News Across Asia - Page 158

ASEAN Briefing

Singapore Cybersecurity Draft Amendment Bill: Public Consultation Ends Jan. 15

01/10/2024

The Cyber Security Agency (CSA) of Singapore is seeking views on the draft Cybersecurity (Amendment) Bill until January 15, 2024. We list key threats that are being addressed by the Bill.

Middle East Briefing

UAE Criteria to Determine Natural Persons Subject to Corporate Tax

01/10/2024

We discuss the applicability of corporate tax on natural persons in the UAE, that is individuals conducting a business or business activity, as well as key exemptions.

Middle East Briefing

The UAE F&B Market: Opportunities for Businesses

01/10/2024

The UAE's F&B market, the Gulf's second-largest after Saudi Arabia, thrives on consumption driven by an affluent local population, large expat presence, and the country's role as a regional commercial hub attracting millions of global visitors yearly.

Middle East Briefing

Dubai Ban on Single-Use Plastic Bags Began on January 1

01/10/2024

Dubai has introduced a phased ban on single-use products in its market, starting with single-use plastic bags from January 1, 2024. We list key details for businesses to pay attention to for compliance.

China Briefing

China’s 2024 Catalogue for Guiding Industry Restructuring

01/09/2024

The 2024 Catalogue for Guiding Industry Restructuring, announced by China's NDRC, marks a strategic shift by focusing on high-tech industries and environmental priorities. Businesses are urged to grasp the dual emphasis, align with evolving policies, and capitalize on emerging opportunities in the dynamic economic landscape.

Vietnam Briefing

Vietnam’s Business Climate Stabilizing: EuroCham Q4 Survey

01/09/2024

EuroCham Vietnam’s Business Confidence Index for the fourth quarter of 2023 has been released. Here’s what it reveals about the current business climate in Vietnam for firms doing business with Europe.

India Briefing

India’s Tax Authority Issues Notification for Non-Resident Investors in Financial Products via IFSC Units

01/08/2024

The Ministry of Finance notification delineates the criteria for the recognition of investment in a financial product by non-residents, particularly when the income is deposited in the non-resident's account with the Offshore Banking Unit of the IFSC, as specified in section 80LA.

ASEAN Briefing

Incentives in Malaysia’s Special Economic Zones: A Guide for Businesses

01/08/2024

Malaysia's special economic zones offer fiscal incentives and sector-specific perks, including tax relief and tailored benefits, along with robust infrastructure. We list the available incentives for businesses in the country's respective SEZs.

China Briefing

How to Ensure Successful ERP Implementation in China?

01/08/2024

Successful ERP implementation hinges on cultivating precise expectations, a profound grasp of business essentials, and a meticulous plan, while enlisting a capable implementer and employing shrewd end-user strategies to unleash the system's transformative power.

Vietnam Briefing

Malaysia-Vietnam Aim for US$18 Billion in Two-Way Trade

01/08/2024

Malaysia and Vietnam have become pivotal trade connections between each other and global supply chains broadly. Here’s how trade works between these two burgeoning Southeast Asian economies.

Middle East Briefing

Delays Anticipated to Oman-India FTA Over Duty Concessions on Petrochem Products

01/08/2024

Customs duty concessions on petrochemical products, utilized heavily in the plastics industry, are raising concerns among Indian stakeholders.

China Briefing

China Monthly Tax Brief: December 2023

01/05/2024

In this monthly China tax brief, we highlight December 2023 tax and foreign exchange policies for supporting businesses, attracting talents, and facilitating cross-border investment and transactions.