News Across Asia - Page 211

India Briefing

EPFO in India Mulls Raising Monthly Minimum Wage Ceiling After a Decade

04/29/2024

India's Employees' Provident Fund Organization (EPFO) is reportedly considering raising the monthly minimum wage ceiling from INR 15,000 to INR 21,000 to improve monetary coverage and bring under its purview millions of informal workers.

India Briefing

India's Corporate Affairs Regulator Seeks Public Feedback on 7 Regulations Under Insolvency and Bankruptcy Code

04/29/2024

India's Ministry of Corporate Affairs has invited stakeholders to submit responses to seven specific regulations under the IBC, 2016 rules.

ASEAN Briefing

Indonesia Introduces Bridging Visa Policy

04/29/2024

Indonesia has introduced a new ‘bridging visa’ policy which enables foreigners to stay in the country while they are processing their resident permits.

Middle East Briefing

UAE's First Vertiport: Pioneering Advanced Air Mobility

04/29/2024

The UAE seeks to build an industry-service ecosystem around advanced air mobility (AMM) like eVTOL and other disruptive mobility solutions.

India Briefing

Goods and Services Taxes in India 2024 - New Publication Out Now

04/28/2024

India Briefing discusses how the Goods and Services Tax regime works in India, applicable rates for 2024, and reporting obligations for businesses.

Vietnam Briefing

UNDP Releases Vietnam PAPI 2023 Report: Progress on Anti-Corruption, E-Governance

04/28/2024

In the PAPI 2023 Rankings, Thua Thien-Hue Province in central Vietnam claimed the top spot among 63 localities with 46.04 points. Thai Nguyen and Bac Ninh Provinces secured second and third positions with 45.78 and 45.7 points, respectively.

Middle East Briefing

Spinneys and LuLu’s Public Offerings Pave the Way for Family-Owned Businesses

04/28/2024

Public offerings from Spinneys and LuLu Group are being hailed as game changers for the UAE market. Traditionally, IPOs in the UAE have been dominated by government utilities and private corporations.

China Briefing

Asia Transfer Pricing Brief: Q1 2024

04/26/2024

In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia's updated transfer pricing guidelines and highlight Singapore and Hong Kong's progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.

Vietnam Briefing

ESG Strategy a Key Focus Area for Foreign Businesses in Vietnam

04/26/2024

We discuss findings from the VBF’s survey of foreign business stakeholders in Vietnam, including progress and concerns over ESG priorities.

India Briefing

Clarifications Issued by the Indian Government on New EV Policy Implementation

04/25/2024

The government has clarified how India's new EV Policy will work as it seeks to tie-in subsidy/benefits to local investment and domestic value addition (DVA).

ASEAN Briefing

Prabowo Subianto Becomes Indonesian President

04/25/2024

On April 22, 2024, Indonesia’s General Election Commission officially declared Prabowo Subianto and Gibran Rakabuming Raka as the next president and vice president respectively.

Vietnam Briefing

Vietnam Exports to the US in Q1 2024 Reach US$25.77 Billion

04/24/2024

Vietnam exports to the US in the first quarter (Q1) of 2024 accounted for 27.7% of the entire export turnover of the Southeast Asian economy.