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1.

VIETNAM: 14 Stalled Hung Yen Projects Set to Lose Investment Licences

10 Dec 2018

The investment licences for 14 projects, given the go-ahead in the period 2008-2014, in the northern Hung Yen province are set to be revoked following excessive delays or failures to initiate agreed d...Read More

2.

INDONESIA: FTA Negotiations Concluded with European Free Trade Association

6 Dec 2018

The country has successfully concluded negotiations with the European Free Trade Association (EFTA) – an intergovernmental organisation representing Iceland, Liechtenstein, Norway and Switzerland – w...Read More

3.

VIETNAM: Foreign Currency Loans for Exporters Now Available Until December 2019

5 Dec 2018

The State Bank initiative that gave local exporters access to foreign currency-denominated loans will now run until 31 December 2019....Read More

4.

MYANMAR: Investment Protection Agreement with China and Hong Kong

4 Dec 2018

Myanmar has signed an Investment Promotion and Protection Agreement (IPPA) with China and nine other countries, including four fellow ASEAN nations – Laos, Philippines, Thailand and Vietnam....Read More

5.

INDONESIA: Luxury Property Tax Threshold Raised in Bid to Boost Real Estate Sector

3 Dec 2018

Buyers of residential property valued at less than Rupiah 30 billion (US$1.97 million) will no longer be obliged to pay a 20% luxury tax surcharge....Read More

6.

VIETNAM: Origin of Export Goods Set for Stringent Verification

30 Nov 2018

Checks on the exact origin of goods are to be stepped up before exporting as the country looks to ensure it is complying with its international obligations....Read More

7.

MYANMAR: New Ministry Briefed with Launch of Online Overseas Invest System

29 Nov 2018

The launch of an online single-window system for overseas investment applications is to be handled by the newly-established Ministry of Investment and Foreign Economic Relations....Read More

8.

INDONESIA: New Business Sectors Now Opened Up To 100% Overseas Ownership

28 Nov 2018

An additional 54 industry sectors have been approved for 100% overseas ownership, including medical devices manufacturing, textile printing and weaving, steel, chemical and petrochemical production, o...Read More

9.

MYANMAR: Overseas-Owned Banks Now Cleared to Lend to Domestic Businesses

23 Nov 2018

All 13 overseas-headquartered banks currently operating in the country are to be permitted to extend credit facilities to domestic businesses as well as to provide a range of other banking services....Read More

10.

INDONESIA: Stock Exchange Settlement Time Cut to Two Days

22 Nov 2018

The lead time for the settlement of transactions at the Jakarta-based Indonesia Stock Exchange (IDX) is to be cut from three to two days....Read More

11.

MALAYSIA: Property Gains Tax Hiked to 10% for Corporate and Overseas Owners

15 Nov 2018

As of 1 January next year, the 5% Real Property Gains Tax currently payable on assets held for five years or more will be raised to 10% for all companies and overseas nationals....Read More

12.

THAILAND: Designated Exports Lose Duty-Free Access to US Market

12 Nov 2018

As of 1 November this year, duty-free access to the US market has been rescinded for a wide range of the country’s exports....Read More

13.

VIETNAM: Tax Cut Mooted for All Domestically-Produced Automotive Parts

5 Nov 2018

A tax cut on all locally-produced automotive parts has been proposed by the Ministry of Industry and Trade (MoIT) as a mean of helping to develop a local supply chain for the country’s emerging automo...Read More

14.

INDIA: Variable Anti-Dumping Duty Imposed on Flax Yarn of China Origin

1 Nov 2018

Certain flax yarn imports originating from China will now be subject to anti-dumping duty (ADD) at a rate of US$1.30-US$4.83 per kg....Read More

15.

VIETNAM: Stricter Regime Adopted for All Frozen Meat Products

30 Oct 2018

Under the terms of new regulations, jointly issued by the Ministry of Agriculture and Rural Development (MARD) and the Ministry of Science and Technology (MoST, all frozen meat products must be certif...Read More

16.

CAMBODIA: EU Threatens to End Duty-Free Export Access Over Human Rights Concerns

25 Oct 2018

The EU is considering ending the duty-free status granted to Cambodia’s exports over growing concerns with regard to the ongoing human rights violations in the Southeast Asian nation....Read More

17.

INDIA: Duty Doubled on Telecom Imports in Bid to Boost Make in India Initiative

24 Oct 2018

The import duty on a range of telecommunication products has been doubled to 20% as the government looks to reduce overall import levels while boosting domestic production in line with the aims of the...Read More

18.

MYANMAR: New Investment Plan Designed to Boost FDI and Enhance Business Environment

23 Oct 2018

The newly-unveiled Myanmar Investment Promotion Plan 2018 (MIPP) is intended to nurture a three-phase increase in FDI over the next 18 years....Read More

19.

INDIA: End Looms for Direct In-Port Collection of Imported Cargo Containers

22 Oct 2018

In a bid to end congestion at India’s ports, containerised cargo is set to be transported for processing to external Container Freight Stations (CFS) within 24 hours import....Read More

20.

SRI LANKA: Non-Essential Imports Restricted in Bid to Bolster Rupee

12 Oct 2018

Any retailer looking to secure letters of credit with banks in order to facilitate the import of certain non-essential consumer items (including mobile phones, refrigerators, washing machines, air con...Read More

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