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1.

VIETNAM: Government Urges Social Media Advertising Boycott in Bid to Purge Dissident Content

23 March 2017

The government has called for a boycott of social media advertisement until such platforms are free of any or all anti-government content. Already several multinational companies with operations in Vi...Read More

2.

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

3.

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

4.

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

5.

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

6.

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

7.

VIETNAM: 40 FDI Projects Lose Licence Over Excessive Delays and Lack of Progress

10 March 2017

The investment permits for 40 FDI Projects have been cancelled. All of the projects were based in the southern Dong Nai province, not far from Ho Chi Minh City, and all had either been abandoned or su...Read More

8.

VIETNAM: 20% Cap on Lending Rates Set to be Abolished

6 March 2017

The 20% cap on lending rates for banks and other credit agencies in Vietnam is to be abolished as of 15 March. In line with a directive from the country’s central bank, lenders will now be free to agr...Read More

9.

CAMBODIA: Two-Year Corporate Tax Exemption on Offer to SMEs that Opt to Go Legit

1 March 2017

SMEs that voluntarily register with Cambodia’s General Department of Taxation (GDT) before the end of 2018 are to be exempt from Corporate Income Tax (CIT) for two consecutive years....Read More

10.

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

11.

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

12.

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

13.

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

14.

INDONESIA: SMEs and Professionals Targetted During Closing Weeks of Tax Amnesty

14 Feb 2017

With its nine-month tax amnesty set to end on 31 March, the Indonesian government is focussing on SMEs and professional individuals over the closing weeks of the initiative....Read More

15.

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

16.

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

17.

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

18.

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

19.

MYANMAR: Jail Threat to Resident Foreigners Absent from Registered Address for 24 Hours or More

7 Feb 2017

Resident foreigners will need to seek prior approval from their local immigration office prior to taking any trip within the country that sees them absent from their registered address for 24 hours or...Read More

20.

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

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