Pest Analysis
RIVERA, Ma. Elizabeth B. 2010140469 MGT200-1/BY01 1.) Develop a comparative PEST Matrix for the Philippines with another country (the US, any one of the BRIC economies or a SE Asian country). 2.) All information should be attributed properly to their source.
Political Factor
Government PHILIPPINES Unitary presidential constitutional republic Head of the state/chief executive is President elected by the citizen for a single six year term. Cabinet is appointed by the president. Oil Industry commission (Govern by RA 6173); Foreign investment act ( Govern by RA 7042); Telecommunication Industry (Governs by Act 3436): INDONESIA Unitary presidential constitutional republic Indonesia uses the Direct Election System for the election of both its Legislative Members and its President. These elections are held every five year. The next elections will take place in 2014. Banking Industry (Governs by Law Number 10 of 1998 on Bank); Insurance Industry (Governs by Law Number 2 of 1992 on Insurance Industry); Telecommunication Industry (Governs by Law Number 36 of 1999 on Telecommunication); Mining Industry (Governs by Law Number 4 of 2009 on Mineral and Coal Mining); Plantation Industry (Governs by Law Number 18 of 2004 on Plantation); Et cetera. Foreign Direct Investment; and Local Investment (both governs by Law Number 25 of 2007 on Investment)
Source:http://tnrlawfirm.blogspot.com/2012/07/ov erview-on-indonesian-company-law.html
Industry laws
Source: Wikipedia
Business tax
Value-Added Tax (VAT) – A 12% VAT for all kinds of product sales, services, and leases. Amusement Taxes –movie houses, cabarets, racing, carnivals etc. Excise Taxes –involves manufacturing of alcohol, tobacco, and petroleum products; importing of automobile or jewelry, and mining must pay special excise taxes. Import Taxes –business involves importation of goods as part of raw material, must pay customs duties.
Corporation Tax “Companies in Indonesia are taxed at a rate of 25%, for both
Political Factor
Government PHILIPPINES Unitary presidential constitutional republic Head of the state/chief executive is President elected by the citizen for a single six year term. Cabinet is appointed by the president. Oil Industry commission (Govern by RA 6173); Foreign investment act ( Govern by RA 7042); Telecommunication Industry (Governs by Act 3436): INDONESIA Unitary presidential constitutional republic Indonesia uses the Direct Election System for the election of both its Legislative Members and its President. These elections are held every five year. The next elections will take place in 2014. Banking Industry (Governs by Law Number 10 of 1998 on Bank); Insurance Industry (Governs by Law Number 2 of 1992 on Insurance Industry); Telecommunication Industry (Governs by Law Number 36 of 1999 on Telecommunication); Mining Industry (Governs by Law Number 4 of 2009 on Mineral and Coal Mining); Plantation Industry (Governs by Law Number 18 of 2004 on Plantation); Et cetera. Foreign Direct Investment; and Local Investment (both governs by Law Number 25 of 2007 on Investment)
Source:http://tnrlawfirm.blogspot.com/2012/07/ov erview-on-indonesian-company-law.html
Industry laws
Source: Wikipedia
Business tax
Value-Added Tax (VAT) – A 12% VAT for all kinds of product sales, services, and leases. Amusement Taxes –movie houses, cabarets, racing, carnivals etc. Excise Taxes –involves manufacturing of alcohol, tobacco, and petroleum products; importing of automobile or jewelry, and mining must pay special excise taxes. Import Taxes –business involves importation of goods as part of raw material, must pay customs duties.
Corporation Tax “Companies in Indonesia are taxed at a rate of 25%, for both
References: http://www.tradingeconomics.com/country-list en.wikipedia.org http://www.millionaireacts.com/2635/types-of-taxes-when-you-have-a-business-in-philippines.html http://www.nscb.gov.ph/ncs/10thNCS/papers/invited%20papers/ips-02/ips02-03.pdf http://www.dlsu.edu.ph/research/centers/aki/participant/trainings/policyBriefs/TullaoFernandezCabua ySerrano.pdf www.doingbusiness.org/data/exploreeconomies/indonesia/ http://www.nscb.gov.ph https://en.wikipedia.org/wiki/Shopping_mall