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1.

VIETNAM: US$100 Million Worth of Projects Scrapped in Vung Ang Economic Zone

12 Sept 2018

The government has stepped in and cancelled the licences for six long-delayed investment projects in the Vung Ang Economic Zone....Read More

2.

INDONESIA: 1,147 Imported Consumer Products Targeted for Price Hike

11 Sept 2018

Tariffs are to be increased by up to 7.5% for some 1,147 imported consumer goods that are seen as either non-essentials or that have domestically-produced equivalents....Read More

3.

MALAYSIA: New National Minimum Wage Set for January 2019 Introduction

10 Sept 2018

The current regional minimum wage variations are to be superseded by a uniform national rate as of 1 January 2019....Read More

4.

UAE: Abu Dhabi Global Market Cuts Annual Fees to Incentivise Start-ups

7 Sept 2018

Start-ups looking to operate out of the capital’s Abu Dhabi Global Market, a federal government-supported international financial free zone, are now only required to pay a reduced annual fee of AED2,5...Read More

5.

THAILAND: Withholding Tax on Fixed Income Funds Raised to 15%

5 Sept 2018

The withholding tax (WHT) on gains from investment in fixed income funds has been increased from 10% to 15%....Read More

6.

MALAYSIA: Would-be Overseas Buyers Banned from Johor Luxury Apartment Purchases

4 Sept 2018

In a move that has rocked property developers across the country, the government has issued a ban on non-Malaysians purchasing residential units in Forest City, a luxury new build FDI-backed complex i...Read More

7.

CAMBODIA: Fortnightly Salary Payments Mandatory From 2019

3 Sept 2018

As of 2019, all employee will be paid on a fortnightly basis, regardless of whether they work in the private or the public sectors....Read More

8.

MYANMAR: Overseas-Owned Insurance Companies Set for Nationwide Trading Approval

31 Aug 2018

The country’s insurance sector is to be opened up to foreign direct investment (FDI), with overseas companies allowed to sell their products, including life and general insurance, to the general popul...Read More

9.

VIETNAM: Online Customs Management System Adopted at Three HCMC Ports

30 Aug 2018

The country’s automated customs management system is now in place at three additional Ho Chi Minh City (HCMC) ports – the Saigon Premier Container Terminal, Tan Thuan and Tan Cang-Cat Lai....Read More

10.

PHILIPPINES: Tagbilaran Launches Online Tax and Business Permit Payment System

29 Aug 2018

The Tagibilaran local government has launched a new online facility for the payment of business permit fees and taxes....Read More

11.

INDIA: Duty-Free Capital Goods Imports Set to Replace Export Subsidies

28 Aug 2018

According to local media reports, plans are in place to permit the duty-free import of capital goods. The move is intended to counter any fallout from the planned withdrawal of several of the export i...Read More

12.

LAOS: Proposed Overseas Trader Export-Import Guidelines Up for Public Consultation

27 Aug 2018

Proposed guidelines for overseas traders interested in conducting export/import-related business have been circulated by the Ministry of Industry and Commerce....Read More

13.

VIETNAM: Customs Surety Bond Set to Fast Track Import-Export Clearance

24 Aug 2018

A surety bond scheme is to be introduced in a bid to reduce customs clearance time for imports and exports....Read More

14.

THAILAND: SEZ Partnership with ASEAN Neighbours Seen as Way to Duck EU Import Tariffs

23 Aug 2018

The country has announced plans to scrap its domestic Special Economic Zone (SEZ) programme in favour of jointly developing such facilities beyond its borders with its less-developed neighbours – most...Read More

15.

MYANMAR: Education FDI Guidelines Issued by Investment Directorate

22 Aug 2018

New guidelines for overseas investors interested in opportunities in the country’s educational sector have been issued by the Directorate of Investment and Company Administration (DICA)....Read More

16.

LAOS: Local Language Product Labelling Set to be Strictly Enforced

21 Aug 2018

All on-sale consumer goods must now carry product information in the local language. Although this first became a legal requirement in December 2015, it is only now that the Ministry of Industry and C...Read More

17.

INDONESIA: Current Account Deficit Sees Import Levy Hiked and Infrastructure Work Suspended

20 Aug 2018

Import taxes are set to be increased by 7.5% for some 500 categories of consumer products, including many that are typically purchased via cross-border e-commerce....Read More

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