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Thailand: Tariff for import duty dodgers

The government is imposing an anti-circumvention tariff on cheap imported products that dodge anti-dumping duties. Wanchai Varavithya, deputy director-general of the Foreign Trade Department, said the Anti-Dumping and Countervailing Act (ADC Act) is being amended to protect domestic entrepreneurs, with a new chapter regarding anti-circumvention penalties being added. The draft amendment has already been completed. […]

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Myanmar: MIC now mandated to exclude irresponsible investors

Under the new Investment Law and corresponding investment rules implemented in April 2017, the Myanmar Investment Commission (MIC) is now empowered to exclude investors who have abused human rights in any jurisdiction, according to the International Commission of Jurists (ICJ). Dr Daniel Aguirre, a legal adviser with the ICJ in Myanmar, told The Myanmar Times […]

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Philippines: Fewer companies to expand, hire in Q3

MANILA, Philippines –  Fewer companies are set to expand and hire additional workers amid the expected slowdown in economic activity in the third quarter, results of a survey conducted by the Bangko Sentral ng Pilipinas (BSP) showed.  Rosabel Guerrero, director of the BSP’s Department of Economic Statistics, said results of the latest Business Expectations Survey […]

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Myanmar: MIC now mandated to exclude irresponsible investors

Under the new Investment Law and corresponding investment rules implemented in April 2017, the Myanmar Investment Commission (MIC) is now empowered to exclude investors who have abused human rights in any jurisdiction, according to the International Commission of Jurists (ICJ). Dr Daniel Aguirre, a legal adviser with the ICJ in Myanmar, told The Myanmar Times […]

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