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News Across Asia

India Briefing

India’s Regulation of AI and Large Language Models

03/27/2024

Presently, India lacks a dedicated regulation for artificial intelligence (AI). We outline some of the advisories, guidelines, and IT rules that offer legal oversight for the development of AI, Generative AI, and large language models (LLM) in India.

ASEAN Briefing

Digital Platforms Obligated to Pay for Media Content in Indonesia

03/27/2024

Indonesia’s President has signed a regulation that will require companies such as Meta and Google to pay news publishers to feature media content on their platforms.

Middle East Briefing

Saudi Arabia's US$40 Billion AI Fund: Outlook and Opportunities

03/27/2024

Saudi Arabia's government is planning to establish a US$40 billion fund dedicated to AI investment, signaling a strategic move to diversify its economy and solidify its position as a dominant force in the Middle East's AI landscape.

Vietnam Briefing

Vietnam-Canada Bilateral Relations, Trade, and Investment Outlook

03/26/2024

We discuss key factors making Vietnam an attractive investment destination for Canadian businesses amidst rapid economic expansion.

China Briefing

China Adopts New Regulations to Facilitate Cross-Border Data Flows 

03/26/2024

Nre regulations from China's cybersecurity regulator significantly facilitate cross-border data transfer processes for foreign companies by lowering compliance burdens.

Middle East Briefing

Abu Dhabi Investment Authority Offers Discounted Buyouts for Investors Exiting China PE

03/26/2024

ADIA, the Emirate SWF, is strategically positioning itself to benefit from the trend of Western investors reducing their exposure to China.

ASEAN Briefing

A Guide to Estimated Chargeable Income Filing in Singapore

03/25/2024

Incorporated companies in Singapore must file an Estimated Chargeable Income (ECI) for each year of financial assessment.

China Briefing

Navigating Hong Kong’s Annual Employer’s Return: Compliance and Best Practices

03/25/2024

The Annual Employer’s Return filing in Hong Kong begins on the first working day of April and should be completed within one month. Employers are advised to start preparations early and allocate sufficient resources to meet this tight deadline.

Vietnam Briefing

Corporate Tax Planning for Businesses in Vietnam in 2024 - New Publication from Vietnam Briefing

03/22/2024

'Corporate Tax Planning for Businesses in Vietnam in 2024' explains key incentives available, reporting requirements, and preparation for Vietnam's Global Minimum Tax regulations under the BEPS 2.0 Framework.

ASEAN Briefing

Hanoi's Push to Become Southeast Asia's Semiconductor Hub

03/22/2024

Hanoi, the capital of Vietnam, is taking measures to realize its ambition to become a hub for semiconductor production in Vietnam by 2050.

Vietnam Briefing

Vietnam-New Zealand Investment and Trade Opportunities

03/22/2024

We discuss the strengthening Vietnam-New Zealand Investment bilateral relationship, and focus on emerging trade and investment prospects.

Middle East Briefing

Dubai’s New Tax Regulation for the Banking Sector

03/22/2024

The Dubai government has unveiled a new legislation requiring foreign banks operating within the emirate to pay a 20 percent annual tax. We discuss implications and exemptions.

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