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Thailand: Ari BTS becomes a hot spot

Neighbourhoods along mass-transit lines that offer easy access to the central business district of Bangkok have long been a priority for property developers, especially those specialising in condominiums. Along the BTS, the area north of Victory Monument offers a rich variety of residential neighbourhoods, government and business offices, schools and other facilities. One area that stands out […]

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Vietnam: New regulations to stop temporary import frauds

The Hanoitimes – The government recently issued a new merchandizing decree regulating the temporary import and re-export of goods in a move to protect legal interests of domestic producers against violation cases. Under Decree No. 69/2018/ND-CP, which details a number of articles of the Law on Foreign Trade Management, commodities that temporarily import to Vietnam for […]

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Philippines: Fraud lifts economic crimes to record high

MANILA, Philippines — Fraud cases in businesses nearly doubled in the last two years, pushing reported economic crimes in the country to its highest level, the latest bi-annual survey of PwC showed. The 2018 Global Economic Crime and Fraud Survey released yesterday showed over half, or 54 percent of Philippine organizations indicated that they have […]

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Indonesia sets 80% maximum foreign ownership in insurance firms

The government has issued Government Regulation No. 14/2018 on foreign ownership of insurance companies, setting a maximum foreign ownership of 80 percent. “This regulation is valid for both new and old companies,” said the Finance Ministry’s fiscal policy head Suahasil Nazara in Jakarta on Tuesday as reported by kompas.com. Suahasil explained that foreign insurance companies with […]

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