Permitted FDI in Domestic Courier Services, selected ASEAN countries, October 2011
Country |
Restrictions |
Brunei |
No foreign equity restrictions. |
Burma |
No foreign equity restrictions but with restrictive licensing procedures for entry to the express delivery sector. |
Cambodia |
No foreign equity restrictions. |
Indonesia |
Foreign ownership not permitted for domestic courier services. 49% foreign equity for international express delivery services up to international gateways only (airports and seaports). |
Laos |
No foreign equity restrictions although agency agreements are encouraged. |
Malaysia |
No foreign equity restrictions for express delivery service, 49% foreign equity for customs brokerage services. |
Philippines |
40% foreign equity. |
Singapore |
No foreign equity restrictions. |
Thailand |
49% foreign equity. |
Vietnam |
51% foreign equity, 100% by 2012. No distinction between domestic and international express delivery service. |
Source: AmCham-ICIP Research, October 20, 2011
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