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News Across Asia

India Briefing

India Opens Space Sector to Global Investors with 100% FDI Allowed

02/22/2024

India will permit FDI up to 100 percent under the automatic route in the space sector for the manufacturing of components, systems, or sub-systems associated with satellites, ground segments, and user segments.

China Briefing

China’s Gaming Industry: Trends and Regulatory Outlook 2024

02/22/2024

We discuss why China's gaming industry is a global powerhouse despite regulatory interventions, boasting growth in revenue and market share.

India Briefing

India Notifies ‘Lesser Penalty’ Regime under the Competition Act

02/22/2024

The Lesser Penalty regime in India is provided under Section 46 of the Competition Act, 2002 and governed by regulations released by the CCI. We discuss key features of this leniency program, which applies to entities under investigation in cartel cases, and the benefits provided under India's antitrust laws.

Vietnam Briefing

An Investor’s Guide to Ba Ria-Vung Tau

02/22/2024

Ba Ria-Vung Tau is becoming an increasingly important manufacturing hub in Vietnam with a slew of big firms starting new projects in the province in 2023. Here’s why.

China Briefing

Record Highs in Travel, Consumption Boost Mark 2024 Chinese Spring Festival Holidays

02/21/2024

Travel and consumption trends registered remarkable growth during the 2024 Chinese New Year holidays but these may not be sustainable. We discuss why that may be.

ASEAN Briefing

Laos Implements Mandatory Bank Accounts for Foreign Investors

02/21/2024

The Bank of the Lao PDR issued a new regulation that mandates foreign investors to open a local bank account within 15 days of obtaining a business license.

India Briefing

The OSH Code, 2020: A Primer

02/21/2024

The yet to be implemented Occupational Safety, Health, and Working Conditions (OSH) Code, 2020 will subsume several existing HR regulations.

Vietnam Briefing

Planning for Uncertainty: Global Staffing Solutions to Facilitate Your Vietnam Market Entry

02/21/2024

Global Staffing Solutions is a flexible entry strategy for businesses to test the Vietnamese market without needing to physically set up an operation.

China Briefing

China Annual IIT Reconciliation in 2024: Everything You Need to Know

02/21/2024

June 30 is also the deadline for China's annual IIT reconciliation for the year 2023. Individual taxpayers who have not yet completed this process should act promptly.

Middle East Briefing

Dubai’s Tourism Sector: Outlook and Key Drivers

02/21/2024

Dubai's tourism sector success is driven by strategic partnerships, sustainability initiatives, and its emergence as a global hub for relocation, remote work, and leisure.

China Briefing

China’s Cross-Border E-Commerce: 2023 Performance and 2024 Outlook

02/20/2024

China saw a 15.6% surge in cross-border e-commerce import-export volumes in 2023, facilitated by pilot CBEC zones and Silk Road e-commerce.

India Briefing

Farm Mechanization in India's Agriculture Sector: Challenges and Opportunities

02/20/2024

We discuss why India needs to increase its farm mechanization adoption rate to sustainably manage changing workforce preferences and output. Businesses that can provide cost-effective technology solutions stand to benefit from the vast agrimarket.

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