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Middle East Briefing
Gulf Mercantile Exchange Established After Saudi Tadawul Group Acquires Stakes in Dubai Mercantile Exchange
02/05/2024Saudi 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
02/04/2024Malaysia’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
02/02/2024Finance 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.
ASEAN Briefing
Indonesia’s Electric Battery Industrial Strategy
02/02/2024Indonesia's ambitious targets in the electric battery industry offer a prime opportunity for strategic investments and partnerships.
Vietnam Briefing
Top 6 FDI Locations in Vietnam in 2023 and Why
02/02/2024These Vietnamese provinces received the most foreign direct investment in 2023. Here’s a short overview and why.
Middle East Briefing
Saudi Arabia’s SABIC to Establish a US$6.4 Billion China Petrochemical Complex
02/02/2024On January 21, 2024, Saudi Basic Industries Corporation (SABIC) announced its final investment decision to construct a petrochemical complex in China's southeastern Fujian province.
China Briefing
Preparing for the Year of the Dragon: HR Strategies and Travel Trends During Chinese New Year 2024
02/01/2024From arranging additional leave to issuing annual bonuses, here's how HR teams can prepare for the eight-day Chinese New Year holiday.
India Briefing
India’s Interim Budget 2024: No Populist Measures, No Changes to Taxation
02/01/2024India's interim budget 2024, which is a vote on account, was presented on February 1, and contained no major policy changes or revisions to taxation. We round up the key provisions laid out in the budget and the fiscal data provided by Finance Minister Nirmala Sitharaman.
India Briefing
India Cuts Import Duty on Mobile Phone Components from 15% to 10%
02/01/2024In a bid to expand local mobile phone manufacturing, India has lowered import duty on mobile phone components from 15 percent to 10 percent. The move will benefit companies like Apple and Xiaomi and potentially result in a 3-5 percent price drop, benefiting end customers.
Vietnam Briefing
Tet Flower Markets Reveal Fertile Floriculture Market in Vietnam
02/01/2024Flower markets are springing up all over Vietnam for the Lunar New Year. Here’s the key opportunities for foreign flower firms.
Middle East Briefing
Ducab India and Emirates NBD Ink First Bilateral Partnership for Mutual Economic Growth
02/01/2024The India branch of leading energy solutions provider and manufacturer based in the UAE, Ducab Group, has entered a partnership with Emirates NBD, a prominent banking group in the Middle East, North Africa, and Türkiye (MENAT) Region.
ASEAN Briefing
Prospects for Electric Battery Production in Indonesia – Latest Issue of ASEAN Briefing Magazine
01/31/2024In this ASEAN Briefing issue, we provide an overview of Indonesia’s EV battery industry, the various incentives offered by the government, and highlight the right business entity foreign investors should use when entering this industry.