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THAILAND: Land Rent Slashed on Latest Tranche of SEZ Sites

16 June 2017

Land rents are to be slashed in a bid to boost investor interest in the latest tranche of Special Economic Zones (SEZs). According to the Thai Treasury Department, this will come in to effect with reg...Read More


THAILAND: Eight-year Tax Waiver for Automotive and Electrical Parts FDI Projects

12 June 2017

Investors in FDI-backed projects related to the automotive and electrical parts design sectors are now eligible to apply for an eight-year waiver of theirs corporate income tax (CIT) obligations....Read More


INDIA: 60-day Limit for the Processing of FDI Proposals Announced

12 June 2017

FDI proposals requiring prior government approval will now be processed within 60 days, with ministries having to approve/reject all such applications within that agreed timeframe....Read More


THAILAND: Imports Found to Have Dodged ADD Duties to Face Punitive Tariffs

5 June 2017

Goods found to have been imported in contravention of existing Anti-Dumping Duty (ADD) and Countervailing Duty (CVD) legislation will be subject to punitive tariffs set to be introduced before the end...Read More


MYANMAR: Unused Industrial Zone Land to Revert to Government After Six Months

18 May 2017

Ownership rights to unused industrial land are to revert to the government if they fail to become operational within a six-month period. The move follows concerns that such land in industrial zone sit...Read More


INDONESIA: Carry-In Foreign Currency to be Capped at US$75,000

17 May 2017

Visitors to the country are to be restricted to bringing in a maximum of US$75,000 in foreign currency. The new limit, set by the country’s central bank, will apply as of 5 March 2018. At present, the...Read More


VIETNAM: Seafood Set For Expedited Export Regime

17 May 2017

Compliance procedures for seafood exports are to be streamlined in response to concerns over the high costs and lengthy delays associated with current regulations on technical and food safety standard...Read More


PHILIPPINES: Tax Incentives Mooted for Green Manufacturing Sector

16 May 2017

Energy-efficient investment projects in the manufacturing sector are to qualify for as yet unspecified tax incentives. The move, announced by the Philippines Board of Investment, will see clean energy...Read More


PHILIPPINES: PPP Projects to be State-Built but Privately-Operated

12 May 2017

Upcoming public-private partnership (PPP) projects are to favour a hybrid model, with the Philippine government building the infrastructure, and private investors then operating and maintaining the fa...Read More


BANGLADESH: Rapid One-Stop Investment Clearance System Promised Within Six Months

10 May 2017

Investment procedures are set to be streamlined with a new one-stop option allowing users to access 16 different ministerial / governmental services from a single website, which will be set to go onli...Read More


MYANMAR: FDI in Proscribed Business Sectors Must Be Registered by March 2019

9 May 2017

Foreign investors with an existing interest in any of the recently-proscribed FDI sectors have until 29 March 2019 to notify the Myanmar Investment Commission (or any other relevant state or regional ...Read More


MALAYSIA: Compulsory Transhipment Ended for Goods Bound for Sarawak, Sabah and Labuan

8 May 2017

Sea freight to and from the states of Sarawak, Sabah and the Federal Territory of Labuan will no longer be required to be transhipped at the Port of Klang....Read More


LAOS: Delayed or Aborted Projects Face Land Rights Forfeiture

4 May 2017

Investors whose projects fail to meet official deadlines will be stripped of all concession rights relating to the proposed site of operations. The move comes amid concerns that such land may change h...Read More


INDIA: Use of Monitoring Agencies Now Mandatory for Public Offerings in Excess of US$15.5 Million

4 May 2017

Appointing a monitoring agency is now mandatory for any public offering in India, where the total value of shares sold exceeds INR 1 billion (US$15.55 million)....Read More


INDIA: Overseas-Sourced Mobile Phones to Face 5-10% Import Levy

2 May 2017

Customs duties of between 5 and 10% will be levied on imported mobile phones under a government proposal to abolish their duty-free status....Read More


INDIA: Latitude and Longitude of Fixed Assets Now a Standard Mortgage Requirement

28 April 2017

Companies that use fixed assets as security for mortgages and loans in India are now obliged to specify their exact locations, including their precise latitude and longitude....Read More


MYANMAR: Full Range of Investment Charges Unveiled

28 April 2017

The Myanmar Investment Commission has announced the fees payable for a range of investment-related services....Read More


INDIA: Local Businesses Now Cleared to Merge into Overseas Companies

20 April 2017

Indian companies will now be permitted to merge into overseas businesses for the first time, following an amendment to the Companies Act (2013) on 13 April....Read More


PHILIPPINES: State-owned SEZ Sector Set to Soar on Re-purposed Farm land

19 April 2017

The development of Special Economic Zones (SEZs) is to be exempt from a proposed two-year moratorium on the re-purposing of farmland for non-agricultural use....Read More


LAOS: New Tax Incentives Unveiled for Designated Projects in Undeveloped Regions

18 April 2017

Extended tax incentives are now on offer for FDI projects operating in the less-developed regions of the country. In particular, projects in the agriculture and healthcare sectors will qualify for pro...Read More

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