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News Across Asia

Vietnam Briefing

UNDP Releases Vietnam PAPI 2023 Report: Progress on Anti-Corruption, E-Governance

04/28/2024

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.

Middle East Briefing

Spinneys and LuLu’s Public Offerings Pave the Way for Family-Owned Businesses

04/28/2024

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.

China Briefing

Asia Transfer Pricing Brief: Q1 2024

04/26/2024

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.

Vietnam Briefing

ESG Strategy a Key Focus Area for Foreign Businesses in Vietnam

04/26/2024

We discuss findings from the VBF’s survey of foreign business stakeholders in Vietnam, including progress and concerns over ESG priorities.

India Briefing

Clarifications Issued by the Indian Government on New EV Policy Implementation

04/25/2024

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).

ASEAN Briefing

Prabowo Subianto Becomes Indonesian President

04/25/2024

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 Briefing

Vietnam Exports to the US in Q1 2024 Reach US$25.77 Billion

04/24/2024

Vietnam exports to the US in the first quarter (Q1) of 2024 accounted for 27.7% of the entire export turnover of the Southeast Asian economy.

Vietnam Briefing

Vietnam’s Extended Producer Responsibility Policy: Company Recycling Obligations

04/24/2024

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.

India Briefing

Top Companies Race to Seize India's ACC Manufacturing Opportunity

04/24/2024

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.

China Briefing

China-Germany Bilateral Relations: Trade and Investment

04/24/2024

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.

Middle East Briefing

Over 15,000 Indian Companies Joined Dubai Chamber of Commerce in 2023

04/24/2024

In 2023, 15,481 Indian enterprises joined the Dubai Chamber of Commerce, indicative of the UAE market's appeal among global investors.

ASEAN Briefing

Singapore Designates Lawrence Wong as Prime Minister, Effective May 15

04/23/2024

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.


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