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1.

MYANMAR: Unused Industrial Zone Land to Revert to Government After Six Months

18 May 2017

Ownership rights to unused industrial land are to revert to the government if they fail to become operational within a six-month period. The move follows concerns that such land in industrial zone sit...Read More

2.

INDONESIA: Carry-In Foreign Currency to be Capped at US$75,000

17 May 2017

Visitors to the country are to be restricted to bringing in a maximum of US$75,000 in foreign currency. The new limit, set by the country’s central bank, will apply as of 5 March 2018. At present, the...Read More

3.

VIETNAM: Seafood Set For Expedited Export Regime

17 May 2017

Compliance procedures for seafood exports are to be streamlined in response to concerns over the high costs and lengthy delays associated with current regulations on technical and food safety standard...Read More

4.

PHILIPPINES: Tax Incentives Mooted for Green Manufacturing Sector

16 May 2017

Energy-efficient investment projects in the manufacturing sector are to qualify for as yet unspecified tax incentives. The move, announced by the Philippines Board of Investment, will see clean energy...Read More

5.

PHILIPPINES: PPP Projects to be State-Built but Privately-Operated

12 May 2017

Upcoming public-private partnership (PPP) projects are to favour a hybrid model, with the Philippine government building the infrastructure, and private investors then operating and maintaining the fa...Read More

6.

BANGLADESH: Rapid One-Stop Investment Clearance System Promised Within Six Months

10 May 2017

Investment procedures are set to be streamlined with a new one-stop option allowing users to access 16 different ministerial / governmental services from a single website, which will be set to go onli...Read More

7.

MYANMAR: FDI in Proscribed Business Sectors Must Be Registered by March 2019

9 May 2017

Foreign investors with an existing interest in any of the recently-proscribed FDI sectors have until 29 March 2019 to notify the Myanmar Investment Commission (or any other relevant state or regional ...Read More

8.

MALAYSIA: Compulsory Transhipment Ended for Goods Bound for Sarawak, Sabah and Labuan

8 May 2017

Sea freight to and from the states of Sarawak, Sabah and the Federal Territory of Labuan will no longer be required to be transhipped at the Port of Klang....Read More

9.

LAOS: Delayed or Aborted Projects Face Land Rights Forfeiture

4 May 2017

Investors whose projects fail to meet official deadlines will be stripped of all concession rights relating to the proposed site of operations. The move comes amid concerns that such land may change h...Read More

10.

INDIA: Use of Monitoring Agencies Now Mandatory for Public Offerings in Excess of US$15.5 Million

4 May 2017

Appointing a monitoring agency is now mandatory for any public offering in India, where the total value of shares sold exceeds INR 1 billion (US$15.55 million)....Read More

11.

INDIA: Overseas-Sourced Mobile Phones to Face 5-10% Import Levy

2 May 2017

Customs duties of between 5 and 10% will be levied on imported mobile phones under a government proposal to abolish their duty-free status....Read More

12.

INDIA: Latitude and Longitude of Fixed Assets Now a Standard Mortgage Requirement

28 April 2017

Companies that use fixed assets as security for mortgages and loans in India are now obliged to specify their exact locations, including their precise latitude and longitude....Read More

13.

MYANMAR: Full Range of Investment Charges Unveiled

28 April 2017

The Myanmar Investment Commission has announced the fees payable for a range of investment-related services....Read More

14.

INDIA: Local Businesses Now Cleared to Merge into Overseas Companies

20 April 2017

Indian companies will now be permitted to merge into overseas businesses for the first time, following an amendment to the Companies Act (2013) on 13 April....Read More

15.

PHILIPPINES: State-owned SEZ Sector Set to Soar on Re-purposed Farm land

19 April 2017

The development of Special Economic Zones (SEZs) is to be exempt from a proposed two-year moratorium on the re-purposing of farmland for non-agricultural use....Read More

16.

LAOS: New Tax Incentives Unveiled for Designated Projects in Undeveloped Regions

18 April 2017

Extended tax incentives are now on offer for FDI projects operating in the less-developed regions of the country. In particular, projects in the agriculture and healthcare sectors will qualify for pro...Read More

17.

VIETNAM: Hanoi Authorities Issue US$3 Billion FDI Call to Fund Infrastructure Programme

18 April 2017

Hanoi’s municipal government has issued a call for US$3 billion in FDI as it looks to embark on an ambitious programme of large-scale urban infrastructure development, most notably on a scheme to impr...Read More

18.

LAOS: Greater Transparency Promised for Streamlined SEZ Investment Procedures

12 April 2017

Procedures for investing in the country’s 12 Special Economic Zones (SEZs) are set to be streamlined and made more transparent in a bid to both boost the confidence of would-be investors and to reduce...Read More

19.

MYANMAR: Government Issues List of Approved and Proscribed FDI Sectors

12 April 2017

An official list of business sectors suitable for foreign investment, as well as a list of those sectors where such investment is proscribed, has just been issued by the Myanmar Investment Commission ...Read More

20.

INDONESIA: Private Sector Financing Sought for National Infrastructure Projects

5 April 2017

The government is looking to stimulate private infrastructure financing through its Government and Business Entity Cooperation (KPBU) initiative ˗ its Public-Private Partnership (PPP) scheme ˗ and its...Read More

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