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PHILIPPINES: 300 New SEZs Promised for 2018 Amid Concerns Over Official Delays

17 Nov 2017

Some 300 new Special Economic Zones (SEZs) are to be established during the course of 2018, according to the Philippine Economic Zone Authority (PEZA), including two large SEZs in the two provinces of...Read More


LAOS: Overseas Investors Freed from Minimum Registered Capital Requirement

15 Nov 2017

Overseas investors are no longer required to have a minimum registered capital of Kip 1 billion (US$118,000) when looking to launch a new business in the majority of commercial sectors....Read More


CAMBODIA: Mandatory Export Tax Set to be Phased Out in 2018

15 Nov 2017

The country’s export tax is set to be abolished in 2019, according to an early draft of the government’s 2018 budget proposals. Officially referred to as the Export Management Fee (EMF) and overseen b...Read More


INDIA: New Wave of Incentives Target Maharashtra SEZ Investors

13 Nov 2017

Stamp duty and registration fee exemptions are now on offer to developers, promoters and businesses associated with any of the Special Economic Zones (SEZs) in Maharashtra, one of the states in the we...Read More


LAOS: Investment Licences set to be Cancelled as Government Cracks Down on Systemic Abuse

10 Nov 2017

Investment projects that fail to comply with internationally-recognised technical standards may have their permits rescinded as part of a government crackdown on abuses of the country’s existing inves...Read More


MALAYSIA: 2018 Budget Focuses on Investment Incentives and Income Tax Cuts

2 Nov 2017

The minimum level of venture capital investment in a start-up business is to be cut from 70% to 50% for the period 2018-2022. The change is one of a number detailed under the terms of the country’s 20...Read More


UAE: Locally-Registered Companies Set to be Opened Up to 100% Overseas Ownership

2 Nov 2017

As of early 2018, overseas investors are to be permitted to wholly own UAE-registered companies operating in certain sectors. At present, at least 51% of every UAE-registered business has to be owned ...Read More


SAUDI ARABIA: Overseas Investors Granted Access to NOMU and Future IPOs

2 Nov 2017

Non-resident foreign investors are to be allowed to buy and sell shares listed on NOMU, the country’s secondary market. This move, which comes into effect as of 1 January 2018, is seen as offering suc...Read More


INDONESIA: Development Projects Set to Receive Private, State and Overseas Aid Funding

27 Oct 2017

The government has announced plans to combine private capital and state funds with Official Development Assistance (ODA) from overseas donor countries in order to finance a number of development-relat...Read More


PHILIPPINES: Foreign Exchange Procedures Set to be Streamlined by Year End

27 Oct 2017

Companies and banks will no longer need to register and seek official permission when conducting foreign exchange (forex) transactions. The change has been championed by the Bangko Sentral ng Pilipina...Read More


VIETNAM: New Upper Limits Announced for Textile Formaldehyde and Aromatic Amines

26 Oct 2017

New maximum formaldehyde and aromatic amines levels have been announced for all textile products sold in Vietnam. According to recently released Ministry of Industry and Trade (MOIT) guidelines, the a...Read More


INDIA: Government Moves to Ban Sale of Imported Duty-Free Gold on Domestic Market

20 Oct 2017

Following reports that a number of the country’s highest profile gold importers – those accorded four or five-star ratings and thus entitled to self-certify goods as originating from within India – ha...Read More


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


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


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


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


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


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


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


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

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