 As trade ministers from the Asia-Pacific Economic Cooperation group prepare for
their annual meeting on June 5 and 6, its Business Advisory Council has
delivered a set of recommendations, including the creation of an Asia-Pacific free trade area.
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Malaysia Grants First Sports Betting Licence 5/19/2010 Malaysia’s Ministry of Finance has given its approval for the re-issue to
Ascot Sports, a company controlled by the well-known businessman, Vincent Tan,
of the sports betting licence, which was originally granted in 1987 but had been
withdrawn.
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Malaysia, India To Sign FTA 5/18/2010 The Malaysian Minister of International Trade and Industry, Mustapa Mohamed, has
said that Malaysia and India can be expected to conclude negotiations on a bilateral
free trade agreement in August, for signature before the end of 2010.
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India Seeks ASEAN FTA Expansion 5/7/2010 Following the entry into force of India’s free
trade agreement in goods with the Association of Southeast Asian Nations from January 1 this year, the Indian government is now lobbying for its extension to trade in services.
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Malaysia And GCC Still In FTA Talks 5/3/2010 The Malaysian Ambassador to the United Arab Emirates, Datuk Yahaya Abdul Jabar,
has confirmed that Malaysia and the Gulf Cooperation Council are continuing
their negotiations for a Malaysia-GCC free trade agreement.
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EU Ready For FTA Talks With Malaysia 4/19/2010 Following the opening of free trade agreement negotiations with Singapore
earlier this year, the European Union has said that it is ready for bilateral
trade talks also to begin with Malaysia.
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ASEAN Summit's Commitment To The AEC 4/12/2010 The Association of Southeast Asian Nations member states, meeting in Vietnam
for the 16th ASEAN Summit on April 8-9, 2010, reaffirmed their strong commitment
to speed up the effective implementation of the roadmap towards an ASEAN Economic
Community.
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World Bank Pushes Asian Integration 4/9/2010 The World Bank’s recent East Asia and Pacific Economic Update, entitled
‘Emerging Stronger from the Crisis’, looks for deeper regional integration
in the area, particularly through the Association of Southeast Asian Nations and its regional free trade agreements.
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IASB Chairman Updates EU 3/18/2010 Sir David Tweedie, Chairman of the International Accounting Standards Board, has addressed a meeting of the Council of the European Union (Economic and Financial Affairs) on convergence and the classification and measurement of financial instruments.
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Hong Kong And Malaysia To Sign DTA 3/19/2010 In Kuala Lumpur, at the start of a Southeast Asian tour, Hong Kong’s Financial
Secretary, John Tsang, met the Malaysian Prime Minister, Najib Razak, and both
sides agreed to negotiate a double taxation agreement between Hong Kong and Malaysia.
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Malaysia Not Cancelling GST 3/12/2010 After a government meeting, Malaysia’s Second Finance Minister, Datuk Seri
Ahmad Husni Hanadzlah, has rejected any suggestion that the proposed introduction
of a goods and services tax has been cancelled.
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