News Across Asia

Asia Transfer Pricing Brief: Q4 2023

In our Asia Transfer Pricing Brief for Q4 2023, we discuss annual peer reviews of BEPS Action 13 and BEPS Action 5 as well as the MAP statistics released for 2022 and offer advisory on best practices for MNEs.

Draft Amendment to Vietnam’s Pharmacy Law Proposes New Incentives for Foreign Firms

The Ministry of Health has released a draft amendment to the Pharmacy Law that would give foreign pharmaceutical companies more rights and incentives. Here are the details.

GCC Countries 2024 Economic Outlook and Growth Trends

GDP Expands 5.2% in 2023 - Analyzing China's Key Economic Indicators

China's GDP in 2023 beat targets thanks to strong performance in industrial and service sectors. We look at China's 2023 economic indicators and discuss the country's economic trajectory.

Thua Thien Hue: An Emerging Investment Destination

Central Vietnam is becoming increasingly popular with foreign manufacturers. Thua Thien Hue, in particular, has drawn the attention of a number of international firms. In this article, Vietnam-Briefing looks at why that is.

Leveraging Section 80EEB: Tax Benefits for Businesses on Electric Vehicle Loans

India has in place tax incentives for businesses and individuals taking loans to buy electric vehicles. We discuss the relevant provisions under Section 80EEB of the Income Tax Act, 1961.

Singapore and Malaysia Plan Joint Special Economic Zone in Johor State

Singapore and Malaysia are partnering to create a special economic zone in Malaysia's Johor state, adjacent to the Singaporean border.

The Scope for Foreign Investment in India’s Green Growth Challenge

We discuss how India's efforts to develop its green economy and overcome key sustainability development challenges offer foreign companies various profitable business opportunities.

Tax Transformation: Indonesia Introduces New Income Tax Regulations

Indonesia’s government has introduced Government Regulation 58 of 2023 (GR 58/2023) on new income tax deduction rates for individual taxpayers.

Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code

We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.

India-UAE Business Summit Held at 2024 Vibrant Gujarat Global Investor Conclave

China‘s GDP Expanded by 5.2% in 2023: NBS

China's gross domestic product expanded by 5.2 percent in 2023 while the population decreased 2.08 million as compared to last year.