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1.

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

2.

LAOS: Laos Signs Deal to Operate Port Facilities in Neighbouring Vietnam

26 April 2017

Laos is to develop and operate the Vung Ang Port in neighbouring Vietnam. With no coastal access of its own, Laos has secured a 50-year deal to manage the facility, with an option to extend the arrang...Read More

3.

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

4.

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

5.

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

6.

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

7.

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

8.

THAILAND: 50% Cut in Corporate Tax Added to Incentives for Coastal Corridor Investors

10 April 2017

A 50% reduction in corporate income tax (CIT) over a five-year period is now on offer to investors in Thailand’s Eastern Economic Corridor (EEC), which straddles three coastal provinces ̶̶ Chachoengsa...Read More

9.

MALAYSIA: Statutory Bankruptcy Discharge and Higher Initiation Threshold Introduced

7 April 2017

Bankruptcy proceedings can now only be initiated against companies that owe RM50,000 (US$11,280) rather than the previous threshold of RM30,000 (US$6,768)....Read More

10.

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

11.

INDONESIA: Deadline for Tax Returns Extended to 21 April

5 April 2017

The 31 March deadline for filing of income tax returns has been extended to 21 April for individual tax payers. However, no additional time will be given with regard to payments, with any overdue taxe...Read More

12.

VIETNAM: New Industrial Park in Thai Nguyen Province Gets Official Greenlight

30 March 2017

The government has approved the setting up of infrastructure facilities for the Song Cong 2 Industrial Park (IP) in the city of Song Cong in the northern province of Thai Nguyen, some 80km from Hanoi....Read More

13.

MYANMAR: SEZ Licences for Overseas Insurance Companies Mark First Step Towards Liberalisation

29 March 2017

Overseas insurance companies can now apply for a licence to conduct business within the Thilawa Special Economic Zone (SEZ), the only such zone operational in the country....Read More

14.

THAILAND: Unused Land and Second Homes to be Taxed from January 2018

27 March 2017

Vacant and unused land in Thailand is to be taxed on an incremental basis from January 2018. Under the terms of incoming legislation, owners of such land will be required to pay a tax equal to 2% of i...Read More

15.

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

16.

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

17.

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

18.

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

19.

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

20.

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

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