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News Across Asia

Vietnam Briefing

Northern Vietnam Industrial Parks: Benefits and Challenges

08/02/2024

We discuss what to expect when establishing a manufacturing plant or factory in one of northern Vietnam’s industrial parks.

India Briefing

Toyota Proposes Greenfield Investment in Maharashtra, Part of Diversification Strategy in India

08/01/2024

Toyota Kirloskar Motor (TKM) plans to set up a new manufacturing plant in Maharashtra, marking a key step in expanding its presence in India.

ASEAN Briefing

Vietnam Extends VAT Cut Until 2024

08/01/2024

Vietnam's Decree 72/2024 extends the 2% VAT reduction on specific goods and services to the end of 2024, lowering operational costs and boosting economic growth for eligible sectors.

China Briefing

New Draft Measures to Further Clarify Implementation of China’s Amended Company Law

08/01/2024

The draft measures clarify requirements for company registration, removal of personnel, payment of registered capital, and many other rules under the amended Company Law.

Middle East Briefing

UAE FTA Network: Key Agreements in Place, Under Negotiation

08/01/2024

The United Arab Emirates (UAE) has a comprehensive free trade agreement (FTA) framework that includes both bilateral and multilateral agreements.

ASEAN Briefing

Indonesia Launches Golden Visa to Drive Investment

08/01/2024

Indonesia’s Golden Visa offers long-term residency to global investors, skilled professionals, and retirees.

Middle East Briefing

GCC and Turkey Launch Free Trade Agreement Negotiations in Ankara

07/31/2024

Turkey and the GCC countries seek to boost inter-regional economic ties, potentially creating one of the world's largest FTAs with a US$2.4 trillion trade opportunity.

India Briefing

Customs Duty in India: Rate Changes Under Union Budget 2024 to Boost Local Manufacturing

07/31/2024

In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman proposed reducing or removing customs duties on various items and announced a comprehensive review of the customs duty rate structure to simplify trade.

China Briefing

China's 72/144-Hour Visa-Free Transit Policy Expanded To 54 Countries, Norway Added

07/31/2024

China’s 72/144-hour visa-free transit policy has been expanded to 54 countries. Norway was added to the list starting from November 17, 2023.

China Briefing

China's Industrial Power Rates: A Guide for Investors

07/31/2024

China’s industrial power rates depend upon the category of industry, type of electricity usage, region where it is located, time of use, as well as charging method that the company chooses to go along with.

Vietnam Briefing

Vietnam Construction Material Sector: Growth Drivers and Challenges

07/31/2024

A surge in infrastructure projects and urban growth is boosting the demand for construction material in Vietnam. Here's what construction firms need to know to take advantage of this opportunity.

China Briefing

China Further Expands the 144-Hour Visa-Free Transit Policy- A Complete Guide

07/31/2024

China has expanded the 144-hour visa-free transit to more cities and ports, with Zhengzhou in Henan Province and 8 more cities in Yunnan Province being able to benefit from this policy as of July 15, 2024.

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