News Across Asia

Thailand Scaled-Down Subsidy Program Continues Backing for Locally Produced EVs

Thailand has extended its subsidy scheme promoting the purchase of domestically manufactured electric vehicles, albeit at revised rates. Chinese automakers BYD and Changan Automobile are the latest to plan local production, targeting this growing market.

LLP Rules, 2009 Amended and LLP (SBO) Rules, 2023 Notified as India Tightens Disclosure Requirements

India mandates LLPs to maintain a register of partners and document their beneficial interest in both tangible and intangible contributions. The notified rules indicate the mandatory time frame and updated forms for various reporting requirements.

Singapore to Amend Free Trade Zones Act, Strengthening Powers to Tackle Illegal Trade

Singapore's Parliament has proposed a bill to amend the 1966 Free Trade Zones (FTZ) Act and make related changes to the 1960 Customs Act.

Visa Clearance Streamlined by Indian Authorities for Chinese Professionals Engaged in PLI Sectors

Responding to industry feedback, the Indian government is streamlining the visa approval process for Chinese experts engaged in PLI sectors.

The Future of Vietnam’s Pharmaceutical Industry: Unpacked

As a result of Vietnamese consumers having more money to spend on their healthcare, Vietnam’s pharmaceutical industry is booming. Here’s how Vietnam plans to manage that boom between now and 2030, and where it might be by 2045.

The China Project Media Company Announces Closure

The China Project, a renowned English-language publication focused on China, has announced its closure, citing funding challenges as the primary reason for the decision.

UAE-Iran 2023/24 Bilateral Trade, Status, and Prospects

China to Issue RMB 1 Trillion in Special Treasury Bonds to Local Governments in Q4 2023 and Q1 2024

The central government will issue RMB 1 trillion in special treasury bonds to local governments in Q4 2023 to help with disaster relief and reconstruction.

Vietnam Amends Law on Electronic Transactions: Implications for Foreign Firms

The law in Vietnam on e-transactions, issued in March 2006, exhibits some shortcomings concerning modern electronic transactions. Therefore, to promote electronic trade, the National Assembly of Vietnam in June 2023 approved the revised Law on Electronic Transactions. Here’s what this might mean for foreign firms.

Singapore Proposes New Bill to Regulate Significant Investments in Critical Entities for National Security

Singapore's proposed Significant Investments Review Bill will increase oversight of ownership changes in critical entities.

Egypt To Launch Sharia-Compliant Stock Index

China International Import Expo 2023 - Trade, Policy, and Business Opportunities

Thousands of exhibitors, Global Fortune 500 companies, and industry leaders are convening at CIIE 2023 in Shanghai in search of new business opportunities. This year, several US government officials have also participated.