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China Briefing
China Approves 2024 Negative List for Foreign Investment Access
08/21/2024China approved the 2024 Negative List for Foreign Investment Access, further opening up its manufacturing, telecommunication, education, and healthcare sectors.
Vietnam Briefing
Vietnam Establishes National Steering Committee on Semiconductor Development
08/21/2024Vietnam's commitment to developing its semiconductor industry, bolstered by the presence of major players, promises the gradual formation of a supportive ecosystem and new opportunities for supply chain participants.
Middle East Briefing
Egypt Announces 30 GW Renewable Energy Expansion
08/21/2024Egypt aims to diversify its energy mix, reduce fuel costs, and meet the country's goal of 42 percent renewable energy by 2035.
Middle East Briefing
The UK’s New Trade Priorities and Investment Prospects in the Middle East
08/21/2024Under Prime Minister Keir Starmer and Business and Trade Secretary Jonathan Reynolds, the Labour government aims to make the UK the fastest-growing economy in the G20, with a strategic focus on expanding trade abroad to drive domestic economic growth.
ASEAN Briefing
Indonesia's Record Investment Inflows: Key Highlights from H1 2024
08/20/2024Indonesia achieved a record-breaking investment inflows in the first half of 2024, driven by significant foreign and domestic interest across key sectors.
India Briefing
India Updates Foreign Exchange Rules, Simplifies Cross-Border Share Exchanges
08/20/2024India has amended updates to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, with the goal of simplifying cross-border share exchanges and promoting the ease of doing business.
China Briefing
China July 2024 Economy: Consumption and Trade Surge Amid Sluggish Industrial Growth
08/20/2024Per the July 2024 data, China industrial output experienced a deceleration, with growth slowing compared to previous months. However, this was offset by a notable surge in consumer spending and foreign trade.
India Briefing
India’s Draft Personal Data Protection Rules Likely to be Released Within a Month
08/20/2024India is expected to release a draft of the rules under the Digital Personal Data Protection Act (DPDP Act) within a month for public consultations.
Vietnam Briefing
Vietnam’s E-Commerce Sector Outlook in 2024
08/20/2024Vietnam's e-commerce sector, while not immune to global trends, is resilient and poised for long-term growth, making it a market to watch in 2024 and beyond.
Middle East Briefing
Saudi Arabia’s PIF Eyes New Cargo Airline to Strengthen Logistics Hub Ambitions
08/20/2024In a strategic move to position Saudi Arabia as a global logistics powerhouse, the Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, is reportedly exploring the creation of a new cargo airline.
Middle East Briefing
India Pushes for Rupee-Dirham Trade Settlement to Reduce Dollar Dependence
08/20/2024India’s central bank has encouraged banks involved in transactions with the UAE to settle a portion of their trade payments directly in Indian rupees and Emirati dirhams.
Middle East Briefing
China and UAE Strengthen Economic Ties with Landmark Intellectual Property Agreement
08/20/2024On May 30, 2024, China's CNIPA and the UAE Ministry of Economy signed an MoU to enhance cooperation in the field of intellectual property.