News Across Asia

China to Resume Pilot Outbound Tours to Selected Countries 

As China will resume outbound pilot tours in early February, there is hope for an immediate rebound in the tourism industry outlook for 2023.

Thailand Opens First Digital Free Trade Hub

The Smart Digital Hub will host bonded warehouses storing Chinese products to be sold in Thailand and Thai products to be shipped to Chinese consumers to be sold on Alibaba platforms.

China has a New Plan to Strengthen its Data Economy

A new set of guidelines provides details on building basic data systems in China. We explain their significance for foreign investment.

Vietnam’s Revised Insurance Law Opens Sector Further for Foreign Firms

Foreign firms can now own 100 percent of the charter capital in an insurance enterprise in Vietnam. Here’s what that means for foreign firms.

Cryptocurrency To Play ‘Major Role’ In UAE Global Trade – Minister of Foreign Trade

New Shipping Board in India to Fix Tariff at Major Ports, Adjudicate PPP Disputes

We discuss the launch of the Major Ports Adjudicatory Board and how it will assist port logistics in India and streamline PPP operations.

China Records Steady FDI Growth in 2022

Foreign direct investment in China grew at a slowed but steady pace in 2022. We look at the latest FDI data and discuss the factors that could drive investment in 2023.

World Muslim Communities Council Creates Western Uproar By Visiting China’s Xinjiang Province

A Guide to Taxation in Singapore

Singapore adopts a territorial basis of taxation and so businesses are taxed only on Singapore-sourced income.

Saudi Arabia To Trade In Currencies Other Than The US Dollar

India's Merchandise Trade Crosses the US$1 Trillion Mark in 2022

As India's merchandise trade crosses the US$1 trillion mark in 2022, we provide an analysis of trends and figures surrounding Indian trade.

Chinese New Year 2023 - Travel, Consumption, and Post-COVID Recovery

Chinese New Year 2023 will be the first time in three years many people can travel, but will the lifting of COVID restrictions really bring a rebound in travel and consumption?