Policy & Regulation Volanews

POLICY

Indonesia Imposes 10% VAT on Amazon, Google And Netflix Under the new rules, non-resident foreign firms which sell digital products and services in Indonesia worth at least 600 million rupiah ($41,667) a year.

by DealStreetAsia

2020-07-09

INDIA Chinese App Ban REGULATION

Indians Expected To Take VPN Route To Dodge Chinese App Ban The government's move to ban 59 Chinese apps on Monday is likely to push users towards virtual private networks (VPN) once again.

by Inc42

2020-07-01

INDIA REGULATION MOBILE INTERNET

India Bans 59 China-linked Apps Including TikTok and UC Browser Citing privacy concerns, the Central government today has decided to ban a host of mobile applications in India. The list includes popular social media applications like TikTok.

by DealStreetAsia

2020-06-30

INDIA REGULATION AGRI-TECH

Govt To Introduce Aadhaar-Linked Master Database To Enhance Farm Productivity The government already has the data of 9 Cr farmers who are beneficiaries of the PM-KISAN scheme.

by Inc42

2020-06-30

THAILAND TAX REGULATION

Thailand Approves Draft Bill to Tax Foreign Internet Firms The Thai bill requires non-resident companies or platforms that earn more than $57,434.59 per year from providing digital services in the country to pay a 7% VAT on sales.

by DealStreetAsia

2020-06-19

INDIA The competition commission of India(CCI)

CCI To Probe Reliance Jio-Facebook Deal Over Potential Data Abuse Facebook’s investment in Jio is the largest FDI deal in the technology sector in India

by Inc42

2020-06-19

KENYA TAX REGULATION

Inside Kenya’s Plan to Enforce Taxes on Google, Netflix, Digital services This is in a bid to get revenue from tech firms that are mostly based outside Kenya.

by ventureburn

2020-06-18

CHINA INVESTMENT China Stock

China Finalises New IPO Rules for Shenzhen’s ChiNext Startup Board There will be no price limits during the first five trading days of a newly listed stock, after which shares will be allowed to rise or fall up to 20% during a trading session，compared with 10% previously.

by DealStreetAsia

2020-06-15

NIGERIA REGULATION TAX

Inside Nigeria’s Bizarre Attempt To Tax WhatsApp Messages And Emails The stamp duty will be attached to electronic messages sent over SMS, email, and WhatsApp that show that money was transferred from someone to another person.

by WeeTracker

2020-06-12

MALAYSIA GOVERNMENT POLICY VC

Malaysia to Set up $281m National Stimulation Fund, to Work with Global VCs The move forms part of the so-called Short-Term Economic Recovery Plan announced by the Prime Minister Muhyiddin Yassin on Friday.

by DealStreetAsia

2020-06-08

INDONESIA REGULATION TAX

Indonesia to Impose VAT on Streaming, Other Digital Services from July The package was passed by parliament earlier this week.

by DealStreetAsia

2020-05-19

ISRAEL Startups REGULATION

Israel Launched $565 Million Program to Protect Institutional Investments in Tech Each of the 6-12 institutional bodies selected for the program will be eligible to up to 50% put option protection for its investment of up to $85 million in Israeli early stage startups.

by CalcalisTech

2020-05-18

Tunisia Startups REGULATION

Tunisian Parliment Supports Startups with $72.2 Million Loan Agreement The programme also aims to achieve a cumulative turnover of $518 Million and to set up a giant Tunisian start-up with global reach (ICORNE).

by wamda

2020-05-15

INDIA INVESTMENT REGULATION

【Exclusive】Not so automatic FDI from China to India! Various industry bodies including companies and investors in India and China have already reached out to the government seeking various types of clarification on the Press Note as well as the FDI Amendment.

by Dipti Lavya Swain

2020-04-24

KENYA FINTECH REGULATION

Kenya Blocks Rogue Digital Lenders from Blacklisting Borrowers The country’s credit reference bureaus tates that this move became necessary as a result of several complaints from the public about the misuse of Credit information sharing by lending apps, and poor customer services.

by techpoint.africa

2020-04-16

CHINA POLICY INSURANCE

Regulator announces new regulations on insurance asset management products China launched new rules on insurance asset management products on Wednesday to unify regulatory standards for such products and encourage insurers to better serve the real economy by injecting long-term funds into capital markets.

by ChinaDaily

2020-03-27

INDIA POLICY CUSTOMER SERVICE

Bengaluru To Issue Duty Passes To Essential Service Professionals The system will be available at the deputy police commissioner offices.

by Inc42

2020-03-27

INDIA POLICY INVESTMENT

Modi Plans $20 Bn Coronavirus Relief Fund For Impacted Citizens, Businesses The funds will reportedly be used to support businesses impacted severely

by Inc42

2020-03-26

ISRAEL Healthcare POLICY

Israeli Government Announces NIS 50 Million in Grants for Corona-Fighting Startups The grant, spearheaded by government investment arm the Israel Innovation Authority, will support companies from all sectors with products that address the challenges of the coronavirus pandemic.

by CalcalisTech

2020-03-18

VIETNAM POLICY RIDE-HAILING

Vietnam court asks Grab to shell out $206k for taxi firm Vinasun’s losses The court on Tuesday rejected the appeals by both companies and upheld the first-instance judgment.

by DealStreetAsia

2020-03-12