News Across Asia - Page 71

Middle East Briefing

UK FDI Interest in the GCC Markets: Opportunities for Strategic Growth

10/01/2024

The Gulf Cooperation Council countries present a fertile ground for UK foreign direct investment, with opportunities across diverse sectors from renewables to healthcare to technology. These prospects will foster greater business collaboration, market penetration, and job creation, and are fueling the UK's drive to secure a free trade agreement with the GCC.

ASEAN Briefing

Indonesia Reduces Local Content Requirements to Boost Green Energy Investments

09/30/2024

Indonesia relaxes local content requirements for renewable energy projects to attract foreign investment and meet its 2025 renewable energy target.

India Briefing

India-Sweden Bilateral Trade and Investment

09/30/2024

The bilateral relationship between India and Sweden is benefiting from a growing focus on manufacturing, technology, and sustainability.

Vietnam Briefing

Vietnam Considers 9-Day Tet Break for 2025

09/30/2024

The Vietnam government is positively considering a 9-day Tet break for 2025 from January 25 to February 2. Proposals for extended breaks during other national holidays are also under review. Foreign investors and vendors planning business meetings should be mindful of the country’s public holiday schedules when arranging visits.

Middle East Briefing

A Guide to AML/CFT Compliance and Reporting in the UAE

09/30/2024

This guide provides an overview of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) compliance requirements for Financial Institutions (FIs) and Designated Non-Financial Businesses and Professions (DNFBPs) in the UAE, reporting best practices, and area-wise supervisory authorities.

Middle East Briefing

Türkiye Revises Economic Outlook for 2025-2027: Balancing Inflation, Growth, and Opportunities

09/30/2024

Turkiye’s revised economic outlook for 2025-2027 reflects a strategic shift amid high inflation and slowing growth.

China Briefing

2024 China National Day Holiday Guide: Rest Days, Work Schedule, and Overtime Pay

09/29/2024

The 2024 China National Day holiday is just around the corner. This article outlines the official holiday and work adjustment schedule released by the Chinese government, as well as the guidelines for salary payments and overtime pay during this period.

India Briefing

India-Australia: Bilateral Trade and Investment Profile

09/27/2024

India-Australia bilateral trade and investment can benefit from the interim free trade treaty - ECTA - with new opportunities identified in critical minerals, education, and technology sectors.

China Briefing

China-Switzerland Economic Ties: Trade and Investment Highlights

09/27/2024

China and Switzerland's economic ties have grown, with trade exceeding RMB 416.93 billion (US$57.34 billion) in 2023. The Free Trade Agreement, currently under update, strengthens key sectors like pharmaceuticals, machinery, and luxury goods.

China Briefing

China-Thailand Economic Ties: Trade and Investment Opportunities

09/27/2024

China and Thailand maintain a robust economic relationship, with bilateral trade reaching US$126.3 billion in 2023. China is Thailand’s largest trading partner and top foreign investor, supported by partnerships such as the ASEAN-China FTA and RCEP.

Vietnam Briefing

Vietnam Fintech and Payroll Innovation: Understanding the Concept of Earned Wage Access Services

09/27/2024

Earned Wage Access (EWA) services is a relatively new fintech concept in Vietnam, aligning with policies aimed at promoting financial inclusion. Although this service segment is still in its early development stage, it has the potential to provide financial services and products to a significant underbanked population that often relies on dubious loan providers.

India Briefing

India Shortens Deadline for Filing CSR-2 Return: MCA Notification

09/27/2024

Companies in India that report their corporate social responsibility expenditure must file the CSR-2 Return for FY 2023-24 by December 31, 2024.