News Across Asia - Page 12

China Briefing

China’s Economy in H1 2025: GDP, Trade, and FDI Highlights

07/16/2025

China’s economy grew 5.3 percent year‑on‑year in H1 2025, driven by robust industrial output, export strength, and targeted investment.

ASEAN Briefing

Intellectual Property in Indonesia: A Guide for Foreign Investors

07/16/2025

Foreign companies entering Indonesia must secure IP rights through proper registration, local compliance, and enforcement strategies.

ASEAN Briefing

Termination and Severance Pay in Indonesia: What Foreign Employers Need to Know

07/16/2025

Foreign employers in Indonesia must follow strict rules on termination and severance pay to remain compliant and avoid legal disputes.

India Briefing

India's New Income Tax Bill 2025: An Overview

07/16/2025

On July 16, 2025, a parliamentary panel in India submitted 285 recommendations on the draft Income Tax Bill, 2025. The proposed legislation, expected to come into effect by April 2026, aims to replace the Income Tax Act of 1961.

Middle East Briefing

UAE Corporate Tax Filing 2025: Key Compliance Steps for Audit and Transfer Pricing Readiness

07/16/2025

UAE businesses must complete audits, transfer pricing adjustments, and disclosures by September 30, 2025, to ensure Corporate Tax compliance.

China Briefing

Shanghai Raises Minimum Wage in 2025

07/16/2025

Effective July 1, 2025, Shanghai raised its minimum wage to RMB 2,740 per month and RMB 25 per hour. The adjustment reflects a stable, cautious wage policy amid shifting economic conditions.

China Briefing

China-Australia Economic Ties: Trade, Investment, and Latest Updates

07/16/2025

On October 10, the Australian government announced that it has agreed on a timetable with China for the full resumption of Australian live rock lobster exports by the end of 2024.

India Briefing

Trade War Economics: India's Moment in the US's Tariff Strategy

07/15/2025

NITI Aayog's July 14, 2025, quarterly study shows India has gained advantages in 22 major export sectors through the US tariff changes that favor domestic producers over countries like China, Canada, and Mexico.

Vietnam Briefing

Vietnam Personal Data Protection Law: Latest Developments and Insights

07/15/2025

Effective from July 1, 2026, Vietnam Personal Data Protection Law establishes the country’s first comprehensive legal framework dedicated solely to the protection of personal data. The new law grants organizations a one-year transitional period to adapt their operations to comply with the updated legal requirements.

ASEAN Briefing

Tax Reporting Requirements for Foreign Businesses in Vietnam

07/15/2025

Understand Vietnam’s tax reporting rules for foreign companies, including CIT, VAT, PIT, transfer pricing, and e-filing systems.

China Briefing

China Company Law Follow-Up: Rules Clarified on Use of Reserve Funds, Non-Monetary Capital Contributions

07/15/2025

China’s Ministry of Finance has clarified compliance procedures for using reserve funds to offset losses and making capital contributions through non-monetary assets, with implications for financial reporting, compliance procedures, and fund management.

India Briefing

Apple’s Contract Manufacturers and Component Suppliers in India

07/15/2025

Apple is reportedly planning to expand its partnership with Tata Group to manage iPhone and MacBook repairs in India. We note major contract manufacturers of Apple products in India and list their locations and investment scope.