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China Announces Industrial Equipment Upgrading Action Plan

2024-04-19
On April 9, 2024, China’s Ministry of Industry and Information Technology (MIIT) and six other departments jointly released a notice introducing the Implementation Plan for Promoting Equipment Renewal in the Industrial Sector (hereafter referred to as the “action plan”).

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ASEAN Briefing

Formalized Flexible Work Arrangements to Be Introduced in Singapore from December 2024

04/21/2024

Singapore is set to implement new tripartite guidelines requiring all employers to have a formal process in place for workers to request flexible work arrangements, starting December 2024.

China Briefing

China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services

04/18/2024

China has launched a pilot program to relax foreign ownership restrictions on certain value-added telecommunication services, aiming to attract foreign investment and enhance market activity.

India Briefing

Investing in Tamil Nadu: Manufacturing Outlook and Opportunities

04/18/2024

One of the most urbanized states in India, Tamil Nadu’s economic profile has largely been influenced by agriculture, fisheries, and forestry. In terms of the industrial landscape, sectors such as textile milling, food processing, and the production of pharmaceuticals, chemicals, and electronic parts and equipment play a major role in forming a portion of economic growth.

ASEAN Briefing

Lawrence Wong’s Visit Boosts Singapore-Germany Relations

04/19/2024

In a significant step to bolster Singapore’s international relations, Deputy Prime Minister and Minister for Finance Lawrence Wong recently concluded a visit to Berlin, Germany, from April 8 to 10, 2024.

Middle East Briefing

Dubai Introduces New Judicial Authority to Resolve Conflicts Between DIFC and Local Courts

04/18/2024

Dubai has introduced a new judicial authority to address jurisdictional conflicts between DIFC Courts and local judicial bodies, with the goal of streamlining legal proceedings.

Vietnam Briefing

ESG Focus Among Foreign Businesses in Vietnam: VBF Report Highlights

04/18/2024

ESG (environmental, social, and governance) matters are among key priorities for foreign businesses in Vietnam to facilitate business expansion while meeting sustainable development goals.

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