On March 28, 2025, India launched a INR 229.19 billion (US$2.68 billion) Production Linked Incentive (PLI) scheme to boost the domestic manufacturing of passive electronics, with a six-year implementation plan.
China’s manufacturing presence in Vietnam is experiencing dynamic growth, fueled by robust investments and Vietnam’s advantages as a production hub. This article examines the scale of Chinese investments and their concentrations in Vietnam's key manufacturing hubs.
China’s latest Cybersecurity Law amendments introduce stricter compliance requirements, higher penalties, and enhanced enforcement for businesses. Learn how these changes impact businesses and what companies must do to stay compliant.
Egypt's FY2025-26 budget, totaling EGP 4.6 trillion (US$90.97 billion), focuses on fiscal discipline, social protection, and economic growth, aligning with IMF-backed reforms. Key measures include increased subsidies, higher public sector wages, and targeted investments in productivity and infrastructure.
Laos offers cost-effective labor and investment potential but faces skills shortages, migration, and regulatory challenges for businesses.
China and Uruguay are expanding trade and investment ties, with growing cooperation in agriculture, clean energy, and digital infrastructure. As a key MERCOSUR partner, Uruguay offers strategic opportunities for Chinese enterprises in 2025 and beyond.
China's new facial recognition regulations, effective June 1, 2025, impose stricter compliance rules on businesses, requiring justification for use, enhanced data security, and transparency. Learn what your company needs to do to stay compliant.
India has implemented revisions to Form 3CD, effective from April 1, 2025, requiring businesses and tax professionals to adhere to enhanced disclosure requirements under the updated tax audit regulations.
From April 1, 2025, India’s GST compliance will see major changes, including mandatory multi-factor authentication (MFA), stricter e-way bill (EWB) rules, mandatory Input Service Distributor (ISD) registration, and a lower e-invoicing threshold.
Vietnam’s ICT industry is experiencing rapid growth and offers vast potential for further development. With significant investments in sectors such as AI, cloud computing, data centers, and blockchain, Vietnam is positioning itself as an attractive destination for investors.
Sharjah's Natural Resources Tax, effective February 2025, imposes a 20% tax on extractive and non-extractive natural resources businesses.
Singapore remains ASEAN’s top financial hub, but rising competition, fintech disruption, and regional shifts challenge its dominance.