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News Across Asia

Middle East Briefing

Managing ESR Compliance in the UAE After 2024 Legal Amendments

10/28/2024

The 2024 legal amendments exempt UAE businesses from compliance under the Economic Substance Regulations (ESR) for financial periods starting after January 1, 2023. However, compliance for the 2019–2022 ESR Period is required, with records retained for six years for potential Federal Tax Authority review.

India Briefing

Navigating India-Türkiye Relations: Opportunities and Challenges

10/25/2024

India and Türkiye's relationship, while challenged by political tensions, shows potential for growth through economic collaboration, trade, and initiatives like the ADR partnership and tech visa program.

China Briefing

Leveraging Chinese Social Media for E-Commerce Growth on Shopify

10/25/2024

Expanding a Shopify store to China offers vast growth potential in its booming e-commerce market, but success depends on engaging Chinese consumers directly through social media platforms.

China Briefing

China-Belgium Trade Profile: Key Developments and Opportunities

10/25/2024

This article provides a comprehensive analysis of the latest trade dynamics between Belgium and China, examines emerging trends, and identifies high-potential sectors.

ASEAN Briefing

Navigating Cambodia’s 2025 Holiday Schedule: Key Dates for Foreign Investors

10/25/2024

Plan your business activities in Cambodia with our 2025 holiday guide. Key dates and insights for smooth operations.

Vietnam Briefing

E-Invoice Compliance in Vietnam: Regulations, Requirements, and Best Practices

10/25/2024

Vietnam mandates the use of electronic invoice (e-invoice) for all taxpayers. This article provides essential guidance and notes the step-by-step compliance requirements for businesses implementing e-invoicing.

India Briefing

End of India-China Border Standoff Signals Hope for Cross-Border Business Engagement

10/25/2024

India and China have hit a diplomatic reset at the Kazan BRICS Summit, resolving to end their prolonged military standoff in Ladakh. We discuss the implications for Asia's two biggest economies and the expectations of business and industrial stakeholders.

Middle East Briefing

New Saudi Arabia-China SEZ to Boost Cross-Border Trade, Light Industries

10/25/2024

Located within King Salman International Airport, the Saudi-China Special Economic Zone will feature a logistics and light industrial park to bolster local supply chains, an international trade hub for streamlined business services, and a residential zone with quality facilities for employees and families.

China Briefing

Understanding China's Key Economy Indicators for Q3 2024

10/24/2024

China's economy reached RMB 94,974.6 billion (US$13,004.3 billion) in Q3 2024, growing by 4.6% year-on-year. Despite challenges in the real estate sector and weak consumer demand, September data indicates a stabilization of economic activity.

Vietnam Briefing

Vietnam’s Natural Resource Tax 2024

10/24/2024

Companies engaged in the extraction of natural resources in Vietnam are subject to tax obligations on these resources. Here's what they are.

China Briefing

China's GDP Grows by 4.8% in the First Three Quarters of 2024

10/24/2024

China's GDP grew by 4.8 percent in the first three quarters of 2024, according to the NBS data. By quarter, the GDP grew by 5.3%, 4.7%, and 4.6% from Q1 to Q3, respectively.

ASEAN Briefing

Market Opportunities in Indonesia for Indian Investors

10/24/2024

Explore the commercial, industrial, and R&D opportunities available to Indian businesses and startups in Indonesia's expanding economy, driven by digitization, infrastructure modernization, and recent legal reforms.

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