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News Across Asia

China Briefing

China's New Vocational Skills Training Initiative: Opportunities for FIEs

07/24/2025

China's new Vocational Skills Training Initiative (2025–2027) aims to upgrade workforce capabilities across strategic sectors, improve labor inclusion, and align training with market needs.

India Briefing

India's FTA Network: Updates in 2025

07/24/2025

Explore 2025 updates on India’s evolving Free Trade Agreement (FTA) landscape. On July 24, 2025, India and the UK formally signed an FTA, a momentous step forward in India’s trade relations with major developed economies.

India Briefing

India’s Updated Income Tax Return Forms for AY 2025–26 Explained

07/24/2025

India’s Income Tax Department released ITR Forms 1 and 4 on July 11, 2025, following the rollout of ITR Forms 2 and 3 in May. Key updates include changes to capital gains reporting, revised LTCG exemptions, and form-specific compliance rules.

ASEAN Briefing

Inside the Philippines–U.S. Trade Deal: Zero Tariffs for America, 19% for Manila

07/24/2025

The Philippines faces a 19% export tariff under a new U.S. trade deal granting tariff-free access to American goods.

Vietnam Briefing

Your Travel to Vietnam Becomes Easier with These Visa Reforms

07/24/2025

Learn how Vietnam’s visa reforms in 2025 make travel and long-term residence easier for investors, professionals, and tourists.

ASEAN Briefing

Understanding Investment Licensing in Vietnam: IRC, ERC, and Beyond

07/23/2025

Understand Vietnam’s IRC and ERC process, licensing timelines, and compliance rules for foreign investors entering key sectors.

Vietnam Briefing

Vietnam Updates Special Consumption Tax System: New Compliance in 2026

07/23/2025

On June 14, 2025, Vietnam’s National Assembly passed the 2025 Law No. 66/2025/QH15 on Special Consumption Tax (SCT) to address remaining issues and resolve inconsistencies and overlaps with other regulations.

China Briefing

China Rolls Out Additional Policies to Boost Foreign Firms’ Reinvestment

07/23/2025

China unveiled a fresh policy package to promote foreign reinvestment, addressing investor concerns through streamlined approvals, tax perks, and better financing access —part of a broader strategy to stabilize investment and deepen economic ties.

India Briefing

India’s PLI Schemes Clears 806 Projects, Drives US$20 Billion in Investment

07/23/2025

As of July 21, 2025, a total of 806 applications have been approved under India’s Production Linked Incentive (PLI) schemes. By March 2025, the schemes had attracted investments amounting to INR 1.76 trillion (US$20.3 billion) across 14 key sectors.

Middle East Briefing

Kuwait Introduces Minimum Top-Up Tax for Multinational Enterprises

07/23/2025

Kuwait introduced a 15 percent Domestic Minimum Top-Up Tax for large multinational groups starting 2025, aligning with OECD BEPS Pillar Two.

ASEAN Briefing

Australia–Malaysia Partnership at 70: What It Means for Foreign Investors

07/22/2025

Decades of cooperation between Australia and Malaysia are driving new investment opportunities across trade, energy, and digital sectors.

ASEAN Briefing

Singapore’s New Medical Insurance Rules for Foreign Workers Are Now in Effect

07/22/2025

Singapore’s new insurance rules for foreign workers took effect July 1, 2025. Learn how premiums and coverage have changed.

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