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1.

VIETNAM: Value of FDI Contribution to be Key to Determining Investor Visa Duration

13 Dec 2019

The value of the capital contribution made to an FDI project in Vietnam is to become the primary factor in determining the duration of the associated investor visas....Read More

2.

CAMBODIA: 12-Month FTA Feasibility Study Initiated with South Korea

12 Dec 2019

The country is to jointly participate with South Korea on a feasibility study into a potential Free Trade Agreement (FTA)....Read More

3.

PHILIPPINES: South Korea Free Trade Agreement on Course to be Concluded by Mid-2020

11 Dec 2019

A progress report – the Early Achievement Package (EAP) – has been issued as an update on the country’s ongoing negotiations with South Korea with regard to a mooted Free Trade Agreement (FTA)....Read More

4.

VIETNAM: New Labour Law Expands Workers’ Rights and Raises Statutory Retirement Age

9 Dec 2019

Workers will be able to join an independent trade union of their own choosing, rather than being obliged to sign-up to the state-run Vietnam General Confederation of Labour, once the country’s newly-a...Read More

5.

VIETNAM: New Minimum Monthly Wages for 2020 Announced

27 Nov 2019

The country’s minimum monthly wage is set to increase by US$6.5-10 (depending on region) as of 1 January next year...Read More

6.

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

7.

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

8.

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

9.

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

10.

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

11.

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

12.

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

13.

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

14.

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

15.

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

16.

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

17.

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

18.

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

19.

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

20.

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

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