sin01
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Why ordinary Singaporeans are spending faster than the rich

SINGAPORE: Singapore is Asia’s Monte Carlo, a playground of the wealthy. The city-state has two casinos, an annual Formula One race, and the third-highest concentration of ultra-rich individuals after Monaco and Geneva. It’s home not just to the “Crazy Rich Asians” caricatured in the eponymous movie but also, increasingly, Brazilian and British billionaires. Even the […]

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th01
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Thailand: Furore over TM30 forms

Long-term foreign residents are crying foul at the strict implementation of the TM30 reporting rules, saying that it will only penalise law-abiding foreigners and have little effect on ill-intentioned criminals and other wrongdoers who skirt the law and evade the requirements. The reinforcement of regulations regarding the so-called TM30 form is outlined in the 1979 […]

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Philippines: Exemption sought for 9 cities from ecozone ban

MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) has requested anew the Office of the President (OP) to exempt nine cities in Metro Manila from the ongoing ban on new economic zones and to give ecozone developers with pending ecozone applications more time to complete their requirements.  In a letter to Executive Secretary Salvador […]

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vn01
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Vietnam ministry announces criteria for “made in Vietnam” products amid rampant trade fraud

The draft circular regulates that made-in-Vietnam products should be originated or wholly produced in Vietnam, including agricultural products or natural resources. Otherwise, products should undergo final processing or manufacturing in Vietnam to fundamentally change the essential qualities of the products to be labelled as such.  In addition, products would be required to qualify for HS […]

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