TOP STORIES THIS WEEK:

Urbanization in China - New Action Plan to Facilitate Urban Migration

China aims to increase its urbanization rate to nearly 70 percent in the next five years, up from 66.16 percent in 2023. Each 1 percentage point increase results in over RMB 200 billion (US$28 billion) in new consumer demand annually.

India Manufacturing Tracker: 2024-25

The 2024-25 India manufacturing tracker provides key statistics associated with India’s industrial production, monitors sector-wise performance, highlights emerging trends, and lists prominent government support schemes.

Vietnam Establishes National Steering Committee on Semiconductor Development

On August 8, 2024, Vietnam PM Pham Minh Chinh signed a decision to establish a national steering committee on semiconductor industry development. The government aims to build a supportive ecosystem and create opportunities for supply chain participants, leveraging the presence of major semiconductor players already in the country.

Indonesia's Record Investment Inflows: Key Highlights from H1 2024

Indonesia secured some 829 trillion rupiah (US$53 billion) in combined foreign and domestic investments in the first half of 2024. This represents a 22.3 percent increase from the same period in 2023.

New Legislative Changes for Corporate Service Providers in Singapore

In July 2024, Singapore's Parliament passed the Corporate Service Providers Bill (CSP Bill) and the Companies and LLPs (Miscellaneous Amendments) Bill, strengthening the anti-money laundering regime to combat financial crime.

The UK’s New Trade Priorities and Investment Prospects in the Middle East

We discuss the UK’s evolving trade priorities under the new Keir Starmer-led Labour government, with a particular focus on the opportunities and trends emerging for foreign investors in the GCC, Turkey, and Israel markets.

COMPLIMENTARY BUSINESS RESOURCES:

The Guide to HR Compliance and Best Practices in China explains key considerations for foreign employers from hiring to staff management and compliance with legislative updates and data security laws.

From Recruitment to Retention: India HR Insights for 2024

This HR report offers an essential guide for foreign invested firms to attract and retain the best talents in India’s dynamic hiring environment.

This publication examines Singapore's 2024 business landscape: economic trends, strategic advantages, and investment opportunities for foreign firms in this key Asian hub.

UPCOMING EVENTS FOR ASIA:

Jobstreet by SEEK Career Fair 2024 [Conference Guest Speaker]

Conference | August 24-25, 2024 | Sands Expo & Convention Centre Level B2 (Hall F), Singapore

Doing Business in Indonesia: Focus on the Green Sectors

Business Seminar | 14:00 – 17:30 CST, August 27, 2024 | The Ritz-Carlton Hotel Guangzhou, 2+ Floor Grand Ballroom

LED and Smart Living Expo 2024

September 5-7, 2024 | Hall 7-8, IMPACT Exhibition Centre, Bangkok, Thailand