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ASEAN Briefing
Cambodia Raises Minimum Wage for Garment and Footwear Sectors in 2025
09/25/2024Cambodia will raise the minimum wage for the garment and footwear sectors to $208 per month in 2025.
Middle East Briefing
Egypt Introduces Business-Friendly Tax Relief Measures to Boost Economic Growth
09/25/2024A key reform is the introduction of a simplified tax regime for businesses with an annual turnover of up to EGP 15 million. For international companies, the government has raised the threshold for the preparation and submission of transfer pricing studies to EGP 30 million.
China Briefing
China’s August 2024 Economy: Record Export Growth Amid Domestic Challenges
09/24/2024In August, China saw a notable surge in exports, highlighting strength in foreign trade, while industrial production and fixed asset investment lagged overall.
ASEAN Briefing
Key Changes in Indonesia's Franchise Laws
09/24/2024Learn about the key changes to Indonesia's franchise laws via regulation GR 35/2024 and how they impact franchisors, franchisees, and MSMEs.
Vietnam Briefing
The Footwear Market in Vietnam: Trends and Opportunities
09/24/2024The footwear market in Vietnam is on a steady growth trajectory, driven by an expanding customer base, growing middle-class population, and evolving preferences. We discuss the key market trends and Vietnam consumer outlook to 2030.
Middle East Briefing
GCC Central Banks Follow US Fed in Rate Cuts
09/24/2024Following the recent decision by the US Federal Reserve to lower its benchmark interest rate by 50 basis points, GCC central banks have implemented similar cuts.
Middle East Briefing
Oman’s Strategic Move to Attract Foreign Investment: Exploring the New Opportunities
09/24/2024Oman, under the stewardship of Invest Oman, has unveiled a series of strategic investment opportunities worth over OMR 166 million (approx. US$430 million) in the manufacturing sector.
ASEAN Briefing
Proposed Amendments to Singapore's Income Tax Act
09/23/2024Learn about the key updates in Singapore’s Income Tax (Amendment) Bill 2024, impacting trusts, funds, and REITs.
Vietnam Briefing
Samsung's US$1.8 Billion Investment to Boost Vietnam's OLED Manufacturing Capacity
09/23/2024Samsung Display Co. will invest an additional US$1.8 billion in a new OLED manufacturing plant in Bac Ninh province in northern Vietnam. This is in keeping with Samsung's commitment to invest around US$1 billion per year in Vietnam.
India Briefing
A Promising Future for India-Finland Collaboration
09/23/2024In 2024, India and Finland celebrate 75 years of diplomatic ties, marking evolving partnerships in digitalization, sustainability, and innovation.
India Briefing
India’s Emerging Semiconductor Ecosystem: Key Players
09/23/2024India aims to become a notable semiconductor manufacturing hub to reduce import dependencies in electronics production and frontier sectors. We note prominent distributor partners crucial for driving semiconductor adoption and growth across industries as well as beneficiaries under the India Semiconductor Mission.
Middle East Briefing
The UAE's National In-Country Value (ICV) Program: A Comprehensive Guide to Certification and Registration
09/23/2024The UAE's National In-Country Value (ICV) Program fosters local economic growth by encouraging investments, employment of Emiratis, and sourcing from domestic suppliers.