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News Across Asia

China Briefing

Navigating China’s Evolving Approach to Human Genetic Resources: Insights on Regulatory Changes

06/04/2024

China has transferred the management of human genetic resources to the National Health Commission, aiming to streamline regulations and foster biotech innovation by balancing oversight and reducing bureaucratic burdens. This shift is expected to enhance international collaboration, attract foreign investment, and expedite drug development in China.

Vietnam Briefing

The Laboratory Market in Vietnam: Current Trends and Future Prospects

06/04/2024

The laboratory market in Vietnam is growing rapidly due to rising investment, healthcare awareness, and industrial testing requirements.

ASEAN Briefing

Singapore's Business Future: Lawrence Wong at the Helm

06/04/2024

We analyze Singapore's economic and political landscape under new Prime Minister Lawrence Wong, highlighting both the challenges and enduring strengths that make it attractive to foreign investors.

Middle East Briefing

Setting Up a Free Zone Establishment (FZE) in Jafza: A Guide

06/04/2024

With no foreign ownership restrictions, Jebel Ali Free Zone (Jafza) in Dubai appeals to international investors in the region.

India Briefing

Leave Management in India: Key Considerations for Employers and Employees

06/03/2024

India Briefing explains the leave management process in the country and best practices for employers and employees.

India Briefing

India's Electronics Exports to Hit US$61 Billion by 2030

06/03/2024

Electronics exports from India is growing rapidly owing to increased import interest shown by U.S. and UAE markets, among others. We discuss factors shaping this trend and challenges that could dent India's export ambitions.

China Briefing

China Monthly Tax Brief: May 2024

06/03/2024

Highlights from this monthly China tax brief include the new beneficiary owner reporting rules to be effective from November 1, 2024, the expanded tax incentives in the Qianhai Cooperation Zone, and the advance tax ruling measures implemented in Beijing and Maoning City.

Vietnam Briefing

Vietnam Defines E-Money for the First Time, Excludes Virtual Currencies from its Scope

06/03/2024

In effect from July 1, 2024, Decree 52 defines e-money in Vietnam as "the equivalent value in VND stored electronically," based on prepaid money deposited with banks or provided to payment service organizations and excludes virtual currencies like bitcoin.

Middle East Briefing

UAE Federal Decree No. 32 of 2021 on Commercial Companies: Key Provisions

06/03/2024

The UAE's New Companies Law (Federal Decree 32/2021), in effect since January 2022, introduced significant reforms geared towards enhancing the business environment and enticing foreign investment. We note key provisions.

India Briefing

IT Industry Embraces Tier 2 Cities for Growth and Efficiency

05/31/2024

The IT industry is continuing to approach India's Tier 2 cities for talent retention as well as capitalize on cheaper realty and wages.

China Briefing

Tax Implications for Businesses Under China's New Company Law

05/31/2024

Under the New Company Law, companies and stakeholders face new tax implications. Ahead of its implementation, thorough understanding, staying informed, and consulting legal and tax experts are essential for proactive risk management.

Vietnam Briefing

Complying with Vietnam’s Personal Data Protection Decree: New Publication

05/31/2024

'Complying with Vietnam’s Personal Data Protection Decree' discusses key legislative updates and compliance obligations for businesses and is free to download.

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