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News Across Asia

Vietnam Briefing

Payroll in Vietnam: A Guide to Compensation, Bonuses, and Benefits

12/23/2024

As a greater amount of foreign companies establish a business in Vietnam, a thorough knowledge of the country’s salary structure is vital to operate efficiently and to improve staff retention.

ASEAN Briefing

South Korea Extends ETA Exemption for Singaporeans

12/22/2024

South Korea has extended its K-ETA exemption for Singaporeans until 2025. This move boosts tourism and highlights growing investments.

China Briefing

China-Bulgaria Economic Ties: Trade, Investment, and Opportunities

12/21/2024

This article closely examines the bilateral trade and investment relationship between China and Bulgaria, exploring potential opportunities for future cooperation.

Middle East Briefing

End of Service Benefits in the UAE: A Step-by-Step Guide

12/20/2024

End of service benefits in the UAE are mandatory financial payments for private-sector employees, calculated based on basic salary and years of service, with eligibility starting after one year of continuous employment.

China Briefing

Closing a Company in China: General Deregistration vs. Simplified Deregistration

12/19/2024

This article highlights the differences between the general and simplified procedures when deregistering a company, explains the eligibility criteria, and clarifies common misunderstandings about these processes.

India Briefing

India Considers Relaxing Forex Rules for SEZ Services in Critical Sectors

12/19/2024

India is exploring easing foreign exchange payment rules for domestic companies availing SEZ services in defense and space sectors.

Vietnam Briefing

Q&A: Personal Income Tax Finalization in Vietnam

12/19/2024

We touch on some frequently asked questions on the personal income tax (PIT) finalization obligations of employers and employees in Vietnam, including deadlines.

ASEAN Briefing

Why BYD, GAC Aion, and Citroen are Betting Big on Indonesia’s EV Market

12/19/2024

Learn why BYD, GAC Aion, and Citroen are investing in Indonesia's EV market, driven by tax incentives and the country’s rich nickel reserves.

ASEAN Briefing

Navigating Data Protection Laws in ASEAN-6: A Guide for Foreign Investors

12/19/2024

Comply with data protection laws in ASEAN-6 markets—Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Key insights for investors.

ASEAN Briefing

Tax Implications for 13th Month Pay and Christmas Bonuses in the Philippines

12/18/2024

Learn how 13th Month Pay and Christmas bonuses are taxed in the Philippines. This guide covers the tax-exempt threshold, calculation examples, and practical tips for employees and employers.

India Briefing

India’s SEBI Tightens Rules, Reporting Norms for Foreign Portfolio Investors

12/18/2024

India's SEBI has introduced a framework that limits foreign portfolio investors (FPIs) from issuing offshore derivative instruments (ODIs) with derivatives as their underlying assets with the goal of improving transparency and preventing market manipulation.

China Briefing

China’s Economy in November 2024: Mixed Signals amid Persistent Challenges

12/18/2024

China's economy showed mixed performance in November 2024, with industrial production and exports showing resilience, while retail sales and fixed asset investment underperformed, amid ongoing challenges.

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