News Across Asia - Page 65

China Briefing

China to Pilot Water Tax Nationwide: What Does It Mean for Businesses

10/17/2024

Starting from December 1, 2024, China will implement a pilot water tax nationwide, replacing the current water fee charging mechanism. The cost burden of water usage for residents and general industrial and commercial activities will remain unchanged.

Vietnam Briefing

Vietnam’s Digital Infrastructure Strategy: Opportunities for Foreign Investors

10/17/2024

Vietnam’s Digital Infrastructure Strategy, approved in October 2024, identifies priority areas for investment, providing clear guidance for foreign firms looking to engage with Vietnam's growing digital economy.

India Briefing

India's Fintech Sector Secures US$778 Million in Funding in Q3 2024

10/17/2024

India’s fintech sector witnessed substantial growth in Q3 of 2024, securing US$778 million in funding, a 66% increase compared to Q3 2023.

China Briefing

Transit Visa Exemptions in China: 24-Hour, 72-Hour, and 144-Hour Options

10/17/2024

Foreign travelers have several options for transit visa exemptions when traveling through China between two different countries, including 24, 72, or 144 hour transit visa exemptions.

China Briefing

China's Outbound Investment Trends: Sources, Destinations, and Key Sectors

10/16/2024

China’s outbound investment (ODI) is surging from already-record levels. In 2023, China's ODI rose by 8.7 percent to reach US$177.3 billion, making it the third-largest source of ODI globally.

India Briefing

India Mandates Audit Trail Compliance for All Companies: Understanding the Obligations

10/16/2024

We provide an overview of audit trails, detailing the mandatory compliance requirements under Indian corporate laws, the responsibilities of companies and auditors, and the penalties for non-compliance.

Vietnam Briefing

Vietnam’s On-Spot Export and Import Regime

10/16/2024

The management of on-the-spot export and import activities in Vietnam has exposed certain shortcomings, prompting the government to plan reforms to align with international standards and ensure fairness across different types of businesses.

ASEAN Briefing

Malaysia Public Holidays: Essential Dates for 2025

10/16/2024

Explore Malaysia's public holidays with our complete guide, covering national events like Hari Raya, Chinese New Year, and state-specific holidays.

Middle East Briefing

UAE Amends VAT Executive Regulations, Effective November 15

10/16/2024

The UAE has made substantial changes to its Value Added Tax (VAT) Executive Regulations, effective from November 15, 2024, carrying implications for businesses across various sectors, especially trade and financial services.

Middle East Briefing

UAE to Address India’s Concerns Over Increased Silver, Platinum Alloy, and Dry Date Imports Under CEPA

10/16/2024

The United Arab Emirates (UAE) has agreed to address India's concerns over a significant rise in imports of silver products, platinum alloy, and dry dates, taking advantage of lower tariffs under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).

Middle East Briefing

Saudi Arabia’s Pension Reforms Boost Mercer Global Pension Index Ranking

10/16/2024

Saudi Arabia’s Global Pension Index score rose to 60.5 in 2024, reflecting its pension reforms and leading to an upgrade of its pension system rating to C+ from C.

ASEAN Briefing

Singapore Sets April 2025 Deadline for Mandatory Digital Bunker Notes

10/15/2024

By April 2025, Singapore will require marine fuel suppliers to issue digital bunker notes, streamlining the bunkering process and boosting transparency between buyers and sellers.