News Across Asia

UAE Directives On Maintaining Audited Financial Statements

Government May Reconsider Implementing India's Import Restrictions on Laptops, Tablets, and PCs from November 1

India may suspend its license and quota requirements on importing laptops, tablets, PCs, servers, and other electronic items under HSN 8741, opting instead for registration and monitoring in the current fiscal (FY24). We explain the import restriction policy—which is to come in effect Nov. 1—and track updates from the government that could delay or change its scope.

China's Proposed Measures to Ease Cross-Border Data Management for MNCs

We provide an overview of the current cross-border data transfer requirements and China's initiatives to facilitate cross-border data management for multinational corporations (MNCs).

Vietnam Moves to Tighten Legislation on Video Game Industry: Insights for Foreign Investors

Vietnam's MIC initiates a legislative update to enhance video game service regulations. Here's what's changing and how foreign firms can prepare.

Singapore-Australia Trade and Investment: A Strategic Review

We discuss the dynamics of Singapore-Australia trade and investment, covering mineral fuels and oil, property, and emerging sectors like the digital economy and the green transition across multiple industries.

Saudi Arabia and BRICS: The Consequences of Joining, Multilateral Trade and Prospects

Achievements of the G20 Finance Track 2023 Under India’s Presidency: Global Economic Stability, Crypto Regulation

India's 2023 G20 presidency achieved notable milestones in the finance track, focusing on international cooperation, including multilateral development bank enhancement, crypto asset policy shaping, lower and middle-income nation debt solutions, sustainable urban financing, and sustainable finance promotion.

Key Outcomes of the 2023 G20 Summit Held in India

The 18th G20 Summit of 2023 recently concluded in India saw 100% consensus around the New Delhi Declaration. We discuss key Summit outcomes.

Outcomes for Vietnam from Biden’s Visit to Hanoi

The US President was in Hanoi on Sunday and Monday to discuss upgrading US-Vietnam relations. Here are the key outcomes for Vietnam.

China Announces New Additional VAT Deduction for Advanced Manufacturing Companies 

China's tax authorities have announced a new additional 5% VAT deduction for companies in the advanced manufacturing sector.

The UAE At The G20 Summit

China’s New Draft VAT Law - How is it Different from Previous Tax Regulations?

The new draft version of the China VAT law makes some major changes to existing tax regulation. Here's how it could impact businesses.