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China Briefing
China-Switzerland Economic Ties: Trade and Investment Highlights
09/27/2024China and Switzerland's economic ties have grown, with trade exceeding RMB 416.93 billion (US$57.34 billion) in 2023. The Free Trade Agreement, currently under update, strengthens key sectors like pharmaceuticals, machinery, and luxury goods.
China Briefing
China-Thailand Economic Ties: Trade and Investment Opportunities
09/27/2024China and Thailand maintain a robust economic relationship, with bilateral trade reaching US$126.3 billion in 2023. China is Thailand’s largest trading partner and top foreign investor, supported by partnerships such as the ASEAN-China FTA and RCEP.
Vietnam Briefing
Vietnam Fintech and Payroll Innovation: Understanding the Concept of Earned Wage Access Services
09/27/2024Earned Wage Access (EWA) services is a relatively new fintech concept in Vietnam, aligning with policies aimed at promoting financial inclusion. Although this service segment is still in its early development stage, it has the potential to provide financial services and products to a significant underbanked population that often relies on dubious loan providers.
India Briefing
India Shortens Deadline for Filing CSR-2 Return: MCA Notification
09/27/2024Companies in India that report their corporate social responsibility expenditure must file the CSR-2 Return for FY 2023-24 by December 31, 2024.
India Briefing
Corporate Social Responsibility in India
09/27/2024India became one of the first countries to mandate corporate social responsibility on April 1, 2014. Certain companies are required to allocate a portion of their profits to areas such as education, poverty alleviation, gender equality, and hunger mitigation programs.
India Briefing
Corporate Social Responsibility in India
09/27/2024India became one of the first countries to mandate corporate social responsibility on April 1, 2014. Certain companies are required to allocate a portion of their profits to areas such as education, poverty alleviation, gender equality, and hunger mitigation programs.
India Briefing
A Guide to Minimum Wage in India in 2024
09/27/2024We answer some frequently asked questions foreign hiring managers may have regarding the minimum wage in India. Several states in India have updated their minimum wages as of October 2023.
China Briefing
Accounting Digitalization in China: Managing the Impact of Fully Digitalized E-Fapiao and the New Accounting Law
09/26/2024China's accounting is transforming with digitalization of the e-fapiao and the new Accounting Law, improving efficiency and compliance. Enterprises must adopt digital tools for accurate financial management and regulatory adherence.
Vietnam Briefing
Vietnam’s First Draft of New Personal Data Protection Law (PDPL) Released for Public Comments
09/26/2024On September 24, 2024, the Vietnamese government issued the first draft of a new Law on Personal Data Protection (PDPL) for public feedback. The draft law has more stringent provisions than the Personal Data Protection Decree and is potentially set to take effect from January 1, 2026.
China Briefing
Navigating China's F&B Market: Key Growth Trends and Opportunities
09/25/2024China's F&B market offers significant growth opportunities, attracting foreign companies despite intense competition. Success depends on adapting to evolving consumer trends and driving innovation.
India Briefing
India Extends Import Management System for IT Hardware Until December 31, 2024
09/25/2024India's DGFT has announced the extension of the current import management system (IMS) for IT hardware products till the end of December 2024.
Vietnam Briefing
Insights into the Vietnam Workforce in 2024: Key Takeaways for Businesses
09/25/2024We explore key shifts and attitudes among the Vietnam workforce in 2024 per recent reports as they cope with technology-led workplace transformation, pursue meaning work in areas of green-impact and sustainability, and increasingly seek work-life balance.