regulation

Retail Asia22/06/2016

There are concerns the new government, which took office in April, has not yet revealed its economic policies. Businesses are also concerned that if the policies further open up the economy, some companies would not be ready for potentially intense foreign competition. At a panel discussion of the Economist Events’ Myanmar Summit 2016, Sai Sam […]

Retail Asia02/06/2016

In 2013, Marine Gold Products, one of the largest shrimp exporters in Thailand, lost big money on meeting its export commitments. As early mortality syndrome (EMS) caused Thai production to dive, raw material prices rocketed. EMS caused production to dive under 200,000 metric tons, compared to the peak of over 600,000t. This left packers fighting […]

Retail Asia01/06/2016

Indonesia has one of the biggest economies in the Asia-Pacific region and its rate of internet adoption is one of the fastest in the world. So naturally, e-commerce in the region is starting to boom. According to Alibaba Group Executive Vice Chairman Joseph Tsai, Indonesia’s per capita GDP is about the same as China’s was in […]

Retail Asia29/02/2016

In some cases consumers will owe more tax, and in other cases less. Foreign online retailers and brands have benefited in recent years from China’s relaxed rules on purchases by Chinese consumers on overseas websites. China’s new rules on import duties and taxes will hurt some of those overseas online sellers, while helping others. The […]

Retail Asia17/02/2016

Ikea Indonesia has suffered a rude shock: Indonesian trademark laws have left the Swedish furniture giant without the right to its own name in the Southeast Asian nation. A decision of the Central Jakarta Court granting Indonesian ownership of the Ikea brand name to a local business back in September 2014, has been upheld in […]

Retail Asia11/12/2015

Korea’s government has removed some items from the Individual Consumption Taxes list, making them exempt from what is often referred to as a ‘luxury tax’. Perfume, cameras and deer antlers were removed from the list, but tax will still be imposed on purchases of Royal Jelly. Authorities reported that the ruling party and opposition party […]

Tag: regulation

Myanmar businesses want policies

Marine Gold reaping benefits of 2013 losses as shrimp production rebounds

Indonesia Revises E-Commerce Regulation

China changes the tax rules on purchases from overseas e-retailers

Ikea Indonesia loses right to its own name

Korea scraps perfume tax