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ASEAN Briefing
Indonesia's VAT Rate to Increase in 2025: How Businesses Can Get Ready
06/14/2024The Indonesian government is expected to impose a 12 percent VAT in 2025, an increase of 1 percentage point from the current VAT rate.
China Briefing
China’s Wine Market Outlook: Trends and Opportunities
06/14/2024China's wine market, with new trends and shifting consumption patterns, present opportunities for foreign wine producers and exporters.
ASEAN Briefing
Navigating Indonesia's Housing Savings Program: What You Need to Know
06/14/2024Indonesia’s government plans to introduce a mandatory public housing savings program (Tapera) for employees in the private sector and those who are self-employed.
Vietnam Briefing
Vietnam Sets Record for Newly Established Firms in the First Five Months of 2024
06/14/2024Nearly 65,000 firms entered the Vietnam market in the first five months of 2024 - the highest record ever with a 4.5 percent y-o-y increase.
India Briefing
India to Propel South Asia as Fastest Growing Region: World Bank
06/13/2024According to the latest projection of the World Bank, India's GDP is expected to grow at an average annual rate of 6.7% from 2024 to 2026.
India Briefing
India-Qatar Investment and Trade Relations
06/13/2024India is keen to attract greater investments from Qatar, tapping its sovereign wealth fund - QIA - for funding opportunities in the energy supply chain as well as across agriculture, startups, education, and renewables sectors.
China Briefing
New Data Security Risk Assessment Rules for Industry and Information Technology Sectors
06/13/2024New trial rules clarify data security risk assessments requirements for companies processing core and important data in the industrial and IT fields.
India Briefing
Discussions for a New Electronic Components PLI Scheme in India: What We Are Hearing
06/12/2024India is reportedly considering a new PLI scheme for electronic components, targeting a local value addition of 35-40 percent.
Vietnam Briefing
Vietnam’s 2024 Law on Credit Institutions
06/12/2024The 2024 Law on Credit Institutions, in effect from July 1, will improve the security of Vietnam's credit institutions by strengthening risk prevention measures, increasing oversight of credit entities, and deterring cross-ownership and undue influence in the sector.
ASEAN Briefing
Singapore-China Bilateral Relations: Trade and Investment Outlook
06/12/2024The evolving trade and investment landscape between Singapore and China showcases enduring cooperation while highlighting emerging challenges.
China Briefing
China’s National Financing Credit Service Platform: Insights and Impact
06/12/2024China has actively developed a National Financing Credit Service Platform to bolster the private sector by enhancing financial support. The credit enhancement services and risk-sharing capital pools can help foreign businesses enhance their operations and financial strategies.
Vietnam Briefing
HCMC, Hanoi Among World’s 10 Fastest-Developing Cities: New Report
06/12/2024HCMC and Hanoi rank second and sixth, respectively, among the world’s fastest-developing cities, per the Growth Hubs Index by Savills property consultancy.