News

Jul. 5 – According to a survey from the Associated Chambers of Commerce and Industry of India (ASSOCHAM), India’s pharmaceutical industry may be in trouble as many companies are deciding to relocate their research and development (R&D) operations further south towards the ASEAN region. 250 of the top officials and representatives from India’s pharmaceutical industry based out […]

Singapore continues to utilize bilateral investment treaties (BITs), especially for it smaller trading partners and particularly so for investors from emerging nations with relatively immature tax laws and regulatory environments.

Jul. 3 – During recent negotiations India and Sri Lanka decided to increase their economic ties so as to double bilateral trade to US$10 billion over the next three years. The meetings, which were held in Colombo, included representatives from both countries and discussed plans to further enhance their trade and investment relationships. “Recognizing that India […]

Jul. 2 – A long-standing dispute between China and the Philippines over territorial rights in the South China Sea continues to fester as the two countries increased naval patrols in the contentious Asian waters. In January, the Philippines initiated arbitration hearings against China with the United Nations to address alleged incursions by Chinese vessels into […]

Jun. 28 – Mumbai may be on the way to overtaking Shanghai as a financial hub in the coming years based on data which shows that the Bombay Stock Exchange’s main index significantly outperformed the Shanghai Stock Exchange’s main index in terms of growth in the past decade. The Bombay Stock Exchange (BSE) traces its […]

Jun. 27 – Mongolia’s presidential elections were held yesterday, and in a more closely fought contest than had been anticipated, the Harvard-educated Tsakhia Elbegdorj hung on to win a second term. Elbegdorj, 50, who has served as president since 2009, was the overwhelming favorite in the contest, which took place amid worries about Mongolia’s faltering […]

Jun. 26 – United States Secretary of State John Kerry has voiced his support for a bilateral investment treaty with India. Kerry was recently in New Delhi for the 4th round of the Indo-U.S. Strategic Dialogue. In a speech on Sunday, he said the treaty would bolster investor confidence in India and address concerns over […]

Jun. 26 – The effective management of indirect taxes in rapid growth markets (RGMs) such as China and India is a primary concern for many multinational corporations (MNCs). An indirect tax is a tax levied on goods and services which is ultimately paid by the consumer in the form of a higher price. Two of […]

Jun. 21 – China and Vietnam have signed several bilateral trade and infrastructure agreements during a visit by the Vietnamese President Truong Tan Sang to Beijing this week. This is Vietnam’s first official visit since Premier Li and President Xi took office in China earlier this year. President Sang welcomed the invitation to visit China, […]

Jun. 19 – The Prime Minister of India Manmohan Singh dispatched a special envoy this month to meet with Pakistan’s Prime Minister Nawaz Sharif to discuss bilateral trade relations. During the meeting, both countries agreed on the importance of increased bilateral trade and committed to commence dialogues between the two countries’ respective commerce ministries. According […]