News Across Asia

India’s Economic Rise: How Global Tech Giants are Chasing the Next Big Growth Engine

India stands as a tech haven, with major tech firms like Apple, Microsoft, and Meta witnessing exponential growth and showcasing the country's resilience, driven by strategic positioning, a commitment to digitalization, and demographic advantages.

50 Years of Luxembourg-Vietnam Relations Sees Two-Way Trade Stronger than Ever

Vietnam and Luxembourg celebrated 50 years of diplomatic relations last month. To mark the occasion, Vietnam Briefing looks at the trading relationship between these two countries.

ICAI Releases Draft Auditing Standards for LLPs in India, Seeks Public Comments by January 6

The Institute of Chartered Accountants of India has released an exposure draft for public comments until January 6, 2024, proposing new auditing standards for Limited Liability Partnerships (LLPs) in India to align them with prevailing corporate auditing norms.

Iran, Oman, Planning To Sign Preferential Trade Agreement

Thailand and Hong Kong Launch Cross-Border QR Payments

Thailand’s central bank and the Hong Kong Monetary Authority launched a new cross-border QR payment links.

Understanding How the Concept of Significant Economic Presence Applies in Indian Taxation

We explore tax provisions on 'significant economic presence' in India and compare with the equalization levy liability amid stakeholder concerns.

Vietnam’s Just Energy Transition Partnership Resource Mobilization Plan: Unpacked

Vietnam’s Just Energy Partnership Resource Mobilization Plan (JETP-RMP) has been completed and was presented last Friday at the Conference of Parties 28 in Dubai. Here are the key takeaways from the plan.

China Tax Risks in Indirect Equity Transfer: A Case Study

In this article, we explain what an indirect equity transfer is and explore the corresponding tax risks in China by studying a typical case.

Saudi Arabia and Turkiye Target US$30 Billion in Bilateral Trade

All Apps and Mini Programs to be Registered by End of March 2024 - A Quick Guide 

As the March 31 deadline approaches, we explain the required procedures for apps and mini programs in China to register with the industry regulator.

US 2023 Foreign Investment into China – Data Analysis on Deals, Values, M&A and Investments

Despite Washington’s negative focus towards Beijing, numerous Chinese industrial sectors are attracting significant US investments. We analyze what’s going on, and where.

Thailand Issues New Investor Visa for Eastern Economic Corridor

Thailand’s Eastern Economic Corridor has issued a new investor visa in a bid to boost foreign investments in targeted industries.