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1.

INDONESIA: Import Tariffs Mooted for All Consumer Products Bought Through E Commerce Channels

13 Dec 2017

Import taxes are proposed to be imposed upon entry into Indonesia of all shipments of consumer products ordered through e-commerce platforms, with no date as yet announced for the implementation....Read More

2.

VIETNAM: Three Month Trial Begins on One-Stop Online Tax System

13 Dec 2017

A one-stop Electronic Tax (eTax) system is currently undergoing a three-month pilot programme in two of the country’s northern provinces – Bac Ninh and Phu Tho....Read More

3.

PHILIPPINES: New Portal Offers Online Business Verification and Streamlined Registration

11 Dec 2017

The recent launch of the publicly-accessible Philippines Business Data Bank (PBDB), an online register of the country’s formally-established businesses, allows an instant authentication – or not – of ...Read More

4.

THAILAND: Daily Minimum Wage Set to Increase by Up To 5%

7 Dec 2017

Thailand’s Baht 300 (US$9.2) daily minimum wage is set to increase by up to 5%. The wage increase is to be implemented by 1 January 2018, following an expected formal endorsement by the Thai Labour Mi...Read More

5.

THAILAND: All E-Commerce Transactions Involving Overseas Retailers to be Subject to 7% VAT

7 Dec 2017

All e-commerce transactions in Thailand, including those made from overseas retailers, are set to be subject to 7% VAT....Read More

6.

VIETNAM: New Dawn Promised for Market-Driven Investment Planning

5 Dec 2017

A new market-driven investment planning environment, specifically designed to be more welcoming to overseas investors, is said to be the aim of Vietnam’s recently-adopted Law on Planning....Read More

7.

MYANMAR: Foreign Investors Allowed 35% Stake in Local Businesses Without Prior State Approval

4 Dec 2017

Foreign investors will be allowed to take up to a 35% stake in a Myanmar-registered business without prior government approval under the terms of the country’s new Companies Law....Read More

8.

VIETNAM: Ho Chi Minh City Granted Investment Autonomy by Central Government

30 Nov 2017

As of 1 January 2018, the local government in Ho Chi Minh City (HCMC) will be free to make most of the policy decisions relating to investment, land management and public spending without securing pri...Read More

9.

LAOS: Monthly Minimum Wage Set to Increase to US$142

28 Nov 2017

The monthly minimum wage in Laos is set to increase from Kip900,000 (US$107) to Kip1,200,000 (US$142), with the increase expected to be implemented following the formal endorsement by the Laotian Prim...Read More

10.

CAMBODIA: Online Tax Payment System Set to Boost Revenue and Curb Corruption

28 Nov 2017

Companies and individuals are now able to clear all of their tax liabilities courtesy of a new electronic payment system. Operating under the auspices of the General Department of Taxation (GDT), the ...Read More

11.

PHILIPPINES: Overseas Investment Restrictions Set to be Eased in Regulatory Shake-up

28 Nov 2017

Expectations are high that a number of the current restrictions on overseas-sourced investment are set to be lifted. This speculation has been sparked by news that Rodrigo Duterte, the Philippine Pres...Read More

12.

CAMBODIA: Online Certificate of Origin Issuance System Piloted Prior to 2018 National Rollout

28 Nov 2017

Cambodia’s first online system for issuing Certificates of Origin (CO) is being piloted in the provinces of Battambang and Pailin, both located on the country’s border with Thailand....Read More

13.

THAILAND: Enhanced Incentives and Extended Deadlines on Offer to Priority Project Investors

28 Nov 2017

The deadline for applying for the tax incentives on offer to would-be investors in the Eastern Economic Corridor (EEC) has been extended until 30 December 2019....Read More

14.

MYANMAR: Temporary Moratorium Imposed on All New Timber-based Investment Projects

27 Nov 2017

A temporary moratorium has been imposed by the Myanmar Investment Commission (MIC) on all new investment projects in the country’s timber-based business sector. However, the MIC will continue to allow...Read More

15.

MALAYSIA: Enforced Hiatus Leaves High-Value Property Projects in Development Limbo

23 Nov 2017

A temporary moratorium has been imposed on all real estate projects with individual units valued at more than RM1 million (US$238,479). This enforced hiatus - and its unspecified duration - has left a...Read More

16.

MYANMAR: Ayeyarwady Manufacturing-Focussed Industrial Zone Set for 2020 Launch

22 Nov 2017

A new manufacturing-oriented Industrial Zone (IZ) is to be established in Ayeyarwady, one of Myanmar’s most populous regions and some 100km to the west of Yangon, the national capital....Read More

17.

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

18.

VIETNAM: Tax Office Calls for All E-commerce Payments to be Made Via State-run Channels

16 Nov 2017

Under proposed moves, all future cross-border e-commerce transactions may have to be electronically cleared and settled through the National Payment Corporation of Vietnam, the State Bank of Vietnam’s...Read More

19.

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

20.

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

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