News Across Asia - Page 10

China Briefing

China’s Two Sessions 2026: Key Takeaways from the Government Work Report

03/05/2026

In his 2026 GWR, Premier Li Qiang announced that China will target GDP growth of 4.5%-5% in 2026, adding that policymakers will “strive for better outcomes in actual implementation.”

Middle East Briefing

Türkiye Proposes 10 Percentage Crypto Income Tax and Transaction Levy on Service Providers

03/04/2026

Türkiye has proposed a new crypto taxation framework introducing a 10 percent withholding tax on profits from digital asset transactions and a 0.03 percent levy on crypto service providers. The measure reflects growing regulatory oversight as the country emerges as one of the world’s largest cryptocurrency markets.

Vietnam Briefing

Vietnam’s VAT Refund: Expanded Eligibility and Stricter Compliance Rules

03/04/2026

Explore Vietnam's regulations on VAT refund eligibility for investment and export-focused companies, as well as the strict compliance rules.

China Briefing

Guangzhou and Foshan Simplify Foreign Hiring with New Mobility Rules

03/04/2026

Guangzhou and Foshan have jointly introduced measures to simplify work permit procedures and improve mobility for foreign professionals. The policy aims to reduce administrative burdens and support deeper integration under the Guangfo “same‑city” initiative.

ASEAN Briefing

How Middle East Energy Disruptions Could Reshape Investment Planning in ASEAN

03/04/2026

Renewed volatility in global energy markets and shipping routes is prompting investors to reassess supply chain resilience, operating costs, and market entry strategies across ASEAN.

ASEAN Briefing

THR Compliance in Indonesia: What Foreign Employers Must Review Before Eid 2026

03/04/2026

Most employers in Indonesia must pay THR before Eid 2026. Learn the payment deadline, calculation rules, tax impact, and compliance risks.

India Briefing

India-Canada CEPA 2026: Modi-Carney Sign Terms of Reference, Target US$50 Billion Trade by 2030

03/03/2026

India and Canada have set a course to mend diplomatic ties after three years of strained relations. The prime ministers of both countries announced the launch of negotiations for the Comprehensive Economic Partnership Agreement (CEPA), advancing trade, investment, and strategic cooperation.

Middle East Briefing

Kuwait Amends National Military Service Law Through New Decree

03/03/2026

Kuwait has amended its national military service law through Decree-Law No. 9 of 2026, clarifying eligibility rules, exemptions, and administrative procedures to address implementation gaps. The revised framework applies compulsory service to Kuwaiti males turning 18 starting with those born on January 1, 2012, while exempting earlier cohorts and cancelling non-compliant procedures.

ASEAN Briefing

Corporate Tax Risks in Vietnam: What Foreign-Owned Companies Get Wrong and How to Mitigate Exposure

03/03/2026

Foreign-owned companies in Vietnam face tax risks beyond the 20% CIT rate, requiring careful assessment of transfer pricing, incentives, VAT, and enforcement exposure.

India Briefing

India Revises External Commercial Borrowing Framework with 2026 FEMA Amendment: Notes for Businesses

03/03/2026

The RBI’s 2026 ECB amendments raise borrowing limits to USD 1 billion, simplify compliance, and restructure India’s cross-border financing framework.

China Briefing

Hong Kong Expected to Introduce Virtual Asset Licensing Regime in 2026

03/03/2026

Hong Kong is preparing to introduce a comprehensive licensing regime for virtual asset service providers covering dealing, custody, advisory, and asset management activities. The framework will significantly raise compliance expectations for operators seeking to serve Hong Kong clients.

India Briefing

Iran Conflict Raises Oil, Rupee, and Trade Risks for India’s Economy

03/03/2026

With over 80 percent oil import dependence and significant Gulf trade exposure, India faces multi-layered risks from the escalating Iran conflict, spanning freight costs, aviation disruption, remittance sensitivity, and equity market volatility.