Asia & Latin America ‘Need To Develop Better Economic Links’
Oct. 4 – The 10th Latin Asia Business Forum was held in Singapore on Wednesday, attended by the Finance Ministers of several Asian and Latin American countries. Event Chairman Tharman Shanmugaratnam, Singapore’s Finance Minister and Deputy Prime Minister, stated that “there is plenty of room to develop ties. We are still significantly underweight in each […]
Leitkatalog für Ausländische Investitionen
Noch vor der Entscheidung, ein WFOE zu gründen, ist es nötig, zu ermitteln, ob ein Sektor Restriktionen hat, die ein WFOE von der Gründung in dieser Industrie abhalten würde. Um dies zu tun, sollten ausländische Investoren den Leitkatalog für Ausländische Investitionen (Guidance Catalogue for Foreign Investment (2012er Katalog), herausgegeben von der Nationalen Entwicklungs- und Reformkommission […]
China Imposes Bans on Tourist Shopping
China clamps down on tourists defacing monuments and the practice of obtaining shopping kickbacks Oct. 3 – China has issued several new laws that will impact upon its domestic tourists in a step to decrease the amount of unruly behavior both at home and overseas. One of the new regulations includes a ban on tours […]
China 43rd in Global Human Capital Index
Developed ASEAN Nations Fare Well In Scoring Oct. 3 – The World Economic Forum has released a new global Human Capital Index that measures a country’s ability to make the most of its workers. The report states that “the key for the future of any country and any institution lies in the talent, skills and […]
China to Allow Greater Tolerance of “Traditional Faiths”
Oct. 1 – According to sources closely tied to the government, Chinese President Xi Jinping is concerned with his countries moral decline and obsession with money, and has been further promoting China’s three traditional faiths – Confucianism, Buddhism and Taoism – in the hope that they can counter societal corruption. The sources have told Reuters […]
China erläutert die Bandbreite der steuerpflichtigen Dienstleistungen, die mit einer Mehrwertsteuer zum Null-Steuersatz besteuert werden
Chinas Staatliche Steuerbehörde (State Administration of Taxation, SAT) hat die „Verwaltungsmaßnahmen zur Steuerbefreiung und Vergünstigung von steuerpflichtigen Dienstleistungen, die mit einer Mehrwertsteuersatz zum Null-Steuersatz besteuert werden (SAT Announcement [2013] No. 37, im folgenden als ‘Maßnahmen’ bezeichnet)” am 7. August veröffentlicht, welche die Bandbreite der steuerpflichtigen Dienstleistungen, die zu einem Null-Steuersatz besteuert werden, erläutert. Detaillierte Informationen […]
Selling to China & India’s Middle Class – It’s a Vietnam Manufacturing Play
China is no longer the powerhouse of manufacturing that is once was. The reasons for this shift and the growing importance of Vietnam and India are examined in this article.
Alibaba Snubs Hong Kong, Opts for New York
Sept. 29 – Hangzhou-based Alibaba Group has ditched plans to list in Hong Kong after the territory could not agree to the terms of the proposed listing of the Chinese company’s IPO. Instead, the company will list in New York. The decision is a major embarrassment to China and the Hong Kong regulators as Alibaba […]
The Pan-Asia Indicator
Chris Devonshire-Ellis, founding partner of Dezan Shira & Associates, has spent close to 30 years in Asia and travels extensively around the region looking at where the new opportunities for foreign investments lie. Here is his annual quick round up concerning Asian nations and their immediate opportunities and problems.
Singapore Tightens Employment Rules for Foreigners
Sept. 24 – The Singapore government today announced rules that will require companies operating in the country to consider Singaporeans for skilled job vacancies before turning to candidates from abroad. Commencing August 2014, firms with more than 25 employees must advertise a vacancy for professional or managerial jobs paying less than S$12,000 (US$9,605) a month […]