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News Across Asia

ASEAN Briefing

Thailand Implements Mandatory Reporting of Business Operator Income on Electronic Platforms

02/06/2024

Thailand’s Revenue Department has required electronic platforms such as e-commerce and e-marketplaces to disclose their revenue from the business operators on their platforms.

China Briefing

2024 Guidelines for Foreigners to Live and Work in China

02/06/2024

The updated guidelines released by China’s Ministry of Commerce outline essential procedures and considerations for foreign businesspersons living and working in China, covering accommodations, visas, work permits, and emergency protocols.

India Briefing

Understanding Accelerated Depreciation of Solar Power Assets in India

02/06/2024

Accelerated depreciation is a crucial driver of investments in the adoption of solar power in India, offering commercial and industrial consumers faster depreciation on solar power plant investments than traditional plants and machinery.

Vietnam Briefing

Vietnam to Offer Reduced Tariffs on Select Cambodian Goods

02/06/2024

Preferential import tariffs for some Cambodian goods entering Vietnam have been introduced and could boost trade between these two neighbors. Here are the details.

Middle East Briefing

Malaysia and UAE Ramp Up Collaboration on Data Center Development

02/06/2024

The UAE and Malaysia have signed an MoU to advance investment cooperation on digital infrastructure, including data center and AI assets.

China Briefing

German Chamber’s Business Confidence Survey 2023/24: Key Findings

02/05/2024

Per the German Chamber’s Business Confidence Survey 2023/24, large companies are committed to the China market, especially in the high-tech and automotive sectors. We discuss the survey's findings based on information collected between Sept. and Oct. 2023.

China Briefing

China-Germany Bilateral Direct Investment: Trends and Outlook

02/05/2024

China and Germany remain important investment partners, despite the mutual decline in FDI flows registered in 2023. We analyze recent trends and discuss the sectors that continue to drive bilateral investment.

India Briefing

EV Sector in India: Production Capacity, Government Targets, and Market Performance

02/05/2024

In this market brief, we discuss consumer purchasing trends in the automotive market and India's steadily expanding EV production capacity. We spotlight top industry players and their manufacturing bases, as well as govt. incentives and targets to 2030.

Vietnam Briefing

Vietnam’s Toy Market: An Overview 2024

02/05/2024

In this article the Vietnam Briefing looks at Vietnam's toy market and the challenges and opportunities it presents for foreign firms.

Middle East Briefing

Gulf Mercantile Exchange Established After Saudi Tadawul Group Acquires Stakes in Dubai Mercantile Exchange

02/05/2024

Saudi Tadawul Group (STG) has signed a binding agreement with existing shareholders of DME Holdings Limited to acquire a 32.6 percent stake in Dubai Mercantile Exchange (DME), one of the leading international commodities exchanges.

ASEAN Briefing

Malaysia’s Public Holidays for 2024

02/04/2024

Malaysia’s multicultural population acknowledges a number of key holidays from a number of cultures. This includes Christmas Day, Deepavali, and the Islamic New Year.

India Briefing

Interim Budget Rounds Up Key Tax Reforms, Makes Case for Modi Re-Election

02/02/2024

Finance Minister Nirmala Sitharaman rounded up the government's recent tax measures in her 2024 interim budget, with no new changes to the tax regime, in a marked departure from 2019. We list some of the highlighted policy achievements in this brief and note a few extensions.

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