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1.

INDONESIA: Monthly Minimum Wage Set to Rise by 8.51% from January 2020

1 Nov 2019

An 8.51% increase in the country’s monthly minimum wage is to be implemented as of 1 January 2020. As the minimum wage varies by region, the increase will show a concurrent variance in real terms....Read More

2.

INDONESIA: F&B Sector Begins Five-Year Transition to Mandatory Halal Certification

29 Oct 2019

Food and beverage (F&B) businesses now have until 17 October 2024 to all ensure all their products and services comply with the country’s mandatory halal labelling requirement....Read More

3.

VIETNAM: Industrial Designs Get Enhanced IP Protection as Accession to Hague Agreement Looms

22 Oct 2019

Overseas companies are set to benefit from enhanced industrial design intellectual property (IP) protection as the country becomes a signatory to the Hague Agreement (Geneva Act of 1999), an internati...Read More

4.

VIETNAM: Online Vendors Face Extended Crackdown on IP Violations

21 Oct 2019

As part of its crackdown on counterfeit and illegally imported goods, the Ministry of Industry and Trade (MOIT) will be prioritising a number of items typically sold online, including contraband cosme...Read More

5.

CAMBODIA: New Legislation Seeks to Regulate Growing E-Commerce Sector

18 Oct 2019

The country’s parliament has recently approved its Law on E-Commerce, which is intended to regulate the country’s e-commerce sector by introducing an appropriate legal framework and ensuring that digi...Read More

6.

MALAYSIA: Accession to Madrid Protocol Boosts Trademark Protection for Overseas Companies

16 Oct 2019

Overseas businesses operating in the country will have enhanced trademark protection from 27 December this year when Malaysia officially becomes a signatory to the Madrid Protocol – an international a...Read More

7.

THAILAND: Foreign Business Licence Requirement Waived in Four Industry Sectors

15 Oct 2019

The need to secure a foreign business licences prior to beginning operations in four commercial sectors is to be waived – telecommunications services provided under 卜Telecommunications Licence Type I ...Read More

8.

THAILAND: Financial Institutions and Businesses Obliged to Verify Source of Customer Funds

14 Oct 2019

Banks and financial institutions, as well as certain other specified businesses, are to be obliged to verify the source of their customers’ funds when conducting transactions....Read More

9.

LAOS: Savannakhét Road Checkpoints Come Down in Bid to Boost Freight Flow

3 Oct 2019

In a bid to expedite the movement of freight transport, all inspection checkpoints along main roads in the Savannakhét province have been dismantled....Read More

10.

INDIA: GST Revisions Likely to Impact on Business of Hong Kong Importers/Exporters

2 Oct 2019

The Goods and Service Tax (GST) on several products/services of relevance to Hong Kong suppliers and investors was revised as of 1 October....Read More

11.

INDIA: Government Stimulus Package Seeks to Reboot Slowing Economy

11 Sept 2019

A government-backed stimulus package is to be introduced as part of moves to tackle the country’s economic slowdown. Among the measures to be adopted, five are seen as having particular significance...Read More

12.

MYANMAR: Online Construction Permit System Set to Cut Processing Time by 50%

19 Aug 2019

The Yangon Building Permit System (YBPS), an online construction permit facility, is to be piloted among duly-accredited architects and construction engineers in Yangon, the country’s commercial capit...Read More

13.

INDIA: Consumer Protection Regime Revised and Extended

12 Aug 2019

In a bid to streamline the redressal of consumer grievances and the settlement of any disputes, a number of revisions to the country’s consumer protection regulations have been approved. Billed as the...Read More

14.

MALAYSIA: Construction Permit Approval Time Cut from 390 Days to 90

23 July 2019

The maximum time for a construction permit to be approved has been cut to 90 days, a considerable reduction from the somewhat lengthy 390-day limit that previously applied....Read More

15.

PHILIPPINES: Would-be Overseas Workers Obliged to Secure ‘No Objection’ Certificate

15 July 2019

Prior to applying for the required permits to work and reside in the country, would-be overseas employees now need to secure a No Objection Certificate (NOC) from the Department of Labor and Employmen...Read More

16.

INDIA: Mandatory Social Security Contributions Cut for Employers and Employees

12 July 2019

The mandatory combined employer/employee social security contribution is to be cut to 4% of a worker’s salary (from its current level of 6.5%) as of 1 July this year....Read More

17.

CAMBODIA: Hong Kong Signs Comprehensive Double Taxation Agreement with Cambodia

10 July 2019

Hong Kong has signed a comprehensive avoidance of Double Taxation Agreement (DTA) with Cambodia. Under the terms of the deal signed on 26 June, any tax paid in Cambodia by Hong Kong businesses will be...Read More

18.

LAOS: Electricity Charge Cut Announced in Bid to Boost Investments and Manufacturing Output

9 July 2019

Electricity charges for commercial and residential users are set to be cut across the country. According to the Lao government, the revised tariffs will not only provide a benefit for low-income users...Read More

19.

VIETNAM: Overseas E-Commerce Businesses Set to Become Income Tax-Liable

5 July 2019

Tax is to be payable on all of the country’s digital transactions from 1 July 2020. For the first time, this will see overseas companies in receipt of Vietnam-sourced online payments liable to pay inc...Read More

20.

THAILAND: Biodegradable Plastic Packaging Tax Incentives Adopted

17 June 2019

Businesses are now entitled to claim tax deductions of up to 1.25 times the amount they spend on biodegradable plastic packaging. This deduction may be claimed against all relevant expenses incurred b...Read More

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