Asean


Enforcement of rules not to restrict movement of essential items

Enforcement of rules not to restrict movement of essential items

22nd October 2020 – MIRI: The enforcement of rules and regulations by certain government agencies here as well as those enforced by Brunei are not intended to restrict the delivery of essential items. According to Minister of Transport Datuk Lee Kim Shin, these rules and regulations were to ensure that the Covid-19 pandemic is well under control within each country and between countries. “In this respect, it is important...

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Man fined S$418,000 for evading taxes and failing to keep records of vehicle imports

Man fined S$418,000 for evading taxes and failing to keep records of vehicle imports

2nd October 2020 – SINGAPORE: A man has been fined S$418,000 for evading taxes and failing to keep documents and records related to motor vehicle imports, said Singapore Customs on Friday (Oct 2). Tan Wee Leng, 43, the sole proprietor of Zion Auto imports, was sentenced on Thursday after he was found guilty of conspiring with three other motor vehicle traders to evade excise duty and Goods and Services Tax (GST) relating to...

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Alibaba Subsidiary Cainiao Pushes Into Malaysia With Cross-Border Delivery Service

Alibaba Subsidiary Cainiao Pushes Into Malaysia With Cross-Border Delivery Service

23rd September 2020 Cainiao, a logistics arm of Alibaba, is partnering with its domestic peer Best to launch a time-efficient delivery service between China and Malaysia, which the duo hailed as a boon for both buyers and sellers as the upcoming “Double 11” shopping extravaganza is expected to drive demand for cross-border e-commerce. The service, which incorporates customs clearance, sea freight forwarding, overseas warehousing and last-mile delivery, will shorten...

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200 administrative procedures connected to National Single Window

200 administrative procedures connected to National Single Window

23rd September 2020 – NDO – By the end of August 2020, there were 200 administrative procedures of 13 ministries and sectors connected to the National Single Window, an increase of 12 procedures compared to 2019, featuring over 3.2 million records and 40,000 enterprises. The statistics were announced at a meeting of the National Steering Committee for the ASEAN Single Window (ASW), National Single Window (NSW) and Trade Facilitation...

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New scheme aims to speed up trade flows in Asean

New scheme aims to speed up trade flows in Asean

21st September 2020 – Initiative lets certified exporters self-certify origin of goods, saving companies time and costs Starting yesterday, companies such as DIP Investments, which produces and exports surgical masks, will benefit from a scheme that aims to facilitate trade in Asean. They will not have to apply to the authorities for a hard-copy certificate that verifies the origin of their goods. Instead, as part of the new Asean-wide...

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Thailand prohibits Myanmar drivers from entering at border

Thailand prohibits Myanmar drivers from entering at border

20th September 2020 – Only Thai or Myanmar drivers living in Thailand will be allowed to cross the border. “Trucks and drivers from Thailand will be allowed to enter. If the vehicle and driver are from Tachileik on the Myanmar side, the driver has to switch shifts with a Thai driver before the vehicle is allowed to pass into Thailand. Myanmar residents are not allowed to pass the border,”...

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Most Asia-Pacific consumers unhappy with delivery experiences

Most Asia-Pacific consumers unhappy with delivery experiences

Only 22 per cent of Apac consumers report having product delivery experiences that meet their expectations every time, according to a new study by BluJay Solutions. The research finds that with contactless delivery options becoming more prevalent against the backdrop of the coronavirus pandemic, consumers expectations for transparent, reliable and accurate delivery information is greatly enhanced. In spite of this, deliveries often fall below expectations. “With consumers stuck at...

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Tax Matters: Digital service tax updates create even more uncertainties

The Royal Malaysian Customs Department (RMCD) recently released a series of updates on the digital service tax framework, which officially went into force on Jan 1. Released in April, the rules — which apply retroactively now — exempt local banks and financial institutions (FIs) from having to levy the 6% tax when charging fees on transactions that pass through their networks.  Deloitte Malaysia partner for indirect tax Senthuran Elalingam...

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Thai Customs Department Eases Certificate of Origin Submission Requirements

On April 16, 2020, the director general of the Thai Customs Department issued Notification No. 81/2563, which introduces new customs measures intended to facilitate the operations of importers during the COVID-19 pandemic. The new notification replaces and expands on a previous one (Notification No. 47/2563), issued in March 2020, which allowed importers of goods from China to submit photocopies of certificates of origin in certain circumstances, rather than originals,...

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Iranian Oil Shipments To China Rebranded In Malaysia To Circumvent Sanctions

Like its Latin American ally, Venezuela, Iran appears to be rebranding its crude oil destined for China in Malaysia to circumvent U.S. sanctions. Data provided to Radio Farda by data intelligence firm Kpler indicates that Iran has suddenly increased oil exports to Malaysia since January. At the same time, official figures show a huge drop in Iranian oil exports to China in the first four months of 2020. This...

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