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Cambodia: Kingdom set to be a gold producer

Cambodia will soon join the roster of gold producing countries after the government announced the commencement of commercial gold mining operations in the Okvau area in southwestern Mondulkiri province’s Keo Seima district from June 21. Prime Minister Hun Sen on June 10 announced that after 14 years of exploration and research by Australian miner Renaissance […]

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Thailand: Cars face barriers in Vietnam

Car exports to Vietnam can expect to face non-tariff barriers after the country, the biggest importer within Asean of pickups and passenger cars from Thailand, prepares to enforce the new Euro 5 emission standard from Jan 1 next year. Manufacturers that cannot adjust to the stricter environmental standard stand to lose sales. The automotive club […]

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Cambodia: Online CO system up for ASEAN-, HK-bound goods

The Ministry of Commerce has launched an online automated system to apply for Form AHK, or certificates of origin (CO) issued under the ASEAN-Hong Kong Free Trade Area, to facilitate goods exports to those regional markets. In an announcement issued on June 11, the ministry invited exporters interested in applying for Form AHK, or seeking […]

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Philippines: Export, services sale slapped with 12% VAT

The Bureau of Internal Revenue (BIR) has implemented a 12-percent value-added tax on transactions that were previously taxed at zero percent. Last June 9, Finance Secretary Carlos Dominguez 3rd signed Revenue Regulation 9-2021, which was issued on June 11 to implement the imposition of a 12-percent VAT on transactions covered by various sections of the […]

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