Labuan, a federal territory of Malaysia, issued a new tax framework in early 2019, which impacts a variety of tax requirements, such as the abolition of the 20,000-ringgit tax ceiling.
The US extended Indonesia’s Generalized System of Preference (GSP) status in early November 2020, meaning thousands of Indonesian exports to the US are duty free.
Liberalized market access, ease of doing business, tax breaks, and sector-based incentives make India an attractive investment destination for US investors.
China's Double 11 shopping festival this year will be regarded as a barometer of the country's consumption strength and economic resilience after COVID.