The Trans-Pacific Partnership (TPP) is unlike any other free trade agreement of the past. It covers a host of developed and developing economies across the Pacific Rim: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam, while others, including Colombia, the Philippines, Thailand, Taiwan, South Korea and Indonesia, have […]Read more "JUL/AUG 2016 EDITORIAL – IS TPP GOOD FOR AMERICA? THE NUMBERS SAY IT ALL"
A 16-member team of business executives representing AmCham Hong Kong travels to Washington DC for a series of discussions with US government officials and elected representatives as well as key personnel of various think tanks and international agencies on a broad spectrum of relevant issues on behalf of US businesses and members of the Chamber. […]Read more "JUL/AUG 2016 COVER STORY – CONNECTIVITY WITH SUBSTANCE"
“How does Hong Kong position itself for the future? As an international financial center like London? As a super-connector for China? As something else? Or as all of these?” Ashley Alder, CEO of Hong Kong Securities and Futures Commission (SFC) highlights three areas where Hong Kong can remain a structurally sound platform and capture opportunities […]Read more "FINANCIAL SERVICES: Hong Kong as an evolving international financial center – The significance of regulation"
The Southeast Asian nation of Brunei Darussalam is known for its vast and seemingly endless supply of oil, which has fueled the national economy for the past century, establishing the country as the fifth wealthiest in the world by GDP per capita. With depleting oil reserves, Brunei – a member state of ASEAN – faces […]Read more "TRADE & INVESTMENT: Brunei Darussalam – An Economy on the Rebound"
The introduction of FATCA has provided the US government with greater access to information about individual taxpayers on a global scale, adding to the information that the US has already gathered as a result of its voluntary disclosure programs for individuals. It means US individuals will increasingly be under the scrutiny of the IRS regardless […]Read more "TAXATION: US EXTENDS EFFORT TO TACKLE OFFSHORE TAX EVASION"
The Hong Kong Financial Services and the Treasury Bureau provides answers to a number of frequently asked questions regarding the implementation of the US Foreign Account Tax Compliance Act (FATCA) – a law requiring foreign financial institutions to identify and disclose information about their US clients – and how the intergovernmental agreement (IGA) signed between […]Read more "Law: FAQs about FATCA"
Exciting things are happening in the world of work – under the overarching influence of technology and the burgeoning Internet of Things (IoT), not only is the way of doing business evolving but where it is done. Jonathan Wright, Associate Director of Office Services, Colliers International, talks about the growing demand for flexible working spaces […]Read more "HUMAN RESOURCES: OFFICE REVOLUTION – RISE OF THE FLEXIBLE WORKSPACE"