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1.

VIETNAM: Overseas Investors Cleared to Use Foreign Currency in New Privatisation Round

18 April 2019

The State Bank of Vietnam (SBV), the country’s central bank, has announced liberalised arrangements for the use of foreign currency by overseas investors participating in the privatisation of State-Ow...Read More

2.

INDIA: Duty Cuts Mooted for High-End Mobile Phone Imports

17 April 2019

It is believed that that the government is planning to cut the import duty payable on mobile handsets valued at more than INR50,000 (US$682)....Read More

3.

MYANMAR: Five Overseas Life Insurance Businesses Granted National Operating Licences

15 April 2019

Five overseas-owned life insurance businesses – including AIA Hong Kong – have been granted provisional licences to provide insurance services in Myanmar....Read More

4.

MYANMAR: One-Stop Yangon Service Centre Opened for Overseas Investors

11 April 2019

A One Stop Service (OSS) centre, designed to meet the needs of overseas investors, has been launched in Yangon, the country’s commercial capital....Read More

5.

INDIA: Indian Government Plans to Extend Tax Exemption Scheme to All Textile Products

3 April 2019

Plans are in place to broaden the range of textile businesses entitled to claim domestic tax exemptions. Under the current terms of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme, on...Read More

6.

INDIA: Domestic Levy Exemption Scheme for Inputs Imported for Export Extended Until March 2020

1 April 2019

Input material and capital goods imported into the country under the terms of a number of export promotion schemes are to continue to be exempted from the domestic Integrated Goods and Services Tax (I...Read More

7.

MYANMAR: Licence Restriction Lifted on Importing Auto-Parts for Domestic Assembly

22 March 2019

Licences are no longer required for the import of newly-produced automotive parts for use in new vehicles or in domestic assembly/manufacture, providing they comply with a number of statutory requirem...Read More

8.

INDONESIA: New App Set to Accelerate Regional FDI Approval Process

21 March 2019

The government has launched a new app in a bid to improve coordination between regional investment officials with regard to the granting of permits for foreign direct investment (FDI)....Read More

9.

INDIA: US$5.6 billion Worth of Exports Set to Lose Duty-Free Access to US as of May

19 March 2019

Many of the country’s exports are set to lose their duty-free access to the US market as of May this year. Their previous entitlement, under the terms of the US Generalised System of Preferences (GSP)...Read More

10.

MYANMAR: Official Boost for Trade and Investment Unveiled

18 March 2019

The Ministry of Commerce and the Directorate of Investment and Company Administration has recently launched the Trade and Investment Project (TIP), an initiative aimed at boosting the country’s commer...Read More

11.

INDONESIA: Free Trade Agreement Signed with Australia

15 March 2019

The country has now formally signed a Free Trade Agreement (FTA) with Australia. Formally entitled the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), its wide remit includ...Read More

12.

INDIA: Automated Customs Clearance Procedures Set to be Adopted

14 March 2019

Import customs procedures at ports and air terminals have been further streamlined as the country looks to improve its ranking on the World Bank’s Ease of Doing Business Index....Read More

13.

CAMBODIA: Online Certificate of Origin System Extended to Laos Border Province

13 March 2019

The country’s online Certificate of Origin (CO) system has been extended to the province of Stung Treng on the country’s border with Laos, as well as to two other provinces bordering Vietnam - Kratie ...Read More

14.

CAMBODIA: New Factories and Industrial Vehicles Banned in Central Phnom Penh

12 March 2019

No new factories are to be opened in the central districts of Phnom Penh, the national capital, following the imposition of a blanket ban designed to cut back on commercial traffic in the frequently-c...Read More

15.

LAOS: Investors Set to Lose Land Concession Licences on Stalled Projects

4 March 2019

Investors who fail to initiate agreed development programmes are set to have their land concession licences rescinded as part of a government crackdown on overly-delayed projects....Read More

16.

THAILAND: Full Excise Tax Exemption Mooted for Domestically Produced Electric Vehicles

28 Feb 2019

The 8% excise duty on full Electric Vehicles (EVs) produced in the country is to be waived in line with a new proposal by the Excise Department (ED)....Read More

17.

MYANMAR: Overseas Banks Approved for New Branches and Wider Range of Services

27 Feb 2019

In line with a recent statement by the Central Bank of Myanmar (CBM), all overseas-headquartered banks will be permitted to set up wholly-owned subsidiaries in the country by the end of 2020....Read More

18.

LAOS: Revised Investment Guidelines Issued Following Publication of Controlled Business List

26 Feb 2019

Following the publication of the Controlled Business List (CBL), which provides details of all the commercial sectors where operators require a statutory licence, revised investment application proced...Read More

19.

INDONESIA: Universities and Hospitals Set to be Opened Up to Overseas Investors

21 Feb 2019

Proposals are being considered with regard to opening up the country’s university and hospital sectors to overseas investors....Read More

20.

CAMBODIA: Certificate of Origin Fees Scrapped

20 Feb 2019

Businesses are no longer required to pay an Export Management Fee (EMF) when looking to secure a Certificate of Origin (COO)....Read More

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