News Across Asia - Page 116

India Briefing

India's Investment Appeal Stays Bright: Findings from EIU Report

04/04/2024

India is among the top three most improved investment destinations, according to a recent report from the Economist Intelligence Unit, which attributes the country's appeal to its domestic market size and workforce capacity.

ASEAN Briefing

Indonesia's Minimum Wage Rates for 2024

04/04/2024

Indonesia’s Ministry of Manpower announced the increase of minimum wages across the country for 2024.

ASEAN Briefing

Malaysia’s Sales and Service Tax Increase: What Industries are Impacted?

04/03/2024

Malaysia has officially increased the sales and services tax rate from six percent to eight percent, which will impact several industries such as finance and leisure.

Vietnam Briefing

Vietnam’s State of the Economy: Q1 2024 Report

04/03/2024

Vietnam's economy saw GDP y-o-y growth at 5.66% and an FDI uptick at 13.4% (as of March 20) in the January-March quarter of 2024 (Q1 2024).

India Briefing

Investing in Assam State, India

04/03/2024

We profile the investment climate of Assam, the largest state in India's Northeast region, and an emerging semiconductor manufacturing base.

China Briefing

China Releases Technical Standards Guiding the Classification of “Important” Data

04/03/2024

A new set of data classification technical standards will help companies and regulators in China identify different types of data for regulatory compliance.

Vietnam Briefing

Vietnam’s National Electricity Development Plan 2021-2030: Roadmap Approved

04/03/2024

Vietnam's government has approved a roadmap to implement the National Electricity Development Plan 2021 to 2030, with a vision to 2050. We discuss key points in the plan and ongoing regulatory efforts in the power sector.

India Briefing

India's ITR Forms for AY 2024–25: Key Updates

04/03/2024

India's Income Tax Department has released ITR Forms 1-6 for AY 2024–25 and is enabling e-filing mechanisms according to reporting deadlines.

Middle East Briefing

UAE Mulls 10-Year “Golden License” to Boost Business Continuity

04/03/2024

Government ministers and stakeholders are discussing the potential implementation of a so-called “golden license” for business in the UAE.

ASEAN Briefing

Navigating Data Protection Impact Assessments in Indonesia

04/02/2024

As part of Indonesia's data protection law, businesses must implement Data Protection Impact Assessments for activities involving the processing of high-risk personal data.

China Briefing

China Monthly Tax Brief: March 2024

04/02/2024

In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in March 2024. These initiatives target to increase market access, attract foreign investment, support technology innovation, and clarify tax compliance.

India Briefing

India-Spain DTAA Notification: Lowered Tax Rates and Key Provisions

04/02/2024

India has announced that tax rates on royalties and fees for technical services under the India-Spain DTAA will be capped at 10%, a rate lower than domestic laws, as per a most-favored nation basis, according to a March 2024 notification.