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News Across Asia

ASEAN Briefing

Opportunities for Investors in Indonesia’s Cosmetics Industry

01/05/2024

We 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

01/05/2024

In 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.

Middle East Briefing

Saudi Arabia Upgrades Digital Platforms for Visa Applications

01/05/2024

Saudi Arabia continues to modernize its visa application process to promote ease of access, boost tourism and business travel, and enhance transparency with regards to labor management.

ASEAN Briefing

Singapore’s 2024 Economic Outlook

01/04/2024

Optimism prevails for Singapore's economic outlook in 2024, particularly for growth projected in key sectors like electronics, F&B, and travel-related industries.

Vietnam Briefing

Survey Finds AI, Tech Popular in Financial Services in Vietnam

01/04/2024

Finastra has released its Financial Services State of the Nation Survey 2023. This survey covers several key economies in Asia including Vietnam. In this article, we run through the key findings of the survey.

India Briefing

PLI Scheme for India’s Automotive Sector Amended and Extended by One Year

01/04/2024

India's PLI Scheme for the automotive sector has been extended by a year as applicants require more time to meet the eligibility provisions. The first round of incentives will be disbursed in FY 2024-25 per the government in a recent announcement, and after much delay. Only Tata Motors, Ola Electric, and Mahindra & Mahindra have met key domestic value addition criteria.

Middle East Briefing

Oman-India FTA Talks Expected to Conclude in January: Latest Updates

01/04/2024

Oman and India have continued to keep pace with fast moving negotiations to their bilateral free trade deal. We discuss the key issues in brief.

Vietnam Briefing

General Office of Statistics Releases 2023 Labor Market Summary

01/03/2024

The General Office of Statistics has released a summary of the development of Vietnam’s labor market in 2023. Here’s what it says.

China Briefing

PIPL 2023/24: Cross-Border Data Transfer in China Handbook - New Publication Out Now

01/03/2024

This handbook helps explain the key facets of China’s CBDT regime from a business perspective, highlights recent trends and expected developments, and offers practical steps for businesses to consider when planning their compliance approach.

China Briefing

China Tax Filing and Payment Deadlines for 2024

01/03/2024

Businesses operating in China are suggested to pay attention to the tax filing and payment deadlines for 2024 to avoid late payment penalties and tax credit downgrading.

China Briefing

Incentive Schemes for Companies in Hong Kong

01/02/2024

Companies in Hong Kong can benefit from myriad incentive programs designed to support business growth, foster innovation, nurture talent, and more.

Vietnam Briefing

Draft Global Minimum Tax Support Fund Unveiled

01/02/2024

Vietnam’s Ministry of Planning and Investment has released a draft decree outlining an Investment Support Fund to counter the impacts of the Global Minimum Tax. Here are the details.

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