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1.

THAILAND: EEC Eligibility Criteria Announced for Overseas Educational Institutes

19 Oct 2017

Overseas educational institutions looking to operate in Thailand’s Eastern Economic Corridor (EEC) must be ranked among the top 100 of all such organisations as evaluated by Quacquarelli Symonds, Time...Read More

2.

INDONESIA: New Toy Cluster Mooted in Low-cost Kendal Region

19 Oct 2017

A new toy-focussed industrial cluster is set to be established in the Kendal region of the country’s Central Java province. With a 10-hectare site earmarked for the project, the cluster is being joint...Read More

3.

INDONESIA: One-Stop Online Halal Certification Service Set for 2018 Launch

17 Oct 2017

Online halal certification will be on offer to producers of foodstuffs, pharmaceuticals and cosmetics following the early 2018 launch of a one-stop government-backed service portal....Read More

4.

CAMBODIA: Anti-Dumping Legislation Paves Way for Official Punitive Measures against Transgressing Companies

17 Oct 2017

New anti-dumping legislation has been approved by Cambodia’s National Assembly in a bid to help domestic manufacturers compete with growing levels of imported goods, many of which are reported to be s...Read More

5.

MYANMAR: Collateral Requirement Waived to Ease Access to Credit for SMEs

16 Oct 2017

Local banks in Myanmar will now be allowed to offer loans without the need for their potential borrowers to first pledge their assets as collateral....Read More

6.

THAILAND: Maximum Clearance Time Cut to 30 Days in Customs Law Shakeup

16 Oct 2017

The maximum time for Thai customs to approve the export / import of goods is to be cut from 90 days to just 30 days under the terms of the incoming Thai Customs Law....Read More

7.

VIETNAM: Online Platform Looks to Promote Emerging Start-Up Ecosystem

13 Oct 2017

In a bid to nurture Vietnam’s emerging start-up ecosystem, Hanoi’s municipal government has launched an online portal dedicated to meeting the needs of the country’s new science and technology busines...Read More

8.

MYANMAR: Imported Automotive Parts Subject to Immediate Tax Hike

12 Oct 2017

The import tax on a range of automotive parts is to be raised with immediate effect. Among the components affected are parts for commercial vehicles, including trucks, buses and vans with more than ni...Read More

9.

PHILIPPINES: Overseas Capital Requirement Cut to US$200,000 for Retail Start-ups

11 Oct 2017

The minimum paid-up capital required for an overseas company to establish a retail business in the Philippines is to be lowered from US$2.5 million to US$200,000 under a proposed amendment to the coun...Read More

10.

MYANMAR: Country’s First Socio-Economic Atlas Available for Free Download

11 Oct 2017

A free-to-download Socio-Economic Atlas of Myanmar has been jointly-produced by the country’s Directorate of Investment and Company Administration (DICA) and the German Corporation for International C...Read More

11.

INDONESIA: Domestic and Overseas E-Commerce Transactions Set for New Tax

10 Oct 2017

All of the country’s e-commerce transactions, including those conducted via overseas digital service providers, are set to be taxed under new Finance Ministry regulations....Read More

12.

INDIA: GST Rate Cut to 12% for Man-Made Yarn

10 Oct 2017

The tax rate under the terms of India’s newly introduced Goods and Services Tax has now been cut to 12% for select man-made or synthetic yarn....Read More

13.

BANGLADESH: Single Window Online Customs Clearance Service Set for Final Approval

10 Oct 2017

Import and export procedures in Bangladesh are set to be streamlined following the looming introduction of a one-stop online trade portal....Read More

14.

CAMBODIA: Monthly Minimum Wage in the Garment Sector to Increase to US$170 from 1 January 2018

9 Oct 2017

The monthly minimum wage in Cambodia’s garment and footwear sectors will increase from US$153 to US$170 as of 1 January 2018....Read More

15.

VIETNAM: Online Work Permit Approval System Introduced for Foreign Employees

6 Oct 2017

Work permits for overseas workers can now be directly applied via http://dvc.vieclamvietnam.gov.vn/. All such online applications should be submitted at least 20 days prior to the overseas worker’s du...Read More

16.

MYANMAR: Online Guide Sets Out to Detail Local Labour Legislation

3 Oct 2017

The ILO Guide to Myanmar Labour Law 2017, newly-available from the International Labour Organisation (ILO), sets out to provide a comprehensive outline of the country’s employment regulations....Read More

17.

THAILAND: Tax to be Levied on All E-Commerce Transactions Deemed to be Within Thai Jurisdiction

3 Oct 2017

All digital transactions deemed to have been conducted within Thai jurisdiction are set to become taxable under a proposed amendment to the country’s e-Transactions Law....Read More

18.

LAOS: Licences Now Mandatory for Import / Export of Ozone-Depleting Substances

3 Oct 2017

All businesses involved in the export / import of Ozone-Depleting Substances (ODS) or products containing ODS must now secure a licence prior to trading, transporting or distributing such items in Lao...Read More

19.

VIETNAM: Franchise Registration Set to be Abolished as Government Cuts 675 Investment Requirements

28 Sept 2017

Overseas companies will no longer be required to register their franchising operations with Vietnam’s Ministry of Industry and Trade (MOIT) prior to granting franchising rights to Vietnamese franchise...Read More

20.

INDIA: Company Subsidiaries Capped at Two Layers to Crack Down on Illicit Fund Flow

28 Sept 2017

A company incorporated in India will now be permitted to hold not more than two layers of subsidiaries. While the regulation will apply to all companies registered in India on or after 20 September 20...Read More

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