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Rajah & Tann Regional Round-Up

your snapshot of key legal developments in Asia

Issue 1 - Jan/Feb/Mar 2016


INDONESIA

Revision of Negative Investment List

The Indonesian government announced that it will revise the current Negative Investment List (Dafter Investasi Negatif / "DNI") to permit foreign direct investment ("FDI") in a number of sectors and increase FDI limits in others.  The proposed changes are influenced by the need to attract greater FDI inflows to counter the current economic slowdown and to boost the country's competitiveness in the ASEAN Economic Community ("AEC"). According to the ministerial release, several sectors that are conditionally open under the current DNI will be completely removed from the list, including crumb rubber, cold storage, tourism (restaurants, cafes, recreation, arts, entertainment, sports facilities), film industry, e-commerce, telecommunications equipment testing, tolled expressways, processing and disposal of hazardous wastes and pharmaceutical raw materials.

CAMBODIA

CHINA

INDONESIA

LAO PDR

MALAYSIA

MYANMAR

SINGAPORE



Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

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