News Across Asia - Page 138

China Briefing

China Releases New Draft Regulations on Generative AI

05/30/2024

China is striving to regulate generative AI while promoting innovation and technological advancement. The NISSTC has issued draft regulations outlining security measures for generative AI service providers, underscoring China's commitment to responsible AI development.

Vietnam Briefing

Vietnam Unveils Ambitious Master Plan for North Central and Central Coastal Regions

05/30/2024

Vietnam's North Central and Central Coast regions, home to 11 provinces boasting extensive coastlines, stands to benefit under a new Master Plan. We provide key details.

ASEAN Briefing

Navigating Southeast Asia: Maximizing Market Entry Success Through Multi-Country Benchmarking

05/30/2024

A multi-country benchmarking study can assist Southeast Asia investors in meticulous assessment of the region's comparative advantages.

India Briefing

Where Are India's Talent Hubs? Findings from New Talent Feasibility Study

05/30/2024

India's tier-1, tier-2, and satellite cities like Hyderabad, Navi Mumbai, Chennai, Pune, Gurugram, and Bengaluru have become specialized hiring hubs and are rising to the increasing demand from recruiters seeking diverse talent.

Middle East Briefing

Saudi Arabia Introduces Penalties for Overstay of Visit Visa Holders

05/30/2024

The recent visa reforms and regulations put forward by Saudi Arabia are part of its Vision 2030 initiative, aiming to diversify the economy, attract talents, promote tourism, lessen oil dependency, and globalize the kingdom in an orderly manner.

China Briefing

Highlights from China FM Wang Yi’s Visit to New Zealand and Australia (Updated)

05/30/2024

China FM Wang Yi's visit to New Zealand and Australia underscores efforts to strengthen economic ties and address differences.

Middle East Briefing

South Korea and UAE Formally Sign CEPA Trade Deal, Reaffirm US$30 Bn Investment Commitment

05/30/2024

The UAE and South Korea formally signed their free trade agreement, officially called the Comprehensive Economic Partnership Agreement (CEPA), on May 29, during the official visit of President Mohamed bin Zayed Al Nahyan to Seoul.

ASEAN Briefing

Regional Minimum Wages to Increase Across Vietnam 2024

05/29/2024

Vietnam's Ministry of Labor, War Invalids, and Social Affairs has proposed a six percent increase in the minimum wage, effective July 1, 2024.

Vietnam Briefing

Trends in Vietnam's Banking Industry and 2024 Outlook

05/29/2024

We discuss key growth drivers for Vietnam’s banking industry, notable deals, pivot to privatization, challenges and opportunities for investors, and emerging trends in the alternative lending market.

Vietnam Briefing

Funding Vietnam’s Green Growth: The ESG Initiative and Work of Credit Institutions

05/29/2024

Vietnam’s regulators, banks, and international aid agencies are promoting the adoption of ESG by private firms by easing funding access, supporting the implementation of the country's Green Growth Strategy for 2021-2030.

China Briefing

US Tariff Increases on Chinese Imports - Implications for Trade and Businesses

05/29/2024

The recently proposed US tariff increases on Chinese imports, which include EVs, solar panels, and semiconductors, are anticipated to affect the prices of specific products within the US market and have tangible repercussions for Chinese exporters.

India Briefing

Why Foreign Portfolio Investors May Soon Prefer India's GIFT IFSC Over Traditional Investment Routes

05/28/2024

India's GIFT City has lucrative tax benefits, which has enhanced its appeal for foreign portfolio investors over traditional investment routes via Mauritius or Singapore. We explain more.