News Across Asia - Page 82

India Briefing

Karnataka Global Capability Center Policy 2024-2029: Key Features

12/11/2024

The Karnataka Global Capability Center (GCC) Policy, launched November 2024, focuses on AI, collaboration between academia and the private sector, R&D, talent development, and expanding investment zones beyond the capital Bengaluru through fiscal, regulatory, and tax incentives.

Vietnam Briefing

Vietnam’s 2024 VAT Law: Key Provisions and Changes to the VAT Regime

12/11/2024

Vietnam’s 2024 Law on Value-added Tax (VAT) will take effect from July 1, 2025 and the 2% reduced VAT regime is extended till end June 2025.

ASEAN Briefing

Australia Invests in Singapore’s FAST-P for Green Growth

12/11/2024

Australia's investment in Singapore's FAST-P supports green infrastructure, decarbonization, and regional sustainability goals.

India Briefing

Mitigating Business Partnership Risks When Entering the Indian Market

12/11/2024

Foreign SMEs and investors can mitigate business partnership risks in India by conducting comprehensive due diligence checks and seeking local expert guidance for reviewing the target company's history, financial health, legal compliance, and operational capabilities.

China Briefing

Encouraged Catalogue for Western China 2025: Trends and Opportunities

12/11/2024

China has unveiled the latest Encouraged Catalogue for Western China 2025, in a bid to lure investment into prioritized areas of its vast western region.

Vietnam Briefing

NVIDIA Expansion into Vietnam: Potential for AI Sector Growth

12/11/2024

NVIDIA, a leading American AI computing company, has recently shown strong interest in Vietnam's market alongside other technology giants expanding into Southeast Asia.

China Briefing

China-Sweden Economic Relations: Trade, Investment, and Opportunities

12/10/2024

China and Sweden are each other’s largest trading partners in Asia and Northern Europe, with notable Swedish exports including pharmaceuticals, machinery, and transport equipment.

India Briefing

Tax Advisory for Remote Workers in India: Optimizing Savings

12/10/2024

We discuss key tax considerations, compliance requirements, and strategies to optimize savings for remote workers in India.

Vietnam Briefing

Driving Growth: Business Opportunities in Vietnam's North-South High-Speed Railway Project

12/10/2024

We explain how Vietnam's North-South high-speed railway project will upgrade its underdeveloped rail system and boost logistics performance.

ASEAN Briefing

Apple’s US$1 Billion Bet on Indonesia: Local Compliance and Market Growth

12/10/2024

Apple’s US$1 billion investment aims to meet Indonesia’s local content rules, lifting the iPhone 16 ban and boosting market growth in Southeast Asia.

Middle East Briefing

UAE Announces Domestic Minimum Top-up Tax from January 1, 2025

12/10/2024

The UAE Ministry of Finance has announced pivotal amendments to Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, including the introduction of the domestic minimum top-up tax (DMTT) and proposed tax incentives to boost R&D and create high-value employment.

China Briefing

New Guide for Cross-Border Personal Data Transfers in the GBA: A Roadmap for Compliance and Security

12/09/2024

The Technical Committee for Information Security Technology (TC260) has released a new guide to standardize cross-border personal data transfers between the Chinese Mainland and Hong Kong within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This guide introduces enhanced security standards and mutual recognition mechanisms, aiming to facilitate smoother data flows while ensuring robust protection of personal information.