News Across Asia

Explained: Netflix’s Rocky Vietnam Market Entry

Netflix has run into a number of legal and regulatory challenges entering the Vietnam market. Here's an overview and what other firms can learn from the streaming giant's experience.

China Further Expands Currency Conversion Program for MNCs

China's cash pooling pilot program has expanded to give MNCs more freedom in currency conversion and cross-border use of funds. It will reduce currency exchange risks and financial costs and helps advance the internationalization of the RMB.

What Is ‘Qualifying Income’ In The UAE Free Zone?

Singapore Allows Companies and Trusts to Adopt Virtual Annual Meetings

Singapore is now allowing companies and business trusts to adopt virtual annual general meetings (AGMs). We provide the details.

PLI 2.0 for IT Hardware in India: Application Window Opens June 1

India has notified the rules and incentives for the PLI Scheme 2.0 for IT Hardware. Companies interested can apply from June 1, 2023.

Setting Up a Business in Nusantara, Indonesia: Investor Requirements, Tax Benefits

We discuss Indonesia’s corporate establishment requirements and tax benefits for investors in Nusantara, the new capital city.

Tax Compliance Calendar for Enterprises in India in June 2023

We provide a tax compliance calendar for June 2023 that highlights important India income tax and GST due dates and obligations.

Government Opens Applications for Semiconductor and Display Fabs under Modified Program from June 1

India has updated its flagship scheme for the semiconductor sector, with a Modified Program seeking fresh applications from new and old applicants starting June 1, 2023.

Renminbi Rising: What Foreign Firms in Vietnam Should Know

The Chinese Yuan is becoming more and more popular in international transactions as the United States dollar appreciates. Here’s what this looks like in ASEAN and Vietnam.

Investing in Wuhan, Hubei Province: China City Spotlight

In this investment profile of Wuhan, Hubei province, central China, we discuss the city’s key economic strengths, industrial ecosystem, supportive policies and incentives, and designated preferential zones to shed light on the opportunities it offers to potential investors.

Japan's Omron Healthcare to Open a Medical Device Factory in Tamil Nadu, India

In Tokyo, on May 30, the Chief Minister of Tamil Nadu, MK Stalin, oversaw the signing of an MoU between Guidance Tamil Nadu and Omron Healthcare. 

UAE Corporate Restructuring, M&A: New Tax Relief Laws