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News Across Asia

ASEAN Briefing

Malaysia Issues Incentives for Forest City Financial Zone

10/02/2024

Discover the incentives offered by Malaysia's Forest City Financial Zone, designed to attract global businesses and talent.

China Briefing

China Issues New Regulations on Network Data Security Management, Effective January 1, 2025

10/02/2024

On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.

ASEAN Briefing

Singapore’s New Workplace Fairness Law: What Employers Need to Know

10/01/2024

Learn how Singapore’s proposed Workplace Fairness Legislation will reshape employment practices by banning discrimination and enforcing grievance processes.

Vietnam Briefing

Major Upgrade of Vietnam's Port System Under Decision No. 442/QD-TTg

10/01/2024

Vietnam aims to upgrade its port system by 2030, targeting an annual cargo capacity of 1.25 to 1.5 billion tons per Decision No. 442/QD-TTg.

Vietnam Briefing

IMF Projects 6.1% Growth for 2024 for Vietnam Amid Challenges

10/01/2024

In its September report, the IMF revised its GDP growth forecast for Vietnam in 2024 up to 6.1%, with GDP reaching US$468.5 billion.

India Briefing

Managing CSR Obligations in India: Company Best Practices

10/01/2024

Adopting certain best practices can help companies meet their corporate social responsibility (CSR) obligations, build a positive reputation, and make meaningful contributions to socioeconomic welfare and sustainable development.

China Briefing

Zhejiang Province Extends Marriage Leave to 13 Days

10/01/2024

Amid Zhejiang’s recent extension of marriage leave from 3 days to 13 days, we provide a comprehensive table of marriage leave policies across China’s major provinces.

Middle East Briefing

UK FDI Interest in the GCC Markets: Opportunities for Strategic Growth

10/01/2024

The Gulf Cooperation Council countries present a fertile ground for UK foreign direct investment, with opportunities across diverse sectors from renewables to healthcare to technology. These prospects will foster greater business collaboration, market penetration, and job creation, and are fueling the UK's drive to secure a free trade agreement with the GCC.

ASEAN Briefing

Indonesia Reduces Local Content Requirements to Boost Green Energy Investments

09/30/2024

Indonesia relaxes local content requirements for renewable energy projects to attract foreign investment and meet its 2025 renewable energy target.

India Briefing

India-Sweden Bilateral Trade and Investment

09/30/2024

The bilateral relationship between India and Sweden is benefiting from a growing focus on manufacturing, technology, and sustainability.

Vietnam Briefing

Vietnam Considers 9-Day Tet Break for 2025

09/30/2024

The Vietnam government is positively considering a 9-day Tet break for 2025 from January 25 to February 2. Proposals for extended breaks during other national holidays are also under review. Foreign investors and vendors planning business meetings should be mindful of the country’s public holiday schedules when arranging visits.

Middle East Briefing

A Guide to AML/CFT Compliance and Reporting in the UAE

09/30/2024

This guide provides an overview of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) compliance requirements for Financial Institutions (FIs) and Designated Non-Financial Businesses and Professions (DNFBPs) in the UAE, reporting best practices, and area-wise supervisory authorities.

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