In the PAPI 2023 Rankings, Thua Thien-Hue Province in central Vietnam claimed the top spot among 63 localities with 46.04 points. Thai Nguyen and Bac Ninh Provinces secured second and third positions with 45.78 and 45.7 points, respectively.
Public offerings from Spinneys and LuLu Group are being hailed as game changers for the UAE market. Traditionally, IPOs in the UAE have been dominated by government utilities and private corporations.
In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia's updated transfer pricing guidelines and highlight Singapore and Hong Kong's progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.
The government has clarified how India's new EV Policy will work as it seeks to tie-in subsidy/benefits to local investment and domestic value addition (DVA).
On April 22, 2024, Indonesia’s General Election Commission officially declared Prabowo Subianto and Gibran Rakabuming Raka as the next president and vice president respectively.
Vietnam's amended Environment Protection Law (EPL) in 2022 introduced a new “extended producer responsibility” (EPR) policy which places the burden of responsibility to recycle on companies.
Foreign investors in the manufacturing space and other such stakeholders should pay attention to the emerging capacity building in the Indian ACC manufacturing industry and forge supplier relationships with PLI beneficiaries to achieve mutually advantageous outcomes.
The changing trade and investment relationship between China and Germany underscores emphasis on collaboration while navigating new challenges. We discuss how heightened industrial competition is reshaping vital sectors, prompting both countries to seek balance and adapt to evolving dynamics.
Singapore’s Deputy Prime Minister Lawrence Wong will take over as Prime Minister in May from Lee Hsien Loong, who will step down after 20 years in office.