News Across Asia - Page 79

India Briefing

India, Malaysia Agree to Expand Cooperation in Emerging Sectors

08/21/2024

India and Malaysia have agreed to elevate the partnership and signed several agreements covering employment, traditional medicine, digital technology, culture, youth engagement, financial services, etc.

China Briefing

China Approves 2024 Negative List for Foreign Investment Access

08/21/2024

China approved the 2024 Negative List for Foreign Investment Access, further opening up its manufacturing, telecommunication, education, and healthcare sectors.

Vietnam Briefing

Vietnam Establishes National Steering Committee on Semiconductor Development

08/21/2024

Vietnam's commitment to developing its semiconductor industry, bolstered by the presence of major players, promises the gradual formation of a supportive ecosystem and new opportunities for supply chain participants.

Middle East Briefing

Egypt Announces 30 GW Renewable Energy Expansion

08/21/2024

Egypt aims to diversify its energy mix, reduce fuel costs, and meet the country's goal of 42 percent renewable energy by 2035.

Middle East Briefing

The UK’s New Trade Priorities and Investment Prospects in the Middle East

08/21/2024

Under Prime Minister Keir Starmer and Business and Trade Secretary Jonathan Reynolds, the Labour government aims to make the UK the fastest-growing economy in the G20, with a strategic focus on expanding trade abroad to drive domestic economic growth.

ASEAN Briefing

Indonesia's Record Investment Inflows: Key Highlights from H1 2024

08/20/2024

Indonesia achieved a record-breaking investment inflows in the first half of 2024, driven by significant foreign and domestic interest across key sectors.

India Briefing

India Updates Foreign Exchange Rules, Simplifies Cross-Border Share Exchanges

08/20/2024

India has amended updates to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, with the goal of simplifying cross-border share exchanges and promoting the ease of doing business.

China Briefing

China July 2024 Economy: Consumption and Trade Surge Amid Sluggish Industrial Growth

08/20/2024

Per the July 2024 data, China industrial output experienced a deceleration, with growth slowing compared to previous months. However, this was offset by a notable surge in consumer spending and foreign trade.

India Briefing

India’s Draft Personal Data Protection Rules Likely to be Released Within a Month

08/20/2024

India is expected to release a draft of the rules under the Digital Personal Data Protection Act (DPDP Act) within a month for public consultations.

Vietnam Briefing

Vietnam’s E-Commerce Sector Outlook in 2024

08/20/2024

Vietnam's e-commerce sector, while not immune to global trends, is resilient and poised for long-term growth, making it a market to watch in 2024 and beyond.

Middle East Briefing

Saudi Arabia’s PIF Eyes New Cargo Airline to Strengthen Logistics Hub Ambitions

08/20/2024

In a strategic move to position Saudi Arabia as a global logistics powerhouse, the Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, is reportedly exploring the creation of a new cargo airline.

Middle East Briefing

India Pushes for Rupee-Dirham Trade Settlement to Reduce Dollar Dependence

08/20/2024

India’s central bank has encouraged banks involved in transactions with the UAE to settle a portion of their trade payments directly in Indian rupees and Emirati dirhams.