News Across Asia

China's Tourism Sector Prospects in 2023-24

Amid the post-pandemic recovery, China's tourism sector is coming back strong in 2023. We discuss the resurgence of outbound and domestic travel, evolving traveler preferences, and latest trends.

Economic Partnership Talks Launched by Indonesia and Peru

Indonesia and Peru have begun negotiations on a future Indonesia-Peru Comprehensive Economic Partnership Agreement, with the aim of increasing bilateral trade and investments.

Vietnam’s MedTech Industry: Building a Solid Business Foundation to Ride the Next Wave of Growth

Two years of COVID-19 outbreaks, have accelerated digital disruption in medtech in Vietnam. Here’s what that might mean for foreign firms.

Are Employee Bonuses and Commissions Liable For Individual Income Tax In The UAE?

India Plans Manufacturing Incentive Scheme for Toys, Leather, and Footwear Products

India to expand PLI scheme to toys, footwear, and leather goods, boosting manufacturing and investment for economic growth and self-reliance.

Consumer Rights in Vietnam: Legal Obligations and Liabilities of Companies

Vietnam’s legislature recently issued a draft amendment to the country's Law on the Protection of Consumer Rights. Here's what it says.

Exporting Food Products to China: A Step by Step Guide

Read our updated step by step guide to exporting food products to China to safeguard your business against the risk of having products returned or destroyed.

UAE Free Zones See High Foreign Establishment Demand

Pakistan’s Regional Trade Barter Mechanism Has Stalled

India Introduces Taxation Changes for High-Premium Life Insurance Policies

India has recently introduced a new tax rule for life insurance policies where any proceeds received from a life insurance policy with an annual premium exceeding INR 500,000 will be subject to taxation.

Philippines and EU Resume Free Trade Talks

The Philippines and the European Union have resumed talks over a possible future free trade agreement.

US Bans New Investments in China’s Sensitive High-Tech Industries

In August, President Joe Biden issued an Executive Order imposing a ban on new US investments in the Chinese economy, specifically targeting the advanced semiconductor, quantum IT, and AI industries. The ban covers indirect investments, PE, VC, JV, as well as greenfield investments.