News Across Asia - Page 112

China Briefing

China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services

04/18/2024

China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.

Middle East Briefing

Dubai Introduces New Judicial Authority to Resolve Conflicts Between DIFC and Local Courts

04/18/2024

Dubai has introduced a new judicial authority to address jurisdictional conflicts between DIFC Courts and local judicial bodies, with the goal of streamlining legal proceedings.

China Briefing

China’s Economy Expands 5.3% in Q1 2024

04/17/2024

China's GDP expanded 5.3% in Q1 2024 thanks to strong manufacturing and services output, setting the country on track to reach its annual growth target.

India Briefing

India Identifies List of 30 Critical Minerals: Economic Implications

04/17/2024

India has released a list of 30 critical minerals crucial for its energy transition and development of frontier industries. The move is aligned with global efforts to ensure stability in the supply chain of these critical minerals.

China Briefing

China's Draft Certification Standards for Cross-Border Personal Information Transfer (Updated)

04/17/2024

China's standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.

China Briefing

Cross-Border Data Transfer - New Measures Clarify Security Review Requirements

04/17/2024

China has released long-awaited measures detailing requirements for security assessments for transferring data out of the country.

China Briefing

China's Standard Contract Measures for Personal Information Export - Additional Guidelines Released

04/17/2024

The CAC has adopted measures for the streamlined "Standard Contract" procedure for exporting personal information. Here's how it works.

Middle East Briefing

Navigating UAE Tax Compliance: Insights from the FTA’s Taxpayer Charter

04/17/2024

The UAE Taxpayer Charter outlines taxpayer obligations for compliance with tax laws and educates them about their rights, with the goal to establish greater transparency and mitigate tax avoidance.

Vietnam Briefing

Vietnam-Spain Bilateral Relations: Trade and Investment

04/16/2024

We look at the latest data on bilateral trade and investment and discuss the various tax and investment treaties signed by Spain and Vietnam.

India Briefing

India-Mauritius DTAA Amendment Closes Tax Avoidance Loophole

04/16/2024

India and Mauritius have agreed to abide by recent DTAA revisions, which include a PPT clause to prevent any unjustified tax avoidance.

ASEAN Briefing

Thailand Contemplates Protective Tariffs on Chinese Imports Amidst Surging Trade Deficit

04/16/2024

The Thai government is considering imposing a VAT on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones.

Vietnam Briefing

Vietnam Advisory on Swapping of Working Days Around April 30 and May 1, 2024 Holidays

04/16/2024

Vietnam's labor authority MOLISA has proposed a swap of workdays for the 2024 Reunification Day and International Workers' Day holiday.