News Across Asia

China Q3 2023 Economic Roundup: GDP Growth Beats Forecasts

We breakdown key data points in the China Q3 2023 economic roundup released by the National Bureau of Statistics.

Indonesia Market Prospects for EV Sales and Manufacturing

We discuss prospects for foreign investors in the Indonesia market for electric vehicles, supported by enabling government policies and raw material supplies.

Export Processing Enterprises in Vietnam: Eligibility and Alternatives

Export processing zones are a popular way to reduce tax liabilities in Vietnam, however, they can be somewhat challenging to establish. This brief overview outlines the requirements and the alternatives.

Myanmar Implements Long-Awaited Minimum Wage Hike

Myanmar has increased the daily minimum wage rate after a five-year hiatus to 5,800 kyat (US$2.76) for an 8-hour day, from 4,800 kyat (US$2.28).

ASEAN, Canada Edge Closer to Concluding Free Trade Agreement

ASEAN and Canada have edged closer to concluding a free trade agreement with Canada officially achieving the strategic partnership status during the ASEAN Summit.

8th UNCTAD World Investment Forum Opens In Abu Dhabi

India-UK FTA Talks - Where Things Currently Stand

India and the UK are expediting their free trade talks, aiming for a deal by October's end to secure significant benefits. Leaders of both countries are looking at an election year and this has complicated the last leg of negotiations. There is sufficient goodwill on both sides, and key compromises are being made, but signing the FTA agreement will ultimately be a political decision.

Vietnam Issues Draft Decree Guiding Implementation of Consumer Rights Protection Law

Vietnam’s National Assembly has issued a new draft decree providing additional details and clarity on a number of articles in the amended Law on the Protection of Consumer Rights (LPCR). Here's what it says.

Egypt Issues RMB3.5 billion In ‘Panda Bonds’

Understanding the Global Biofuel Alliance and India's Role Within It

Several G20 nations, led by India, Brazil, and the US, along with 12 international organizations, spearhead the Global Biofuel Alliance for technology investment, expert collaboration, and global standards to reduce hydrocarbon reliance.

Vietnam’s Gig Economy for Foreign Firms

The gig economy has emerged as a key driver of innovation and change in the way people work in Vietnam. This presents both benefits and challenges for workers and businesses alike. Here’s what foreign firms should know.

Why is ERP Important for Operating a China Business?

ERP adoption is rapidly gaining traction in China as a strategic tool to navigate market uncertainties and promote organizational efficiencies in the aftermath of COVID-19. We guide you in choosing the right ERP approach for your business.