News Across Asia - Page 192

Vietnam Briefing

Vietnam Defines E-Money for the First Time, Excludes Virtual Currencies from its Scope

06/03/2024

In effect from July 1, 2024, Decree 52 defines e-money in Vietnam as "the equivalent value in VND stored electronically," based on prepaid money deposited with banks or provided to payment service organizations and excludes virtual currencies like bitcoin.

Middle East Briefing

UAE Federal Decree No. 32 of 2021 on Commercial Companies: Key Provisions

06/03/2024

The UAE's New Companies Law (Federal Decree 32/2021), in effect since January 2022, introduced significant reforms geared towards enhancing the business environment and enticing foreign investment. We note key provisions.

India Briefing

IT Industry Embraces Tier 2 Cities for Growth and Efficiency

05/31/2024

The IT industry is continuing to approach India's Tier 2 cities for talent retention as well as capitalize on cheaper realty and wages.

China Briefing

Tax Implications for Businesses Under China's New Company Law

05/31/2024

Under the New Company Law, companies and stakeholders face new tax implications. Ahead of its implementation, thorough understanding, staying informed, and consulting legal and tax experts are essential for proactive risk management.

Vietnam Briefing

Complying with Vietnam’s Personal Data Protection Decree: New Publication

05/31/2024

'Complying with Vietnam’s Personal Data Protection Decree' discusses key legislative updates and compliance obligations for businesses and is free to download.

Middle East Briefing

How to Obtain a Virtual License to Set Up a Business in Dubai and Abu Dhabi

05/31/2024

Obtaining a virtual license to operate a business in Abu Dhabi and Dubai provides entrepreneurs access to dynamic business opportunities in these markets at reduced costs.

India Briefing

SEBI's Consultation Paper on BRSR Aims to Ease ESG Compliance

05/30/2024

India's SEBI has made suggestions in regard to the BRSR Core framework to relax norms for listed entities' value chain ESG disclosures.

India Briefing

Guide to India's Foreign Manufacturer Certification Scheme

05/30/2024

India Briefing provides you with a thorough understanding of the foreign manufacturers certification scheme (FMCS), a requirement that foreign manufacturing enterprises intending to import goods into India must adhere to.

ASEAN Briefing

Google to Invest US$2 Billion in Malaysia's Data Center and Cloud Market

05/30/2024

Google's investment in the Malaysia data center and cloud market signifies a broader trend of tech giants recognizing the Southeast Asia hub.

China Briefing

China Releases New Draft Regulations on Generative AI

05/30/2024

China is striving to regulate generative AI while promoting innovation and technological advancement. The NISSTC has issued draft regulations outlining security measures for generative AI service providers, underscoring China's commitment to responsible AI development.

Vietnam Briefing

Vietnam Unveils Ambitious Master Plan for North Central and Central Coastal Regions

05/30/2024

Vietnam's North Central and Central Coast regions, home to 11 provinces boasting extensive coastlines, stands to benefit under a new Master Plan. We provide key details.

ASEAN Briefing

Navigating Southeast Asia: Maximizing Market Entry Success Through Multi-Country Benchmarking

05/30/2024

A multi-country benchmarking study can assist Southeast Asia investors in meticulous assessment of the region's comparative advantages.