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News Across Asia

India Briefing

India’s Commerce Ministry to Soft Launch Updated E-Bank Realization Certificate for Exporters on November 15

11/14/2023

The electronic bank realisation certification (eBRC) system has been revamped by the DGFT to enable eBRC generation on self-declaration basis from exporters in India. The BRC is issued by banks to exporters as proof of payment and export.

ASEAN Briefing

Indonesia's Social Media E-Commerce Ban: Navigating Regulatory Changes

11/14/2023

Indonesia's ban on social media e-commerce transactions will significantly affect key players such as TikTok and their business development.

Vietnam Briefing

Refurbished Goods, Vietnam, and the CPTPP: Unpacked

11/13/2023

Broadly speaking, Vietnam has been averse to importing secondhand goods. However, this may soon change with refurbished goods clauses in several next-generation free trade agreements. Here’s how local regulations on the import of refurbished goods are shaping up with respect to the CPTPP.

ASEAN Briefing

Powering Progress: Indonesia Unveils Largest Floating Solar Power Plant in Southeast Asia

11/13/2023

Indonesia’s President has inaugurated Southeast Asia’s largest floating solar power plant in the province of West Java.

China Briefing

China's Outbound Investment: Recent Developments, Opportunities, and Challenges

11/13/2023

China's outbound investment has been on the rise in recent years, facing both opportunities and challenges. A measured approach is key to their success in the future.

India Briefing

North Indian State of Uttar Pradesh Releases FDI Policy, 2023: Key Provisions

11/10/2023

UP is competing with major industrial Indian states like Tamil Nadu, Gujarat, and Karnataka to attract high-value investments from sector-leading companies, establish R&D and frontier innovation projects, and build up local manufacturing ecosystems.

Vietnam Briefing

A Vietnam Olympics? Investment and Opportunities

11/10/2023

It was recently suggested that closer ties between the US and Vietnam could pave the way for Vietnam to host the Olympics. So, is the prospect of Vietnam hosting the world's biggest sporting event realistic? And, if so, how could foreign investors play a role in making it happen?

China Briefing

Employees Leave Management in Guangdong: New Regulations

11/10/2023

We address FAQs on the updated regulation on employees leave management in Guangdong, effective retrospectively from July 1, 2023.

ASEAN Briefing

Thailand Scaled-Down Subsidy Program Continues Backing for Locally Produced EVs

11/10/2023

Thailand has extended its subsidy scheme promoting the purchase of domestically manufactured electric vehicles, albeit at revised rates. Chinese automakers BYD and Changan Automobile are the latest to plan local production, targeting this growing market.

India Briefing

LLP Rules, 2009 Amended and LLP (SBO) Rules, 2023 Notified as India Tightens Disclosure Requirements

11/10/2023

India mandates LLPs to maintain a register of partners and document their beneficial interest in both tangible and intangible contributions. The notified rules indicate the mandatory time frame and updated forms for various reporting requirements.


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