News Across Asia

Malaysia’s Economic Corridors: A Guide for Foreign Investors – Latest Issue of ASEAN Briefing Magazine

In this ASEAN Briefing issue, we outline Malaysia's economic corridors, delve into investor incentives, and highlight promising sectors for investment within these corridors.

Annual Confirmation for China IIT Special Additional Deductions Starts on December 1

From December 1, 2023, the annual confirmation for Individual Income Tax (IIT) special additional deductions begins. Individuals, including expatriates in China, should check their eligibility for these deductions.

The New Frontier: Southeast Asia's Emerging Space Role

The increasing deployment of satellites and other payloads into orbit by ASEAN countries opens numerous avenues for foreign investment in the space sector.

India’s Outlook for 2024-25: Key Growth Areas and Investment Prospects

We discuss India's economic outlook for 2024-25 and promising sectors for foreign investment as the country enters a general election year.

Vietnam's Public Holidays in 2024

Vietnam Briefing outlines Vietnam’s official public holidays in 2024. Businesses should take note of the holiday schedule and plan accordingly.

New Version of Foreign Permanent Resident ID Card to be Issued in China Starting December 1, 2023

China's National Immigration Administration unveiled an upgraded Foreign Permanent Resident ID Card, effective from December 1, 2023, with design improvements and enhanced functionality. We explain the key changes in the new Foreign Permanent Resident ID Card and benefits for applicants.

Beijing’s New Plan to Boost the Service Industry and Attract Foreign Investment

A new plan to boost the Beijing service sector seeks to expand market access for foreign companies and enhance the city's business environment.

Laos Raises Immediate Excise Tax Rates on Specific Products

Laos has introduced a new decree introducing strategic excise tax adjustments on various products.

Tax Update: Global Minimum Tax, VAT Tax Reduction Confirmed for 2024

In a busy week at Vietnam’s National Assembly, a VAT tax reduction has been approved alongside a top-up tax in response to the OECD Global Minimum Tax initiative. Here’s the details.

Türkiye’s Trade With The GCC: 2023/24 Status and Prospects

Navigating ESIC and Provident Fund Registration for Companies in India

We outline the mandatory registration timelines and procedures for Indian companies under ESIC and Provident Fund schemes.

Traveling to China After Reopening - What’s Changed?

We offer the latest advice on traveling to China since the lifting of COVID-19 restrictions, from visas to testing to travel precautions.