News Across Asia - Page 2

China Briefing

Hong Kong’s Evolving Double Tax Agreement (DTA) Network 2026

03/04/2026

Hong Kong’s double tax agreement network has reached a new milestone, with fresh treaties and active negotiations shaping the 2026 outlook. Understanding how Hong Kong’s DTAs work is essential for investors and multinationals planning cross-border operations.

India Briefing

India-Canada CEPA 2026: Modi-Carney Sign Terms of Reference, Target US$50 Billion Trade by 2030

03/03/2026

India and Canada have set a course to mend diplomatic ties after three years of strained relations. The prime ministers of both countries announced the launch of negotiations for the Comprehensive Economic Partnership Agreement (CEPA), advancing trade, investment, and strategic cooperation.

Middle East Briefing

Kuwait Amends National Military Service Law Through New Decree

03/03/2026

Kuwait has amended its national military service law through Decree-Law No. 9 of 2026, clarifying eligibility rules, exemptions, and administrative procedures to address implementation gaps. The revised framework applies compulsory service to Kuwaiti males turning 18 starting with those born on January 1, 2012, while exempting earlier cohorts and cancelling non-compliant procedures.

ASEAN Briefing

Corporate Tax Risks in Vietnam: What Foreign-Owned Companies Get Wrong and How to Mitigate Exposure

03/03/2026

Foreign-owned companies in Vietnam face tax risks beyond the 20% CIT rate, requiring careful assessment of transfer pricing, incentives, VAT, and enforcement exposure.

India Briefing

India Revises External Commercial Borrowing Framework with 2026 FEMA Amendment: Notes for Businesses

03/03/2026

The RBI’s 2026 ECB amendments raise borrowing limits to USD 1 billion, simplify compliance, and restructure India’s cross-border financing framework.

China Briefing

Hong Kong Expected to Introduce Virtual Asset Licensing Regime in 2026

03/03/2026

Hong Kong is preparing to introduce a comprehensive licensing regime for virtual asset service providers covering dealing, custody, advisory, and asset management activities. The framework will significantly raise compliance expectations for operators seeking to serve Hong Kong clients.

India Briefing

Iran Conflict Raises Oil, Rupee, and Trade Risks for India’s Economy

03/03/2026

With over 80 percent oil import dependence and significant Gulf trade exposure, India faces multi-layered risks from the escalating Iran conflict, spanning freight costs, aviation disruption, remittance sensitivity, and equity market volatility.

China Briefing

Labor Trends and Risk Management in China 2026 - New Publication Out

03/03/2026

China’s labor landscape in 2026 reflects a move toward selective hiring, stronger documentation requirements, and increasingly deliberate workforce planning. This edition provides actionable insights for navigating compliance risks and building resilient employment structures.

Vietnam Briefing

Decree 29/2026: Vietnam Operationalizes its First Carbon Trading Market

03/03/2026

Vietnam launched its first carbon trading exchange, establishing an operational framework and piloting GHG quota allocation for 2025–2026.

Vietnam Briefing

Iran Conflict and Vietnam’s Economy: Early Impacts on Energy Costs, Logistics, and Export Supply Chains

03/02/2026

Vietnam, though geographically distant from the Iran conflict, is likely to experience economic spillovers due to its ties to global energy markets and transportation networks.

China Briefing

China Issues New Production Licensing Rules for Infant Formula Liquid Milk

03/02/2026

China has released new detailed rules governing production licensing for infant formula liquid milk, tightening regulatory oversight in the special foods sector.

Middle East Briefing

The Strait of Hormuz Crisis: What the Iran Conflict Means for Energy, Shipping, and Business in the Middle East

03/02/2026

As the Iran military response triggers a de facto closure of the world's most critical oil chokepoint, the Strait of Hormuz, businesses across the world face immediate and cascading consequences.