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Middle East Briefing
Dubai Ban on Single-Use Plastic Bags Began on January 1
01/10/2024Dubai has introduced a phased ban on single-use products in its market, starting with single-use plastic bags from January 1, 2024. We list key details for businesses to pay attention to for compliance.
China Briefing
China’s 2024 Catalogue for Guiding Industry Restructuring
01/09/2024The 2024 Catalogue for Guiding Industry Restructuring, announced by China's NDRC, marks a strategic shift by focusing on high-tech industries and environmental priorities. Businesses are urged to grasp the dual emphasis, align with evolving policies, and capitalize on emerging opportunities in the dynamic economic landscape.
Vietnam Briefing
Vietnam’s Business Climate Stabilizing: EuroCham Q4 Survey
01/09/2024EuroCham Vietnam’s Business Confidence Index for the fourth quarter of 2023 has been released. Here’s what it reveals about the current business climate in Vietnam for firms doing business with Europe.
India Briefing
India’s Tax Authority Issues Notification for Non-Resident Investors in Financial Products via IFSC Units
01/08/2024The Ministry of Finance notification delineates the criteria for the recognition of investment in a financial product by non-residents, particularly when the income is deposited in the non-resident's account with the Offshore Banking Unit of the IFSC, as specified in section 80LA.
ASEAN Briefing
Incentives in Malaysia’s Special Economic Zones: A Guide for Businesses
01/08/2024Malaysia's special economic zones offer fiscal incentives and sector-specific perks, including tax relief and tailored benefits, along with robust infrastructure. We list the available incentives for businesses in the country's respective SEZs.
China Briefing
How to Ensure Successful ERP Implementation in China?
01/08/2024Successful ERP implementation hinges on cultivating precise expectations, a profound grasp of business essentials, and a meticulous plan, while enlisting a capable implementer and employing shrewd end-user strategies to unleash the system's transformative power.
Vietnam Briefing
Malaysia-Vietnam Aim for US$18 Billion in Two-Way Trade
01/08/2024Malaysia and Vietnam have become pivotal trade connections between each other and global supply chains broadly. Here’s how trade works between these two burgeoning Southeast Asian economies.
Middle East Briefing
Delays Anticipated to Oman-India FTA Over Duty Concessions on Petrochem Products
01/08/2024Customs duty concessions on petrochemical products, utilized heavily in the plastics industry, are raising concerns among Indian stakeholders.
China Briefing
China Monthly Tax Brief: December 2023
01/05/2024In this monthly China tax brief, we highlight December 2023 tax and foreign exchange policies for supporting businesses, attracting talents, and facilitating cross-border investment and transactions.
India Briefing
EPFO Extends Deadline for Employers in India to Upload Wage Details for Higher Pensions by May 31, 2024
01/05/2024The EPFO has extended the deadline by five months for employers to submit wage details for members eligible for an increased pension. We discuss pertinent details for compliance.
ASEAN Briefing
Opportunities for Investors in Indonesia’s Cosmetics Industry
01/05/2024We discuss the business opportunities catering to halal cosmetics and personal care products in Indonesia's beauty industry as domestic purchasing power increases.
Vietnam Briefing
Vietnam Tax Updates for the New Year 2024
01/05/2024In the first week of the new year there were a handful of changes to taxes in Vietnam that foreign firms may need to be aware of. Here’s what they are.