Featured News
Stay on top of the latest business news from across Asia. Here we bring you a selection of the latest articles on economic, regulatory, tax, HR, and payroll developments published on our respective regional platforms.
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China Briefing
Why Hong Kong Bank Account Applications Are Rejected (Part 2): Preparing a Successful Application
Hong Kong banks reject account applications for a recurring set of reasons – documentation gaps, unverifiable funds, high-risk business models, and weak regional ties. In Part 2 of this two-part series, we set out the documentation banks expect, compare traditional banks, digital banks, and fintech platforms on onboarding and timelines, and outline the practical avenues available to businesses after a refusal.
China Minimum Wage Standards 2026
This article offers a guide to minimum wages in the Chinese Mainland and discuss how labor costs are affected by changes to the minimum wage levels. The data is current as of June 2026.
China’s Industries to Watch in 2026
China’s 15th Five‑Year Plan signals a structural transformation rather than a short‑term recovery, reshaping the industrial landscape from 2026 onward. Businesses must reassess China strategies through the lens of competitiveness, security, and policy alignment.
Shanghai’s Offshore Finance Plan: What It Covers and Why It Matters
China’s Shanghai offshore finance plan aims to boost cross-border flows and RMB use. Explore key policies and implications for businesses and investors.
India Briefing
How to Draft a Commercial Contract in India: Key Clauses, Legal Requirements, and Business Risks
Commercial contracts in India must comply with the Indian Contract Act, 1872, and applicable tax, regulatory, stamp duty, data protection, and sector-specific requirements.
Minimizing Contractual Risk in India: Essential Safeguards for Commercial Agreements
Learn how the Indian Contract Act, 1872, governs commercial contractual obligations in India, including contract formation, performance, breach, third-party agency, and business obligations.
Global Capability Centers in India: Setup, Location, Tax, and Compliance Guide
Learn how foreign companies can set up global capability centers in India, choose the right city, structure entities, and manage tax, transfer pricing, payroll, data protection, and compliance risks.
GST on Contract Employee Remuneration: Applicability, Rates, ITC, and Compliance
Understand how India's goods and services tax (GST) is applicable to contract employees. Learn the difference between salaries, contract staffing, and manpower supply services, applicable tax rates, ITC eligibility, and key compliance considerations for businesses and investors.
Vietnam Briefing
Vietnam Manufacturing Tracker: A First-Half 2026 Review
The Vietnam Manufacturing Tracker provides the latest data, industrial production indicators, and export performance insights to help investors monitor Vietnam’s fast-evolving manufacturing landscape.
Vietnam Personal Income Tax 2026: Key Changes Effective July 1
Vietnam's amended Personal Income Tax Law takes effect on July 1, 2026. Learn the key changes to deductions, exemptions, digital assets, and employer compliance.
As Vietnam Tightens Import Controls, Importer of Record Services Gain Importance
Importer of Record (IOR) services enable foreign businesses to import goods into Vietnam without a local entity by handling customs, permits, duties, taxes, and compliance.
From Outsourcing to Ownership: Using the BOT Model to Build a Software Team in Vietnam
Explore Vietnam’s expanding software outsourcing market and how Build-Operate-Transfer (BOT) models enable firms to establish scalable offshore centers.
ASEAN Briefing
Structuring a Tax-Efficient Operating Model in Malaysia
Structuring a tax-efficient operating model in Malaysia requires careful planning of business functions, intercompany transactions, and tax obligations. Find out what foreign investors should consider before commencing operations.
Hiring Foreign Employees in Thailand: Work Permit Rules
Hiring foreign employees in Thailand requires compliance with work permit rules, employer eligibility requirements, application procedures, and ongoing obligations.
Managing Intercompany Transactions in Indonesia: Key Accounting Considerations
Managing intercompany transactions in Indonesia requires careful accounting treatment, PSAK compliance, statutory financial reporting, and related-party disclosures.
Common Structuring Assumptions That Delay Indonesia Market Entry
Avoid common structuring mistakes that can delay market entry into Indonesia. Explore key legal, licensing, governance, and tax considerations for foreign investors.