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Vietnam Briefing
Vietnam Labor Market Report for H1 2024
07/26/2024The Vietnam labor market showed positive trends in H1 2024, with increased employment opportunities and salary growth. Additionally, the proportion of Vietnamese workers holding degrees or certificates rose to 28.1 percent in the second quarter of 2024.
ASEAN Briefing
Indonesia Strengthens Pharma Sector with Novo Nordisk Partnership
07/25/2024Novo Nordisk’s partnership with Bio Farma underscores Indonesia’s expanding role in biopharmaceuticals and local insulin production.
China Briefing
China’s Third Plenum – Key Takeaways for Foreign Investors
07/25/2024The Third Plenum vowed to implement myriad reform policies by 2029 to grow the economy, improve the private sector, boost foreign investment, reform the tax regime, and more.
India Briefing
India to Consider Easing Rules for FDI and Overseas Investments
07/25/2024India's Department for Promotion of Industry and Internal Trade (DPIIT) will establish strict timelines for various government agencies and departments to expedite the clearance of foreign direct investment (FDI) proposals in prioritized sectors.
Middle East Briefing
Red Sea Security Concerns Hit Suez Canal Earnings
07/25/2024Suez Canal earnings fell nearly 25 percent from July 2023 to June 2024 as shipping companies chose alternative routes to avoid Houthi attacks in the Red Sea.
Middle East Briefing
Oman Labor Authority Prohibits Expat Hiring in 30 Professions, Details Awaited
07/25/2024The Ministry of Labor (MoL) has announced that 30 new professions will be reserved exclusively for Omanis. However, details are awaited before the regulation comes into effect in September.
India Briefing
India to Abolish 2% Equalisation Levy on Non-Resident Digital Companies from August 1, 2024
07/24/2024India will abolish the 2 percent equalization levy on a broad range of services provided by offshore technology firms from August 1, 2024.
India Briefing
India's Union Budget 2024-25: Key Announcements
07/24/2024India's Union Budget 2024 has introduced measures targeting education, employment, skilling, and the middle class. Nine priority sectors have been identified and key changes introduced to the capital gains tax regime.
India Briefing
Top Off-Plan Projects in Sharjah for Indian Buyers
07/24/2024Discover top off plan projects in Sharjah for Indian buyers. Explore luxurious apartments, villas, and townhouses in thriving communities.
China Briefing
China's Futuristic Industries: Investment Prospects in the Emerging Low-Altitude Economy
07/24/2024Key regions like Guangdong, Shenzhen, and Chengdu are spearheading development through substantial investments and regulatory support, despite challenges in infrastructure and safety.
ASEAN Briefing
Indonesia Explores Revisions to Enhance Micro Loan Subsidy Program
07/23/2024Indonesia is considering revisions to its micro loan subsidy program while debating the reinstatement of a COVID-era loan restructuring policy.
China Briefing
China Offers Special Equipment Tax Incentive for Green and Digital Development
07/23/2024The new incentive allows companies to deduct investments in digital and smart upgrades of special equipment from their corporate income tax.