News Across Asia - Page 211

Vietnam Briefing

Vietnam Proposes Regulatory Sandbox for Banking Sector: Draft Decree Guidelines

04/05/2024

A new Vietnam Draft Decree proposes a Regulatory Sandbox in the banking sector focused on three solutions, provided either by credit institutions or fintech companies – credit scoring, open application programming interface (API), and P2P lending.

Middle East Briefing

Oman Establishes Financial Services Authority: Key Highlights and Implications

04/05/2024

Oman is establishing the Financial Services Authority (FSA), which will replace the Capital Market Authority.

Middle East Briefing

Investopia 2024 Launches “Next50” Initiative to Support Innovative Companies in the UAE

04/05/2024

On April 1, 2024, Investopia UAE launched its new “Next50” initiative, in collaboration with the emerging market research center EMIR.

India Briefing

India's Investment Appeal Stays Bright: Findings from EIU Report

04/04/2024

India is among the top three most improved investment destinations, according to a recent report from the Economist Intelligence Unit, which attributes the country's appeal to its domestic market size and workforce capacity.

ASEAN Briefing

Indonesia's Minimum Wage Rates for 2024

04/04/2024

Indonesia’s Ministry of Manpower announced the increase of minimum wages across the country for 2024.

ASEAN Briefing

Malaysia’s Sales and Service Tax Increase: What Industries are Impacted?

04/03/2024

Malaysia has officially increased the sales and services tax rate from six percent to eight percent, which will impact several industries such as finance and leisure.

Vietnam Briefing

Vietnam’s State of the Economy: Q1 2024 Report

04/03/2024

Vietnam's economy saw GDP y-o-y growth at 5.66% and an FDI uptick at 13.4% (as of March 20) in the January-March quarter of 2024 (Q1 2024).

India Briefing

Investing in Assam State, India

04/03/2024

We profile the investment climate of Assam, the largest state in India's Northeast region, and an emerging semiconductor manufacturing base.

China Briefing

China Releases Technical Standards Guiding the Classification of “Important” Data

04/03/2024

A new set of data classification technical standards will help companies and regulators in China identify different types of data for regulatory compliance.

Vietnam Briefing

Vietnam’s National Electricity Development Plan 2021-2030: Roadmap Approved

04/03/2024

Vietnam's government has approved a roadmap to implement the National Electricity Development Plan 2021 to 2030, with a vision to 2050. We discuss key points in the plan and ongoing regulatory efforts in the power sector.

India Briefing

India's ITR Forms for AY 2024–25: Key Updates

04/03/2024

India's Income Tax Department has released ITR Forms 1-6 for AY 2024–25 and is enabling e-filing mechanisms according to reporting deadlines.

Middle East Briefing

UAE Mulls 10-Year “Golden License” to Boost Business Continuity

04/03/2024

Government ministers and stakeholders are discussing the potential implementation of a so-called “golden license” for business in the UAE.