Indonesia has made changes to the customs procedure for the import of digital products into the country.
Vietnam’s Decree 111/2021 aims to tackle tax evasion and fraud, and mandates businesses that produce, export, or import goods to record and determine the origin of their goods.
Indonesia’s Ministry of Trade issued MoT Reg 17/2021, which sets out the criteria and advantages for qualifying as a reputable exporter and importer.
Indonesia has made serious efforts to improve its import and export procedures as the country targets to become the fourth-largest economy by 2045.
The Maritime and Port Authority of Singapore (MPA) will implement a two-phase increase in port dues rates from January 2022.