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News Across Asia

China Briefing

China’s Medical Beauty Industry: Challenges, Trends, and Opportunities

12/06/2023

China's medical beauty market has emerged as a standout sector amid global economic challenges, exhibiting remarkable growth and resilience. Fueled by capital influx and a well-defined industrial chain, the industry has become a focal point for consumption growth within the broader beauty and healthcare sectors, offering an array of opportunities for foreign businesses and investors.

India Briefing

India’s Economic Rise: How Global Tech Giants are Chasing the Next Big Growth Engine

12/06/2023

India stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country's resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.

Vietnam Briefing

50 Years of Luxembourg-Vietnam Relations Sees Two-Way Trade Stronger than Ever

12/06/2023

Vietnam and Luxembourg celebrated 50 years of diplomatic relations last month. To mark the occasion, Vietnam Briefing looks at the trading relationship between these two countries.

India Briefing

ICAI Releases Draft Auditing Standards for LLPs in India, Seeks Public Comments by January 6

12/06/2023

The Institute of Chartered Accountants of India has released an exposure draft for public comments until January 6, 2024, proposing new auditing standards for Limited Liability Partnerships (LLPs) in India to align them with prevailing corporate auditing norms.

ASEAN Briefing

Thailand and Hong Kong Launch Cross-Border QR Payments

12/05/2023

Thailand’s central bank and the Hong Kong Monetary Authority launched a new cross-border QR payment links.

India Briefing

Understanding How the Concept of Significant Economic Presence Applies in Indian Taxation

12/05/2023

We explore tax provisions on 'significant economic presence' in India and compare with the equalization levy liability amid stakeholder concerns.

Vietnam Briefing

Vietnam’s Just Energy Transition Partnership Resource Mobilization Plan: Unpacked

12/05/2023

Vietnam’s Just Energy Partnership Resource Mobilization Plan (JETP-RMP) has been completed and was presented last Friday at the Conference of Parties 28 in Dubai. Here are the key takeaways from the plan.

China Briefing

China Tax Risks in Indirect Equity Transfer: A Case Study

12/05/2023

In this article, we explain what an indirect equity transfer is and explore the corresponding tax risks in China by studying a typical case.

China Briefing

All Apps and Mini Programs to be Registered by End of March 2024 - A Quick Guide 

12/04/2023

As the March 31 deadline approaches, we explain the required procedures for apps and mini programs in China to register with the industry regulator.

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