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ASEAN Briefing
Malaysia Plans New Port on Malacca Strait
06/19/2024Malaysia plans to build a new container port in the state of Negeri Sembilan on the western coast of the Malay Peninsula and facing the Malacca Strait.
Middle East Briefing
Abu Dhabi Courting Major UK Hedge Funds
06/19/2024Abu Dhabi's financial center is reportedly in talks with over 60 global finance firms, such as the UK's Marshall Wace and Capula Investment Management, who are interested in establishing a presence in the UAE capital.
Middle East Briefing
Dubai-Based Ports and Logistics Giant DP World Plans US$3bn Investments into Africa by 2029
06/19/2024Nine of the world's 20 fastest-growing economies in 2024 are in Africa, attracting companies like DP World despite challenges.
Middle East Briefing
UAE Midday Break for Open-Air Workers Begins June 15 - Employer Obligations
06/19/2024UAE employers are obliged to ensure the 12:30 to 15:00 midday break for open-air workers from June 15 to September 15, 2024. The Ministry of HR and Emiratisation has also released a list of exemptions and worker amenities to be provided in such scenarios.
China Briefing
China May 2024 Economic Roundup: Consumption and Trade Rebound Amid Slowing Industrial Output
06/18/2024China experienced an uptick in consumption and trade in May, driven by rising domestic demand, while industrial output slowed.
Vietnam Briefing
HCMC Announces Labor and Employment Strategy Through 2025: Key Goals
06/18/2024HCMC's labor and employment strategy for 2023-2025, with a vision to 2030, has identified eight areas for human resource development, highlighting key priority skill development roles and anticipated technology disruptors that may attract foreign investors in the education and skills development sector.
India Briefing
India’s Technology Spending to Reach US$54.5 Billion in 2024: Report
06/18/2024India's technology spending is expected to reach approximately US$54.5 billion in in 2024, outpacing other Asia Pacific regions.
China Briefing
China’s 2024-25 Energy Conservation and CO2 Reduction Plan - Compliance Considerations for Businesses
06/17/2024Companies in heavily polluting industries may come under increased pressure to help meet China's emissions reduction targets for 2024 and 2025.
Vietnam Briefing
Vietnam-U.S. Trade and Investment Relations
06/17/2024We discuss bilateral trade and investment relations between Vietnam and the U.S. and prospects under their Comprehensive Strategic Partnership.
India Briefing
IT/ITES in Karnataka Get Labor Law Exemption for Five More Years
06/17/2024Companies in the IT/ITES sector and knowledge industries in Karnataka will be exempted from provisions of the Industrial Employment (Standing Orders) Act till June 10, 2029.
Middle East Briefing
Economic Substance Regulations in the UAE 2024: Key Insights and Deadlines
06/17/2024The UAE's Economic Substance Regulations require entities engaged in specified activities to submit annual notifications and reports. We discuss the compliance requirements and deadlines for 2024.
China Briefing
China-Australia Relations: Opportunities, Challenges, and Latest Updates
06/17/2024We discuss the China-Australia bilateral relationship and future possibilities and challenges facing trade and investments between the two markets.