News Across Asia - Page 82

India Briefing

India Launches New Portal to Expedite Business Visas for Chinese Technicians

08/09/2024

India has launched a dedicated portal, which became operational in August 2024, to streamline the visa process for professionals from China.

Vietnam Briefing

Vietnam’s 2024 Social Insurance Law: Implications for Businesses

08/09/2024

We discuss key points of Vietnam’s revised 2024 Social Insurance Law - effective from July 1, 2025 - which aims to strengthen social insurance coverage.

Middle East Briefing

Abu Dhabi's Office Space: Addressing the Demand for Grade A Assets

08/09/2024

Abu Dhabi is experiencing a significant increase in demand for office space, driven by a growing private sector, rising business confidence, and an influx of foreign direct investment (FDI).

Vietnam Briefing

EU-Vietnam Free Trade Agreement: Key Provisions and Implications for FDI

08/09/2024

As the EU-Vietnam Free Trade Agreement (EVFTA) completes four years in 2024, we explore its key provisions, business perceptions, and prospects for FDI firms.

India Briefing

Record Turnover for India’s Auto Component Industry: Details Here

08/08/2024

India's automotive component industry reached a record turnover of INR 6.14 trillion (US$73.1 billion) in FY 2023-24. The government has identified 28 key components for indigenization under its 'localization roadmap' to support the 'Make in India' initiative.

China Briefing

China's Economic and Sports Industry Gains from Paris 2024 Olympics

08/08/2024

We discuss how the Paris 2024 Olympics offer China a prime opportunity to enhance its global image, boost trade, and expand its market presence through sports-related exports and e-commerce.

Vietnam Briefing

U.S. Chooses to Retain Vietnam's Non-Market Economy Status Despite Reforms

08/08/2024

The U.S. has rejected Vietnam's bid to change its non-market economy status after a year-long review, despite acknowledging reforms. The decision means that the U.S. will retain the methodology used in calculating anti-dumping duties on imports from Vietnam.

Middle East Briefing

Accepted Transfer Pricing Methods in the UAE: Guidelines from the Federal Tax Authority

08/08/2024

We discuss the main transfer pricing methods accepted by the UAE government under the Corporate Tax Law and aligned with OECD guidance.

India Briefing

Eight National Highway Projects Sanctioned, Expected to Boost India's Connectivity

08/07/2024

India has approved eight national high-speed road projects totaling 936 km, investing INR 506.55 billion (US$6.03 billion) to improve logistics efficiency and connectivity.

Vietnam Briefing

Key Industrial Parks in Northern Vietnam

08/07/2024

We list key industrial parks in Northern Vietnam favored by foreign investors as well as their respective sector focus and tax incentives.

India Briefing

Capital Gains Tax in India: An Explainer

08/07/2024

In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.

China Briefing

New 144-Hour Visa-Free Policy for Foreign Tour Groups from Hong Kong and Macao Entering Hainan

08/07/2024

China's National Immigration Administration (NIA) has introduced a new 144-hour visa-free policy for foreign tour groups from Hong Kong and Macao entering Hainan, expanding the scope of the existing 30-day visa-free policy.