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Vietnam: Origin fraud threatens local exporters

After a local silk importer was recently found to be disguising Chinese products as Vietnamese to sell them in India, experts have warned of the risks of losing out on exports and preferential tariffs due to intellectual property (IP) violations. The Department of Post-Customs Clearance Inspection from the General Department of Customs revealed that it […]

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Philippines: Car sales down 48% from January to August

MANILA, Philippines — Vehicle sales declined  by 48 percent from January to August compared to last year’s level as consumer demand remained weak amid the COVID-19 pandemic, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and Truck Manufacturers Association (TMA). In a joint report, CAMPI and TMA said total vehicle sales […]

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Cambodia: Move to unify non-banking finance regulators

A new non-banking financial services draft law designed to combine all non-banking regulators has been sent for legislative approval by Prime Minister Hun Sen during his most recent council of ministers meeting. The Governor of the National Bank of Cambodia (NBC) Chea Chanto confirmed the legal move had been conducted in cooperation with the Ministry […]

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