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1.

VIETNAM: Clarification Issued with Regard to Use of “Made in Vietnam” Designation

9 Aug 2019

In a bid to ensure the “Made in Vietnam” citation is correctly deployed, the Ministry of Industry and Trade (MOIT) has issued a circular specifying the criteria for determining whether goods have been...Read More

2.

MYANMAR: Trading on Stock Exchange Opened-Up to Non-Locals

2 Aug 2019

Foreign nationals and overseas entities – including locally-registered wholly foreign-owned enterprises as well as joint-ventures with local businesses – are to be permitted to buy shares on the Yango...Read More

3.

MYANMAR: In-Depth Proposals Now Mandatory for Prospective Investors

1 Aug 2019

As of 1 August, this year, prospective investors will be required to supply more information when submitting proposals. In line with this, the Ministry of Investment and Foreign Economic Relations has...Read More

4.

PHILIPPINES: State Moves to Support Start-Ups and Provide Easier Access for Overseas Investors

26 July 2019

In a bid to promote innovation among its micro, small and medium enterprises (MSMEs), as well as to ease the entry of foreign investors into the country’s emerging start-up sector, the Innovative Star...Read More

5.

BANGLADESH: GSP Exporters Now Obliged to Self-Issue Certificates of Origin

25 July 2019

Companies exporting to the EU, Switzerland or Norway under their respective Generalised System of Preferences (GSP) programmes are to be obliged to self-issue Certificates of Origin (COO) for their pr...Read More

6.

BANGLADESH: Import/Export Licence Approval and Renewal System Now Online

24 July 2019

Exporters and importers can now apply for and renew the required permits online. This follows the launch of the Online Licencing Module (OLM) by the Ministry of Commerce, a system designed to fast-tra...Read More

7.

INDIA: Budget Cuts Duty on Electric Vehicle Parts and Increases Levy on Precious Metals

22 July 2019

In a bid to promote the manufacture of electric vehicles in the country, the government has announced exemptions from the 10% Basics Customs Duty (BCD) for certain imported components, including e-dri...Read More

8.

INDIA: Budget Approves 100% FDI for Insurance Intermediaries

19 July 2019

Overseas ownership of insurance intermediaries active in the country has now been given the go-ahead. This entitlement will extend to insurance agents and brokers, corporate agents, third-party admini...Read More

9.

CAMBODIA: Trade Portal Set to Streamline Export Procedures and Curb Corruption

18 July 2019

With the country’s National Single Window (NSW) system now up and running, it is expected that traders will benefit from streamlined customs clearance procedures, including the facility to submit impo...Read More

10.

LAOS: Legal Framework for Future Anti-Dumping Measures Officially Adopted

17 July 2019

A legal framework has been adopted, which, for the first time, will facilitate any future imposition of anti-dumping/countervailing measures on imported products....Read More

11.

LAOS: Overseas Exporters Freed from Need to Secure Domestic Business Licence

16 July 2019

Overseas exporters are no longer required to register locally or obtain a domestic business licence prior to supplying goods to the country....Read More

12.

VIETNAM: Free Trade Agreement Signed with the European Union

11 July 2019

Vietnam has now formally signed a Free Trade Agreement (FTA) and an Investment Protection Agreement (IPA) with the European Union (EU)....Read More

13.

INDONESIA: Luxury Property Sales Tax Cut in Bid to Jumpstart Real Estate Sector

8 July 2019

The tax on the sale or transfer of luxury property priced at Rupiah 30 billion (US$2.1 million) or more has been cut on 19 June 2019 from 5% to 1%....Read More

14.

PHILIPPINES: Manila Economic Zones Put on Hold as Regional Development Gets Priority

4 July 2019

In a bid to drive the development of the Special Economic Zones in the country’s outlying regions, no further applications to establish such zones within the central Metro Manila region are to be acce...Read More

15.

BANGLADESH: New IP Rules Ban Export and Import of Counterfeit Goods

20 June 2019

Bangladeshi customs authorities will prevent the import or export of goods suspected of Intellectual Property (IP) rights infringement once a new regulation comes into force. Customs officials will be...Read More

16.

MYANMAR: Overseas Businesses Approved to Enter Food Export Sector

19 June 2019

Overseas investors in the country can now open wholly foreign-owned companies or form joint ventures with local companies for the purpose of exporting goods across seven product categories - rice (inc...Read More

17.

BANGLADESH: Budget Raises Smartphone Import Duty and Extends Tax Holiday Scheme

18 June 2019

The customs duty on imported smartphones is to be raised from 10% to 25%. This revision forma part of the 2019 budget review and will come into effect on 1 July, the first day of the country’s new fin...Read More

18.

SINGAPORE: Import and Sale of Trans Fat Products Banned from June 2021

12 June 2019

As of June 2021, it will be prohibited to import or sell foodstuffs containing partially hydrogenated oils (PHOs). Along with the import ban, local food suppliers will be legally required to ensure th...Read More

19.

VIETNAM: Anti-Dumping Duty Imposed for 120 Days on China-Sourced Aluminium Imports

11 June 2019

Certain aluminium imports of China origin are to be subjected to anti-dumping duty (ADD), albeit for a temporary period. The measure, which came into effect on 5 June, will apply to aluminium extrusio...Read More

20.

INDIA: New Policy Document Set to Consolidate All Export Regulations

30 May 2019

The Commerce Ministry has entered a period of public consultation with regard to the latest draft of its Export Policy. Although containing no significant changes to the country’s export regulations, ...Read More

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