News Across Asia

BRICS Update: Promoting Local Currency Usage in International Trade, Opposing Unilateral Actions

The BRICS nations have pressed for a rule-based international system, financial inclusion, use of local currencies in international trade, energy security, and support for climate action, among others.

Navigating Intellectual Property Rights in Indonesia: An Overview

We discuss the types of intellectual property that are afforded protection in Indonesia and the associated procedural formalities.

Hainan Carries Out Pilot Reform for Commercial Franchising

Hainan has launched a Commercial Franchise Reform Pilot Work Plan, providing several actions to promote the franchise industry within and beyond the province island

India-Australia Forge Stronger Bonds: Migration and Mobility Pact Strengthens Ties

The India-Australia migration and mobility pact intends to encourage the exchange of students, graduates, researchers, and businesspeople.

What You Need to Know About Conducting Due Diligence in India: Q&A

We discuss the due diligence priorities for foreign firms seeking to do business in India and how to identify and prepare against any possible risk exposure.

Dubai Emerges as India's Top Choice for Foreign Direct Investment

India accounted for 12 percent of the total projects announced and four percent of the FDI received by Dubai in 2022.

Explained: Netflix’s Rocky Vietnam Market Entry

Netflix has run into a number of legal and regulatory challenges entering the Vietnam market. Here's an overview and what other firms can learn from the streaming giant's experience.

China Further Expands Currency Conversion Program for MNCs

China's cash pooling pilot program has expanded to give MNCs more freedom in currency conversion and cross-border use of funds. It will reduce currency exchange risks and financial costs and helps advance the internationalization of the RMB.

What Is ‘Qualifying Income’ In The UAE Free Zone?

Singapore Allows Companies and Trusts to Adopt Virtual Annual Meetings

Singapore is now allowing companies and business trusts to adopt virtual annual general meetings (AGMs). We provide the details.

PLI 2.0 for IT Hardware in India: Application Window Opens June 1

India has notified the rules and incentives for the PLI Scheme 2.0 for IT Hardware. Companies interested can apply from June 1, 2023.

Setting Up a Business in Nusantara, Indonesia: Investor Requirements, Tax Benefits

We discuss Indonesia’s corporate establishment requirements and tax benefits for investors in Nusantara, the new capital city.