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1.

BRUNEI: Duty Falls on ‘Essential’ Imports While Rising on Luxury Goods

21 March 2017

A range of amendments to import duty and excise tax rates across a variety of products are to be introduced from 1 April, including the replacement of the 20% import duty payable on automotive spare p...Read More

2.

PHILIPPINES: 2017-19 Investment Priorities Plan Targets Manufacturing and Regional Development

15 March 2017

A renewed focus on the manufacturing sector and a push towards shifting investments to rural areas are among the key elements of the government’s Investment Priorities Plan (IPP) for 2017-2019....Read More

3.

THAILAND: Overseas Investors Sought for US$11.6 Billion Aviation Upgrade

14 March 2017

Overseas companies will now be eligible to operate airport management services in Thailand as part of the government’s reform of the country’s aviation sector....Read More

4.

MYANMAR: Work Begins on Delayed Dawei Special Economic Zone Project

13 March 2017

Work is expected to commence on the delayed Dawei Special Economic Zone (DSEZ) project in south-eastern Myanmar. Initially mooted in 2008, the project has long been beset with financial difficulties....Read More

5.

BRUNEI: Manufacturing-Focussed FTZ Gets Official Green Light

13 March 2017

In a bid to attract more FDI into the oil-rich Sultanate, Brunei’s government has unveiled plans to develop a Free Trade Zone (FTZ) for the manufacturing sector....Read More

6.

MYANMAR: New Factory Sites Set to Be Released on Expanded Thilawa SEZ

1 March 2017

New factory sites are to be released within the Thilawa Special Economic Zone (SEZ) before the end of 2017. Set on the outskirts of Yangon, Myanmar’s commercial hub, the SEZ has already attracted more...Read More

7.

INDONESIA: End of Five-Year Renewals as Business Licences Are Made Permanent

23 Feb 2017

The validity of both Permanent Business Trading Licences (Surat Izin Usaha Perdagangan - SIUP) and Company Registration Certificates (Tanda Daftar Perusahaan - TDP) is to be extended indefinitely unde...Read More

8.

BANGLADESH: Overseas Workers Banned From Low-Skill Roles to Curb Outward Remittances

23 Feb 2017

In a move designed to stem the outflow of remittances, companies have been banned from employing low-skilled foreign workers in positions that could be filled by local employees in Bangladesh....Read More

9.

THAILAND: Raft of Incentives Introduced for Industrially-innovative FDI Projects

21 Feb 2017

Overseas investments deemed to boost the country’s industrial development are now free from corporate income tax liability for up to 15 Years....Read More

10.

INDIA: Purge of Outdated Commercial Vehicles Set to Boost Domestic Auto Industry

17 Feb 2017

Owners of commercial vehicles that are more than 15 years year old are to be incentivised to replace them with new ones....Read More

11.

Vietnam: Consumer Goods Imported into HCMC Will be Subject to Customs Reference Values

14 Feb 2017

Certain consumer goods imported into Ho Chi Minh City (HCMC), the country’s commercial hub, will now be subject to reference prices set by the customs department....Read More

12.

THAILAND: Gems and Jewellery Sector Bolstered by Tax Waiver and Duty Exemption Windfall

10 Feb 2017

Gems and jewellery businesses are now exempt from the payment of import duty and VAT on a range of raw materials, including unprocessed pearls, diamonds, gold and certain semi-finished products....Read More

13.

INDONESIA: Three-Hour Infrastructure Licence Processing Introduced for Investors in the Energy and Mineral Resources Sectors

10 Feb 2017

Overseas investors in the energy and mineral resources sectors will now be able to acquire infrastructure licences within three hours....Read More

14.

INDONESIA: Export-Oriented SMEs Now Exempt from Import Duty

8 Feb 2017

Export-oriented SMEs are now exempt from import duty payments on raw materials and other inputs. Under the terms of the newly-adopted Import Tax Waiver for Materials for Export Oriented Goods (KITE), ...Read More

15.

LAOS: Imported ICT Equipment Now Requires Legal-Compliance Sticker

8 Feb 2017

All Information and Communications Technology (ICT) equipment imported into Laos will now have to bear a sticker attesting to its safety, technical integrity and legally-imported status....Read More

16.

THAILAND: Business Approval Time Set to Be Cut to Just Four Days Following Launch of Online Registration System

3 Feb 2017

New business approvals are to be slashed from 10 days to just four as of May following the introduction of an online registration system....Read More

17.

VIETNAM: Boost for Support Industries Aims for 65% Reliance on Local Suppliers by 2025

3 Feb 2017

A VND890 billion (US$39.7 million) fund, dedicated to the research and development, technology transfer and production testing of components and materials, is foremost among six new initiatives introd...Read More

18.

THAILAND: Overseas Film Productions Set for 15-20% Cash Rebate on Local Spend

2 Feb 2017

Overseas film makers who film and produce in Thailand are now eligible for a 15% rebate on qualifying local spend. An additional 3% rebate is available to productions with a Thai cast, while a further...Read More

19.

INDIA: Electronics Manufacturers Set for Capital Expenditure Subsidy in Bid to Boost Domestic Production

2 Feb 2017

Electronics and components manufacturing firms are to be incentivised to boost domestic production. Under the terms of the newly-approved Modified Special Incentive Package Scheme (M-SIPS), a 20% subs...Read More

20.

LAOS: Investors Sought as Work Begins on the Luang Prabang SEZ

1 Feb 2017

Preliminary work on the US$1.2 billion Luang Prabang special economic zone (SEZ) has begun, with proposals from businesses interested in investing in the project already being solicited....Read More

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