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1.

SINGAPORE: Digital Trade Agreement Concluded with Chile and New Zealand

24 Jan 2020

The country has concluded negotiations relating to a Digital Economy Partnership Agreement (DEPA) with both Chile and New Zealand....Read More

2.

PHILIPPINES: New Moves Made to Streamline Business Establishment Procedures

22 Jan 2020

Commercial entities located in Central Business Districts (CBDs) or city shopping malls will no longer be required to secure locational clearance prior to registering for a licence or renewing one....Read More

3.

MYANMAR: Anti-Corruption Move Sees Investment Procedures Set to be Digitalised

17 Jan 2020

In a bid to streamline the country’s business processes, while mitigating the risk of corruption and irregular payments to state officials, the country’s Directorate of Investment and Company Administ...Read More

4.

LAOS: Auto-Part Import Procedures Streamlined

16 Jan 2020

Permits are no longer required for the import of automotive parts for use in domestic manufacture and assembly....Read More

5.

SINGAPORE: Revised and Extended New Zealand Free Trade Agreement Comes into Effect

15 Jan 2020

The Agreement between New Zealand and Singapore on a Closer Economic Partnership (ANZSCEP) – an update to the existing Free Trade Agreement between the two countries – has now come into effect....Read More

6.

MALAYSIA: Draft Licensing Framework for Digital Banks Issued

14 Jan 2020

Bank Negara Malaysia (BNM), the country’s central bank, has issued a draft proposal relating to the issue of digital banking licences – the Exposure Draft on Licensing Framework for Digital Banks....Read More

7.

INDONESIA: Maximum Daily Duty-Free E-Commerce Import Entitlement Cut to US$3

13 Jan 2020

The total permitted daily duty free per allowance for e-commerce imports was reduced to US$3 (from $75) as of 1 January this year....Read More

8.

MALAYSIA: List of Locations for Implementation of Higher Monthly Minimum Wage Released

10 Jan 2020

The country’s Ministry of Human Resources (MOHR) has released a list of the 57 locations where the previously announced RM1,200 (US$286) monthly minimum wage has been mandatory since 1 January this ye...Read More

9.

MALAYSIA: Mandatory Anti-Corruption Measures Introduced for Publicly-Listed Companies

9 Jan 2020

As of 1 June 2020, all companies listed on the Main Market and the ACE Market of Bursa Malaysia, the country’s stock exchange, as well as their subsidiaries, are to be obliged to establish the anti-co...Read More

10.

THAILAND: Enhanced Incentives Announced for FDI Projects in Eastern Economic Corridor Provinces

8 Jan 2020

All FDI-backed projects located in Thailand’s eastern coastal provinces of Chachoengsao, Chonburi and Rayong, which geographically make up the Eastern Economic Corridor (EEC), are to now become eligib...Read More

11.

PHILIPPINES: One-Stop Business Registration Services Access Facility Set for 2020 Launch

7 Jan 2020

A one-stop facility for the registration of new businesses in the Philippines is to be launched in early 2020. The service, when implemented, will allow applicants to submit documentation and complete...Read More

12.

VIETNAM: Government Launches E-Commerce Monitoring and Reporting Websites

6 Jan 2020

The Ministry of Industry and Trade (MOIT) has launched separate websites designed to help tackle two common e-commerce-related concerns – illicit and suspect transactions and unsatisfactory purchase d...Read More

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