News Across Asia

Unified Gulf Cooperation Council Visas To Be Implemented Soon

Import Relief for IT Hardware Companies as India Encourages Local Production

Major IT hardware companies have held talks with the Indian government, leading to a postponement of import curbs. Instead, the focus is now on promoting local production alongside a new import management system.

India Introduces Final Angel Tax Rules for Overseas Investments in Startups

India has finalized its rules for taxing overseas investments in startups in the country—commonly called the 'angel tax' provision. We discuss the valuation process for startup investors under the amended Rule 11UA.

Companies in India Can Hold Virtual AGMs and EGMs till September 30, 2024

Companies in India can hold their AGM/EGM meetings for 2023-2024 virtually until September 30, 2024, following a clarification from the MCA.

Exploring Friendshoring: Shifting Operations in Asia and China+1

In this article, we look at the possible destinations for friendshoring, focusing on the relationships of key Asian countries with the US and Europe.

China's Digital Yuan App Gets a Boost: New Features Enhance Convenience for Foreign Users

China's digital yuan app has added a new function allowing foreigners to top-up the money in their wallets before making payments, improving their experience with the e-CNY payment services.

Investing in Industrial Zones in Vietnam

The industrial real estate market in Vietnam has experienced a dramatic increase in foreign direct investment (FDI). In this article, Vietnam Briefing lays out a panoramic view of the sector and its key growth drivers.

Kuwait Unveils Fourth 2040 Development Master Plan

Shanghai and Beijing Take Crucial Step in Liberalizing Cross-Border Capital Transfer

Beijing and Shanghai are set to liberalize the inflow and outflow of foreign capital for foreign companies and employees.

Construction Industry in Vietnam: Design Software Regulations

The Ministry of Construction (MoC) has regulated the use of certain technologies in the design and construction of new dwellings and buildings. We discuss the scope of regulations and foreign investment opportunities in the application of digital technologies in Vietnam’s architecture, engineering, and construction industry.

UK – Gulf Cooperation Council Free Trade Agreement Talks: Latest Updates

India’s Auto Component Manufacturing Success and its Vision for EV Adoption

In recent years, India's auto component manufacturing industry has seen a surge in Indian OEM suppliers, strengthening its position in the global automotive supply chain.