LAOS

Journey to Sustainability: The ASEAN Taxonomy

07 April 2022

Financing is the key to supporting and advancing the transition to net zero. In November 2021, the ASEAN Taxonomy Board released the ASEAN Taxonomy for Sustainable Finance, which introduces a common language across the region for the financing of sustainable activities and provides a framework for discussions among ASEAN countries. It helps financiers and investors understand the sustainability impact of a project or economic activity. More

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ASIA: Hong Kong Makes Official Application to Join the RCEP

08 March 2022

Hong Kong has started proceedings to join the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade bloc that commenced on 1 January 2022, comprising 15 countries including China, Australia, Japan, New Zealand, South Korea, and the ASEAN states of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. More

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ASIA: RCEP Free Trade Deal Takes Effect for 10 Signatory Nations

14 January 2022

The Regional Comprehensive Economic Partnership (RCEP) entered into force on 1 January 2022, meaning that businesses in Australia, Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand and Vietnam will now benefit from tariff elimination on about 92% of goods over time. More

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GBA Enterprises Targetting the ASEAN Market

12 January 2022

Abstract: HKTDC Research, in collaboration with UOB Hong Kong, conducted a questionnaire survey and in-depth interviews with enterprises in the GBA in the third quarter of 2021. The survey found that close to 60% of all GBA-based enterprises surveyed plan to expand into the ASEAN. Singapore, Malaysia, Vietnam and Thailand are the most popular ASEAN trading partners and the lead investment destinations for GBA-based enterprises. More

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ASIA: Regional Comprehensive Economic Partnership Set for January 2022 Launch

10 November 2021

The Regional Comprehensive Economic Partnership (RCEP) trade agreement is set to enter force on 1 January next year. More

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RCEP to Take Effect in January 2022

08 November 2021

The ASEAN Secretariat announced on 2 November that it has received instruments of ratification for the Regional Comprehensive Economic Partnership (RCEP) from Brunei, Cambodia, Laos, Singapore, Thailand, Vietnam, China, Japan, New Zealand and Australia. More

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The ASEAN Digital Health Landscape: An Overview

17 September 2021

Digital health services could help ASEAN countries alleviate the challenges in their existing healthcare system and fulfil the rising demand for better healthcare services, especially amid the Covid-19 pandemic. More

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LAOS: New Guidelines on Securing Promoted Investment Incentives

05 July 2021

Supplementary regulations related to securing promoted investment incentives have now been released by the government. Billed as the Instructions on the Promotion of Investment Incentives Concerning the State Land Rental and Concession Fees, the new measures tighten up the country’s existing Law on Investment Promotion No. 14/NA (LIP) (2017). More

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ASEAN E-commerce: Developing Successful Strategies

15 June 2021

The Covid-19 pandemic has materially accelerated a shift towards online lifestyles. ASEAN’s e-commerce market holds great potential for growth, as more industry players enter the space to provide a greater variety of products, and consumers embrace the convenience of online shopping. This article will assess the region’s dynamic e-commerce ecosystem and provide practical tips for businesses looking to secure success in the markets. More

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ASEAN E-commerce: Beyond the Pandemic

09 June 2021

The spread of Covid-19 has put strain on traditional retail in ASEAN given the widespread closures of physical stores and diminishing consumer demand. While the pandemic has led to a period of extreme upheaval for brick-and-mortar stores, it has driven a dramatic uptake of digital adoption across ASEAN countries, accelerating the shift towards online retail channels that was already underway. More

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