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China’s Tightened Facial Recognition Regulations: Key Business Takeaways

2025-03-31
China’s rapid adoption of facial recognition technology has sparked both excitement and concern, as its applications expand across various sectors, from transportation and finance to consumer services. In response to growing public concerns about privacy violations and data security, the Cyberspace Administration of China (CAC) and the Ministry of Public Security (MPS) have jointly introduced the Security Management Measures for the Application of Facial Recognition Technology (hereinafter, the “measures”), aimed at regulating the use of facial recognition technology.

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Vietnam Briefing

Vietnam’s Booming ICT Market Expands Opportunities for Foreign Investment

03/31/2025

Vietnam’s information and communication technology (ICT) industry is experiencing rapid growth and offers vast potential for further development. As one of the fastest-growing economies in Southeast Asia, the country is poised to become a leading player in digital transformation, driven by increasing demand for advanced ICT infrastructure.

ASEAN Briefing

Singapore’s Role as ASEAN’s Financial Hub: Can it Maintain its Lead?

03/31/2025

Singapore has long been recognized as the premier financial hub of ASEAN, renowned for its robust regulatory framework, world-class infrastructure, and business-friendly policies. Its strategic location, combined with political stability and a well-developed financial sector, has positioned the city-state as the go-to destination for banking, asset management, and fintech innovations.

India Briefing

India Revises Tax Audit Reporting with Form 3CD Changes Effective April 1, 2025

03/31/2025

India has introduced critical amendments to Form 3CD, a tax audit form, by notifying the Income-tax (Eighth Amendment) Rules, 2025. These changes, which take effect from April 1, 2025, impact businesses and tax professionals, making it essential to align tax audit procedures with the updated requirements.

China Briefing

China-Slovakia Economic Ties: Strengthening Cooperation and Future Opportunities

03/28/2025

China and Slovakia share evolving trade and investment ties shaped by global economic shifts, geopolitical influences, and emerging industries. This article explores the trade fluctuations, investment trends, and strategic cooperation areas between the two nations.

Vietnam Briefing

Opportunities Amid Tariff Risks: Vietnam Aims for Trade Balance with the US

03/28/2025

US President Donald Trump has announced that he will reveal his government’s tariff scheme on April 2, referring to it as a potential “Liberation Day” for the US economy. As this date approaches, the Vietnamese government is expediting its initiatives to strike a more balanced trade with the US, pledging to increase purchases of American goods and reduce tariffs on various US products.

India Briefing

India’s GST Compliance Changes from April 1, 2025: What Businesses Need to Know

03/31/2025

Starting April 1, 2025, India’s Goods and Services Tax (GST) compliance landscape will undergo multiple changes. This includes mandatory multi-factory authentication (MFA) for GST portal access and restrictions on E-Way Bill (EWB) generation to curb fraudulent practices.

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Asia Briefing publishes articles, magazines, and guides on doing business in Asia.
It has been produced by Dezan Shira and Associates since 1999.

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