News Across Asia - Page 100

Middle East Briefing

Dubai-Based Ports and Logistics Giant DP World Plans US$3bn Investments into Africa by 2029

06/19/2024

Nine of the world's 20 fastest-growing economies in 2024 are in Africa, attracting companies like DP World despite challenges.

Middle East Briefing

UAE Midday Break for Open-Air Workers Begins June 15 - Employer Obligations

06/19/2024

UAE employers are obliged to ensure the 12:30 to 15:00 midday break for open-air workers from June 15 to September 15, 2024. The Ministry of HR and Emiratisation has also released a list of exemptions and worker amenities to be provided in such scenarios.

China Briefing

China May 2024 Economic Roundup: Consumption and Trade Rebound Amid Slowing Industrial Output

06/18/2024

China experienced an uptick in consumption and trade in May, driven by rising domestic demand, while industrial output slowed.

Vietnam Briefing

HCMC Announces Labor and Employment Strategy Through 2025: Key Goals

06/18/2024

HCMC's labor and employment strategy for 2023-2025, with a vision to 2030, has identified eight areas for human resource development, highlighting key priority skill development roles and anticipated technology disruptors that may attract foreign investors in the education and skills development sector.

India Briefing

India’s Technology Spending to Reach US$54.5 Billion in 2024: Report

06/18/2024

India's technology spending is expected to reach approximately US$54.5 billion in in 2024, outpacing other Asia Pacific regions.

China Briefing

China’s 2024-25 Energy Conservation and CO2 Reduction Plan - Compliance Considerations for Businesses

06/17/2024

Companies in heavily polluting industries may come under increased pressure to help meet China's emissions reduction targets for 2024 and 2025.

India Briefing

IT/ITES in Karnataka Get Labor Law Exemption for Five More Years

06/17/2024

Companies in the IT/ITES sector and knowledge industries in Karnataka will be exempted from provisions of the Industrial Employment (Standing Orders) Act till June 10, 2029.

Middle East Briefing

Economic Substance Regulations in the UAE 2024: Key Insights and Deadlines

06/17/2024

The UAE's Economic Substance Regulations require entities engaged in specified activities to submit annual notifications and reports. We discuss the compliance requirements and deadlines for 2024.

ASEAN Briefing

Indonesia's VAT Rate to Increase in 2025: How Businesses Can Get Ready

06/14/2024

The Indonesian government is expected to impose a 12 percent VAT in 2025, an increase of 1 percentage point from the current VAT rate.

China Briefing

China’s Wine Market Outlook: Trends and Opportunities

06/14/2024

China's wine market, with new trends and shifting consumption patterns, present opportunities for foreign wine producers and exporters.

ASEAN Briefing

Navigating Indonesia's Housing Savings Program: What You Need to Know

06/14/2024

Indonesia’s government plans to introduce a mandatory public housing savings program (Tapera) for employees in the private sector and those who are self-employed.

Vietnam Briefing

Vietnam Sets Record for Newly Established Firms in the First Five Months of 2024

06/14/2024

Nearly 65,000 firms entered the Vietnam market in the first five months of 2024 - the highest record ever with a 4.5 percent y-o-y increase.