Featured News
Stay on top of the latest business news from across Asia. Here we bring you a selection of the latest articles on economic, regulatory, tax, HR, and payroll developments published on our respective regional platforms.
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China Briefing
China Unveils Its First Set of Basic Standards for Corporate Sustainability (ESG) Disclosure
In December 2024, China introduced a Basic Standards of its Corporate Sustainability Disclosure Standards, aiming to guide businesses in aligning their sustainability practices with global ESG expectations.
Navigating China’s Latest Export Tax Rebate Adjustments: What Are the Implications?
Starting December 1, 2024, China lowers the export tax rebate rate from 13 percent to 9 percent for 209 products such as refined oil, photovoltaic products, and batteries while eliminates the rebate policy for other 59 products.
Integration of Foreigner’s Work Permit with Social Security Card: What You Need to Know
Effective December 1, 2024, foreign nationals entering China will no longer be required to obtain a physical Foreigner’s Work Permit. Instead, they can apply for an electronic social security card via a designated app.
China's New Renewable Energy Plan: Key Insights for Businesses
China's new renewable energy plan aims to significantly boost the country’s renewable energy consumption, setting ambitious targets for 2025 and 2030.
India Briefing
Australia’s Strategic Investments in India’s Fintech, Space Sectors
Australia plays a pivotal role in India's digital economy, fostering collaboration in the space sector and advancing fintech through innovations in digital payments and blockchain technology.
India Extends IT Hardware Import Management System Until December 31, 2025
India has extended the import management system for seven IT hardware products (under HSN 8471) like laptops, PCs, and servers by one year.
Mitigating Business Partnership Risks When Entering the Indian Market
Foreign SMEs and investors can mitigate business partnership risks in India by conducting comprehensive due diligence checks and seeking local expert guidance for reviewing the target company's history, financial health, legal compliance, and operational capabilities.
Tax Advisory for Remote Workers in India: Optimizing Savings
We discuss key tax considerations, compliance requirements, and strategies to optimize savings for remote workers in India.
Vietnam Briefing
Payroll in Vietnam: A Guide to Compensation, Bonuses, and Benefits
As a greater amount of foreign companies establish a business in Vietnam, a thorough knowledge of the country’s salary structure is vital to operate efficiently and to improve staff retention.
Vietnamese New Year (Tet) 2025: How to Prepare Your Business
Tet, the Vietnamese New Year, involves customs that businesses should understand to strengthen relationships with local staff and effectively manage potential supply chain disruptions. Vietnam Briefing offers a quick guide of best practices.
Vietnam and China Manufacturing: Key Comparisons for Business Strategies
As companies seek to diversify their supply chains, Vietnam has become a prominent “China Plus One” destination, offering businesses a strategic manufacturing base in Asia.
Vietnam’s Top Investors and FDI Beneficiaries – January to November 2024
Vietnam’s top investors in 2024 (January-November) were Singapore with US$9.14 billion, followed by South Korea, China, Hong Kong, and Japan, dominating 77 percent of total investments.
ASEAN Briefing
Navigating Data Protection Laws in ASEAN-6: A Guide for Foreign Investors
Comply with data protection laws in ASEAN-6 markets—Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Key insights for investors.
Why BYD, GAC Aion, and Citroen are Betting Big on Indonesia’s EV Market
Learn why BYD, GAC Aion, and Citroen are investing in Indonesia's EV market, driven by tax incentives and the country’s rich nickel reserves.
Tax Implications for 13th Month Pay and Christmas Bonuses in the Philippines
Learn how 13th Month Pay and Christmas bonuses are taxed in the Philippines. This guide covers the tax-exempt threshold, calculation examples, and practical tips for employees and employers.
The ASEAN Education Market: Trends, Challenges, and Investment Pathways – Latest Issue of ASEAN Briefing Magazine
The latest issue of ASEAN Briefing Magazine, titled “The ASEAN Education Market”, is out now as a free download.