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ASEAN Briefing
Electric Vehicle Imports in the Philippines Benefit from Expanded Zero-Tariff Rates
07/26/2024The Philippines has extended its zero-tariff rates on EV imports, aligning with its commitment to develop a domestic electric vehicle market.
China Briefing
China Announces Several Measures to Facilitate Hotel Accommodation for Overseas Personnel
07/26/2024New measures in China aim to simplify access to hotel accommodations for overseas travelers by removing barriers and enhancing services.
Vietnam Briefing
US Commerce Department Delays Decision on Vietnam's Market Economy Status Due to IT Disruptions
07/26/2024The US Commerce Department has delayed its decision on upgrading Vietnam to market economy status to August 2 due to IT disruptions caused by CrowdStrike software issues.
Vietnam Briefing
How Will the 2024 US Presidential Election Outcome Shape US-Vietnam Relations?
07/26/2024We discuss how the US election outcome could shape future US-Vietnam relations based on the previous track record of the candidates.
Vietnam Briefing
Vietnam Labor Market Report for H1 2024
07/26/2024The Vietnam labor market showed positive trends in H1 2024, with increased employment opportunities and salary growth. Additionally, the proportion of Vietnamese workers holding degrees or certificates rose to 28.1 percent in the second quarter of 2024.
ASEAN Briefing
Indonesia Strengthens Pharma Sector with Novo Nordisk Partnership
07/25/2024Novo Nordisk’s partnership with Bio Farma underscores Indonesia’s expanding role in biopharmaceuticals and local insulin production.
China Briefing
China’s Third Plenum – Key Takeaways for Foreign Investors
07/25/2024The Third Plenum vowed to implement myriad reform policies by 2029 to grow the economy, improve the private sector, boost foreign investment, reform the tax regime, and more.
India Briefing
India to Consider Easing Rules for FDI and Overseas Investments
07/25/2024India's Department for Promotion of Industry and Internal Trade (DPIIT) will establish strict timelines for various government agencies and departments to expedite the clearance of foreign direct investment (FDI) proposals in prioritized sectors.
India Briefing
Capital Gains Tax in India: An Explainer
07/25/2024In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.
Middle East Briefing
Red Sea Security Concerns Hit Suez Canal Earnings
07/25/2024Suez Canal earnings fell nearly 25 percent from July 2023 to June 2024 as shipping companies chose alternative routes to avoid Houthi attacks in the Red Sea.
China Briefing
EU-China Relations After the 2024 European Elections: A Timeline
07/25/2024Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
Middle East Briefing
Oman Labor Authority Prohibits Expat Hiring in 30 Professions, Details Awaited
07/25/2024The Ministry of Labor (MoL) has announced that 30 new professions will be reserved exclusively for Omanis. However, details are awaited before the regulation comes into effect in September.