Starting from March 2018, more than 3000 items will be included in the Export Negative List, implying that export licenses must be applied for them before they are exported, according to the Ministry of Commerce (MOC). The MOC’s notification (9/2018) will come into effect starting March 1, 2018. Its objective is to maintain food security […]
Read MoreMANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is ramping up efforts to transform idle lands into special economic zones that are expected to drive economic development in communities. “Our target is at least two ecozone per municipality or city nationwide. So we are going around inviting local government units (LGUs) and landowners, including […]
Read MoreThe government has allowed foreign investors to bid for mining concessions with a total area of more than 500 hectares, while smaller areas will be prioritized for regional administration-owned enterprises (BUMD) operating in their regions. The Energy and Mineral Resources Ministry recently issued Regulation No. 11/2018 through which it introduced detailed stipulations regarding the auction of […]
Read MoreOver 2,000 Honda cars from Thailand — the first batches of cars to enjoy zero percent import duty under the ASEAN Free Trade Agreement (AFTA) — have been imported to Vietnam. Under the AFTA commitments, a zero percent tax is applicable to cars imported from the bloc, with a localisation rate of 40 percent or […]
Read MoreMANILA, Philippines — The Philippines is the best country to invest in in 2018, according to a survey of more than 6,000 business decision makers, as it is expected to continue receiving foreign direct investments from powerhouse countries in the region such as China. According to the US News & World Report, the Philippines has […]
Read MoreKUALA LUMPUR: Malaysia is the only beneficiary of foreign inflow among seven Asian exchanges last week, according to MIDF Research. The research house said the foreign tide into Bursa continues for the third consecutive week, albeit at a slightly slower pace. “Based on preliminary data from Bursa which excluded off market deals, the net amount […]
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Thailand
