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China Briefing
China’s Industry Clusters - A Comprehensive Overview
07/04/2024China's industry clusters foster economic growth by enhancing efficiency, innovation, and competitiveness through geographic concentration of interconnected businesses, suppliers, and institutions.
India Briefing
Andhra Pradesh Reignites Amaravati Capital City Ambition
07/03/2024The Andhra Pradesh government has issued a gazette notification on the Amaravati Government Complex Master Plan, reviving the new capital project nearly a decade after Telangana's bifurcation. We discuss the stakes involved as Hyderabad will no longer be the joint capital of the states of Andhra Pradesh and Telangana from June 2, 2024.
ASEAN Briefing
Overhaul for Malaysia's My Second Home Program: What You Need to Know
07/03/2024Malaysia's MM2H program introduces a three-tier system with mandatory property purchases and revised visa requirements.
Vietnam Briefing
Vietnam Considers E-Invoicing for Livestream Sales: Advisory for Businesses
07/03/2024Vietnam wants to update existing regulation to ensure e-invoicing for livestream sales and strengthen tax scrutiny in the e-commerce sector.
China Briefing
China Offers 5-Year Mainland Travel Permit to Non-Chinese Hong Kong and Macao Permanent Residents
07/03/2024Starting July 10, 2024, a five-year multi-entry travel permit can be applied by non-Chinese permanent residents of Hong Kong and Macao, to facilitate travel to the Chinese mainland.
Middle East Briefing
UAE Firms Report Increase in New Orders Even as June PMI Dips Slightly
07/03/2024The S&P’s Purchasing Managers Index (PMI) for UAE in June revealed a score of 54.6, slightly down from May's 55.3, but still indicative of robust business activity within the UAE economy.
Middle East Briefing
Transfer Pricing Compliance in UAE Free Zones
07/03/2024Transfer pricing compliance in the UAE Free Zones ensures transactions between related entities reflect fair market value, aligning with international tax standards and the UAE Economic Substance Requirements.
India Briefing
Hyundai India's Strategic IPO Entry to Strengthen Position in the Domestic EV Market
07/02/2024Hyundai India's IPO listing is anticipated to be the largest ever in the Indian market, valued at US$2.9 billion. Investment banks like Citi, JP Morgan, HSBC, Morgan Stanley, and Kotak are advising Hyundai on the IPO entry.
Vietnam Briefing
Vietnam Calls for Chinese Support in Advancing Rail Projects
07/02/2024The Vietnam government is seeking more Chinese investments and technological support in advancing national and cross-border rail projects, which will both reduce logistics costs and provide effective public transportation.
China Briefing
Navigating China’s New Employment Trends and Implications
07/02/2024New employment trends are emerging in China's labor market amid structural challenges. Businesses should stay agile, invest in talent, and adapt to changing market dynamics to accommodate the implications.
Middle East Briefing
Compliance Requirements After Incorporation in the UAE
07/02/2024We discuss some of the reporting tasks and compliance obligations that companies must manage after incorporating a business in the UAE.
China Briefing
China Issues Judicial Interpretations on the New Company Law's Applicability and Retrospective Effect
07/02/2024The final version of the 2023 China Company Law came into effect July 1, 2024 and the Supreme People's Court has issued judicial interpretations regarding the application and effectiveness of the Company Law. While adhering to the principle that laws do not apply retroactively, the Interpretations clarify situations where provisions of the New Company Law take precedence.