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1.

CAMBODIA: China FTA Negotiations Set to Commence in Early December

22 Nov 2019

Negotiations for a Free Trade Agreement (FTA) between Cambodia and China are set to commence on 3 December in Beijing, according to a statement released via the Facebook page of the Chinese Embassy in...Read More

2.

SINGAPORE: Free Trade Agreement with European Union Now in Effect

21 Nov 2019

The EU-Singapore Free Trade Agreement (EUSFTA), came into effect on 21 November following its ratification by the European Council....Read More

3.

THAILAND: EV Charging and Electronics Investors Set for Enhanced Incentive Regime

19 Nov 2019

An expanded incentive scheme for investors looking to develop electric vehicle (EV) charging stations has been announced by Thailand’s Board of Investment (BOI)....Read More

4.

SAUDI ARABIA: New Franchise Law to Take Effect from April 2020

18 Nov 2019

The long-awaited Saudi Arabian Franchise Law is scheduled to take effect on 22 April 2020. The new law will regulate all franchises operating wholly or partly within the Kingdom of Saudi Arabia....Read More

5.

THAILAND: Tax Incentive Packages Extended to Five Additional Food Innovation Hubs

15 Nov 2019

Five further Food Innopolis sites across the country have been designated as Board of Investment (BOI) approved science and technology zones....Read More

6.

MYANMAR: Call Issued for Overseas Banks to Participate in New Licensing Round

14 Nov 2019

Overseas banks with existing representative offices in the country are to be invited to bid for new wholesale and retail operating licences....Read More

7.

ASIA: India Opts Out as 15 Asia-Pacific Nations Conclude Multilateral Free Trade Agreement

12 Nov 2019

Negotiations have been concluded between 15 Asia-Pacific countries with regard to a multilateral Free Trade Agreement (FTA)....Read More

8.

CAMBODIA: Online Certificate of Origin System Extended to Three Further Border Provinces

7 Nov 2019

The country’s online Certificate of Origin (CO) system has been extended to three more border provinces on a pilot basis – Koh Kong (which borders Thailand) and Takeo and Kampot (both of which border ...Read More

9.

VIETNAM: New Tranche of Anti-Dumping Duty Imposed on China and Korea Steel Imports

6 Nov 2019

The country has imposed anti-dumping duty (ADD) on colour-coated steel products imported from China and South Korea....Read More

10.

THAILAND: Loss of GSP Status Set to Hit US$1.3 Billion Worth of Exports to US

5 Nov 2019

Some US$1.3 billion worth of exports from the country – across 573 product categories – are set to lose their duty-free access to the US market as of 25 April 2020....Read More

11.

INDONESIA: Negotiations Concluded on South Korea Free Trade Agreement

4 Nov 2019

The country has successfully concluded negotiations with South Korea with regard to a Free Trade Agreement (FTA)....Read More

12.

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

13.

INDIA: Imported Solar Cells Prohibited from Use in Government Projects

31 Oct 2019

Only locally-produced solar photo-voltaic (PV) cells will be approved for use in government-sponsored solar energy projects, according to a recent affirmation by the country’s Ministry of New and Rene...Read More

14.

SINGAPORE: Updated China Free Trade Agreement Comes into Effect

30 Oct 2019

An updated Free Trade Agreement (FTA) between Singapore and China – the China-Singapore Free Trade Agreement (CSFTA) Upgrade Protocol – has now largely come into effect....Read More

15.

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

16.

MALAYSIA: Budget Marks End of Uniform National Statutory Minimum Monthly Wage

28 Oct 2019

As part of the 2020 Budget, the monthly minimum wage is set to increase from RM1,100 (US$263) to RM1,200 (US$286) for all employees in designated cities across the country as of January next year....Read More

17.

MALAYSIA: 2020 Budget Looks to Woo Overseas Investors and Incentivise Exporters

25 Oct 2019

In a bid to appeal to overseas businesses, a number of investment-related incentive measures have been incorporated into the country’s 2020 Budget....Read More

18.

VIETNAM: Import of Pre-owned IT Items Granted Conditional Approval

24 Oct 2019

Pre-owned information technology (IT) items can now be imported either for use in scientific R&D or if destined to be re-exported, according to newly-issued regulations....Read More

19.

INDONESIA: Government Mulls New SEZs and New Investor Incentives

23 Oct 2019

The government is to offer enhanced tax incentives schemes for overseas investors in the country’s Special Economic Zones (SEZs), while also looking to increase the overall number of such sites....Read More

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