News Across Asia

India-UK FTA: Broad Consensus on Scotch Whisky Imports Worry IMFL Brands

Despite concerns from domestic and IMFL whisky brands, discussions on Indian imports of Scotch whisky have made some progress, which is expected to be well-received by Indian consumers. The discussions had been previously held up due to tariff disputes.

Taking Advantage of Singapore’s Jurong Port Free Trade Zone: A Guide

The Jurong Port FTZ offers various advantages including duty and tax exemptions, and simplified customs procedures.

China Signals Support for Platform Companies Amid Easing ‘Tech Crackdown’

China's technology sector witnessed a sudden increase in regulatory scrutiny, resulting in major fines, antitrust penalties, and need for restructuring in the last 3 years. However, the 'tech crackdown' may well be in sight with the government showing open support for platform companies at all levels.

LEI Compliance for Foreign Portfolio Investment in India

Non-individual foreign portfolio investors (FPI) in India must submit their Legal Entity Identifier (LEI) details per directions from securities and market regulator SEBI.

Common Transfer Pricing Issues and How to Rectify Them

Vietnam's tax authorities have identified several transfer pricing (TP) and tax evasion issues over the years. Here's what firms should be aware of to ensure they are compliant.

Maharashtra’s IT-ITES Policy 2023: Key Points for Foreign Investors in India

The Maharashtra IT-ITES Policy 2023 contains more sectoral and area-wise subsidies and exemptions, real estate and infrastructure support for IT Parks & data centers, besides 24/7 industry status under categorization as an essential service.

Bilateral Trade Between Pakistan and Saudi Arabia, Status and Prospects

Starting A Business In The UAE? Points To Consider

Onshore Earnings Retention for Indonesian Commodity Exporters

Indonesia is obligating commodity exporters to retain a part of their foreign exchange earnings onshore from August 1, 2023.

Understanding China’s New Measures to Boost Private Investment 

Efforts to boost private investment will include identifying and promoting potential investment projects and providing private investors with financial and administrative support.

Vietnam News in Brief: Weekly Roundup July 28

Australian and Vietnamese mining firms ink rare-earth extraction agreement, cross-border services net tax authorities US$166 million, and Israel and Vietnam sign a free trade agreement, in this week's Vietnam News in Brief.

India-Japan Economic Partnership: Bilateral Trade, Infrastructure Projects, and Semiconductor Collaboration

Semiconductors, decarbonization, manufacturing, and infrastructure projects are key areas of India-Japan investor collaboration. They overlap with India's ambitious growth goals and economic development aspirations.