News Across Asia - Page 118

Middle East Briefing

UAE’s Overseas Investments Soars to Estimated US$2.5 Trillion by 2024

03/28/2024

As of early 2024, the UAE’s overseas investments have surpassed US$2.5 trillion, solidifying its position as a leading global player in FDI.

India Briefing

India Hopes to Replace Minimum Wage with Living Wage Standard by 2025: What We Know

03/28/2024

India is working with the ILO to establish a living wage standard that covers housing, healthcare, food, education, and clothing expenditure. The aim is to have this ready by 2025.

Vietnam Briefing

Vietnam Unveils Decree 32/2024/ND-CP on the Management and Development of Industrial Clusters

03/27/2024

Decree 32/2024/ND-CP regulating industrial clusters in Vietnam takes effect on May 1, 2024. Key provisions impacting stakeholders are summarized in this article.

China Briefing

Decoding China 2024 Green Industry Catalogue: Key Takeaways

03/27/2024

China has issued the 2024 version of its Green Industry Catalogue, a key reference document for government entities and departments to devise supportive policies for the advancement of green sectors in the country. We provide key details.

Vietnam Briefing

Vietnam Issues Draft Decree Regulating Foreign Telecom Service Providers

03/27/2024

A Vietnam draft decree provides further clarity for foreign telecom service providers in the data center, OTT, & cloud computing segments.

India Briefing

India’s Regulation of AI and Large Language Models

03/27/2024

Presently, India lacks a dedicated regulation for artificial intelligence (AI). We outline some of the advisories, guidelines, and IT rules that offer legal oversight for the development of AI, Generative AI, and large language models (LLM) in India.

ASEAN Briefing

Digital Platforms Obligated to Pay for Media Content in Indonesia

03/27/2024

Indonesia’s President has signed a regulation that will require companies such as Meta and Google to pay news publishers to feature media content on their platforms.

Middle East Briefing

Saudi Arabia's US$40 Billion AI Fund: Outlook and Opportunities

03/27/2024

Saudi Arabia's government is planning to establish a US$40 billion fund dedicated to AI investment, signaling a strategic move to diversify its economy and solidify its position as a dominant force in the Middle East's AI landscape.

Vietnam Briefing

Vietnam-Canada Bilateral Relations, Trade, and Investment Outlook

03/26/2024

We discuss key factors making Vietnam an attractive investment destination for Canadian businesses amidst rapid economic expansion.

China Briefing

China Adopts New Regulations to Facilitate Cross-Border Data Flows

03/26/2024

Nre regulations from China's cybersecurity regulator significantly facilitate cross-border data transfer processes for foreign companies by lowering compliance burdens.

Middle East Briefing

Abu Dhabi Investment Authority Offers Discounted Buyouts for Investors Exiting China PE

03/26/2024

ADIA, the Emirate SWF, is strategically positioning itself to benefit from the trend of Western investors reducing their exposure to China.

ASEAN Briefing

A Guide to Estimated Chargeable Income Filing in Singapore

03/25/2024

Incorporated companies in Singapore must file an Estimated Chargeable Income (ECI) for each year of financial assessment.