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1.

PHILIPPINES: Zero Levies Re-instated for Approved FDI Imports

20 July 2018

FDI-backed businesses can once again import certain approved capital goods on a duty-free basis. The move sees the revival of an incentive scheme that originally expired in May this year, with eligibl...Read More

2.

PHILIPPINES: High-Sugar Content Drinks to Carry Mandatory Health Warnings

25 June 2018

The potential health risks of sugar-sweetened/energy drinks are to be highlighted on all relevant product labelling....Read More

3.

The Philippines: Market Profile

12 June 2018

The Philippines is one of the most dynamic economies in the East Asia and the Pacific region. The Philippines’ economic dynamism is rooted in strong consumer demand supported by improving real incomes...Read More

4.

PHILIPPINES: Tardy Civil Servants Face Prosecution for Delayed Business Licence Approval

1 June 2018

Government officials who fail to process business licence and permit applications within a specified timeframe may find themselves liable for prosecution under the terms of the recently-enacted Ease o...Read More

5.

Surge in Funding Boosts Philippines' Educational High-Tech Take-Up

16 May 2018

With 2017 alone seeing educational institutes across the Philippines enjoying a 25% increase in government funding, many of the country's schools and colleges are in the midst of an unprecedented and ...Read More

6.

BRI Backing Floods in to Boost Philippines' Water-Management Projects

10 May 2018

With Beijing-Manila ties at their most cordial, the Belt and Road Initiative is helping cement the countries' partnership....Read More

7.

The Hong Kong-ASEAN Free Trade Agreement: Capitalising on the New Opportunities

23 April 2018

The newly signed FTA and Investment Agreement between Hong Kong and ASEAN will open up new business opportunities for Hong Kong. This, together with the full investment protection offered to Hong Kong...Read More

8.

PHILIPPINES: Crackdown Initiated Against Illicitly-Employed Temporary Staff

9 April 2018

In a bid to crack down on the illicit use of sub-contracted temporary staff, many businesses in the Philippines are to be subjected to on-site inspections by the Department of Labour and Employment....Read More

9.

PHILIPPINES: 100% FDI Set to be Permitted in Construction Sector

27 Feb 2018

Foreign direct investment (FDI) of up to 100% is set to be permitted in the country's construction sector for the first time. The change will be facilitated by an amendment to the Foreign Investment N...Read More

10.

PHILIPPINES: All Field Audits and Ongoing Tax Investigations Suspended

7 Feb 2018

All ongoing cases of tax investigation in the Philippines have now been suspended, with the Bureau of Internal Revenue (BIR) withdrawing all mission orders (MOs) issued to tax officials for conducting...Read More

11.

PHILIPPINES: One-Stop Five-Day Processing Introduced for Construction Permits

22 Jan 2018

Local government bodies across the country are now obliged to process construction permit applications relating to specified project types within five working days....Read More

12.

PHILIPPINES: FDI Incentives Set to Be Curtailed in Bid to Bankroll Corporate Tax Cuts

18 Jan 2018

The country’s corporate income tax (CIT) rate may be subject to a two-step reduction process under a proposal currently being considered by the Philippine government....Read More

13.

Philippines on Track for US$24 Billion BRI Rail Development Funding

10 Jan 2018

Thawing China-Philippines relations sees Beijing sign up as backer for country's ambitious infrastructure makeover....Read More

14.

PHILIPPINES: Personal Tax Allowances Increased in 2018 alongside New Product Levies

19 Dec 2017

People earning up to a maximum of P250,000 (US$4,934) per annum in the Philippines will be exempted from paying personal income tax (PIT) from 1 January 2018....Read More

15.

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

16.

ASEAN Consumer Survey: Hong Kong Awareness and Enjoyment

7 Dec 2017

The rise of middle income consumers in ASEAN countries keeps fueling growth of spending on many lifestyle products and services, including travel and leisure, healthcare and fashion. In the survey con...Read More

17.

ASEAN Consumer Survey: E-Commerce Potential

5 Dec 2017

The ASEAN region is often considered a potential next ‘gold rush’ for e-commerce thanks to a growing middle class and rising internet penetration. A survey by HKTDC Research revealed that the ‘path to...Read More

18.

ASEAN Consumer Survey: Consumer Preferences

30 Nov 2017

The rise of middle-income consumers continues to fuel sales growth of many products and services in ASEAN markets, including travel and leisure activities, as well as healthcare and fashion products. ...Read More

19.

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

20.

ASEAN Consumer Survey: An Overview

28 Nov 2017

Hong Kong companies are increasingly eyeing the expanding middle class market in the ASEAN region in light of rising income and purchasing power. This fast-expanding middle class consumer market deman...Read More

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