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News Across Asia

Vietnam Briefing

Proposed Vietnam Industrial Classification System Prioritizes Green Economy

10/03/2024

The Ministry of Planning and Investment (MPI) is inviting public comments on a draft decision from the Prime Minister regarding the establishment of a new Vietnam Standard Industrial Classification System (VSIC). A key feature of this system is the inclusion of a National Green Economy framework, aimed at promoting sustainable practices in Vietnam's industrial sectors.

China Briefing

Renegotiating Long-Term Commercial Contracts for Greater Cost Savings

10/03/2024

All long-term commercial contracts that represent significant and fixed costs for a business are suitable for renegotiation, which can lead to significant savings and greater resilience.

ASEAN Briefing

Malaysia’s Family Office Incentives: A Challenge to Singapore?

10/03/2024

Malaysia introduces family office incentives in the FCSFZ, offering benefits that could compete with Singapore’s established financial hub.

Middle East Briefing

UAE’s New Organizational Framework to Combat Financial Crimes

10/03/2024

Amending its organizational framework to combat financial crimes, the UAE has established the NAMLCFTC, which replaces the Executive Office of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT).

Middle East Briefing

Navigating Saudi Arabia's Personal Data Protection Law and Regulatory Framework

10/03/2024

Saudi Arabia's Personal Data Protection Law (PDPL), effective September 14, 2024, requires organizations to follow comprehensive guidelines from the Saudi Data and Artificial Intelligence Authority (SDAIA) to ensure data privacy compliance.

ASEAN Briefing

Malaysia Issues Incentives for Forest City Financial Zone

10/02/2024

Discover the incentives offered by Malaysia's Forest City Financial Zone, designed to attract global businesses and talent.

China Briefing

China Issues New Regulations on Network Data Security Management, Effective January 1, 2025

10/02/2024

On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.

ASEAN Briefing

Singapore’s New Workplace Fairness Law: What Employers Need to Know

10/01/2024

Learn how Singapore’s proposed Workplace Fairness Legislation will reshape employment practices by banning discrimination and enforcing grievance processes.

Vietnam Briefing

Major Upgrade of Vietnam's Port System Under Decision No. 442/QD-TTg

10/01/2024

Vietnam aims to upgrade its port system by 2030, targeting an annual cargo capacity of 1.25 to 1.5 billion tons per Decision No. 442/QD-TTg.

Vietnam Briefing

IMF Projects 6.1% Growth for 2024 for Vietnam Amid Challenges

10/01/2024

In its September report, the IMF revised its GDP growth forecast for Vietnam in 2024 up to 6.1%, with GDP reaching US$468.5 billion.

India Briefing

Managing CSR Obligations in India: Company Best Practices

10/01/2024

Adopting certain best practices can help companies meet their corporate social responsibility (CSR) obligations, build a positive reputation, and make meaningful contributions to socioeconomic welfare and sustainable development.

China Briefing

Zhejiang Province Extends Marriage Leave to 13 Days

10/01/2024

Amid Zhejiang’s recent extension of marriage leave from 3 days to 13 days, we provide a comprehensive table of marriage leave policies across China’s major provinces.

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