Business updates and special topic events, specially curated to for global foreign investors in Asia

May 30, 2024

30 May 2024	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

ASIA EDITION


TOP STORIES THIS WEEK:


US Tariff Increases on Chinese Imports – Implications for Trade and Businesses

The recently proposed US tariff increases on Chinese imports, including EVs and solar panels, are anticipated to have tangible repercussions for Chinese exporters.


Empowering Net-Zero Goals: The Rise of India’s Climate Tech Startups

Indian climate tech startups are leveraging advanced technologies to combat climate change and providing industries with sustainability tools for their operations.


The Video Game Industry in Vietnam: Opportunities and Challenges

We discuss opportunities in Vietnam’s emerging gaming industry, whose growth trajectory and positive impact on allied sector development is appealing to government stakeholders.


Starlink Launches in Indonesia, Tapping into Booming Internet Market

SpaceX’s Starlink has launched its internet service in Indonesia, aiming to improve internet access to the vast archipelago.


Philippines Passes CREATE MORE Act, Proposing Amendments to Tax Incentives

The CREATE MORE bill makes key amendments and enhancements to the tax regime introduced in the CREATE Act, to bring the Philippines tax regime in line with the OECD’s Pillar Two Global Minimum Tax.


UAE Corporate Tax Incentives in Free Zones

The UAE Federal Tax Authority offers detailed guidelines for businesses in free zones to qualify for a 0 percent corporate tax rate, subject to eligibility criteria and registration deadlines.

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COMPLIMENTARY BUSINESS RESOURCES:


Complying with Vietnam’s Personal Data Protection Decree

This report dives into the respective regulations that encompass Vietnam's personal data protection regime, with particular emphasis on the Personal Data Protection Decree. As the country’s legal landscape evolves in...


An Introduction to Doing Business in Hong Kong 2024

Doing Business in Hong Kong 2024 introduces the fundamentals of investing in Hong Kong. Compiled by professionals at Dezan Shira & Associates in April 2024, this comprehensive guide is ideal for businesses looking to enter the...


An Introduction to Doing Business in Indonesia 2024

This publication, designed to introduce the fundamentals of investing in Indonesia, was compiled by the experts at Dezan Shira & Associates, a specialist foreign direct investment practice, providing corporate establishment...


UPCOMING EVENTS FOR ASIA:


TradeTech Panel: Race for Digital Transformation

Hinrich Foundation Office, Singapore \| 11:00 AM - 12:00 PM (Singapore)


[IT] Cina, Vietnam e Indonesia: sfide e opportunità per le aziende italiane

Webinar \| Tuesday, June 04, 2024 \| 10:00 AM – 11:30 AM CEST \| 4:00 PM – 5:30 PM Beijing Time


[CN] Corporate Risk Control Strategies and Practices in China's 2024 Legal Environment \| 2024年新环境下中国企业风险控制的策略与实践 – Partnering with CPA Australia

澳洲会计师公会上海办事处 \| 2024年6月6日，周四 \| 14:00 - 16:30 北京时间

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