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
China’s Economy in H1 2025: GDP, Trade, and FDI Highlights
China’s economy grew 5.3 percent year‑on‑year in H1 2025, driven by robust industrial output, export strength, and targeted investment—though domestic consumption, real estate, and private investment lag behind. The key challenge ahead is turning headline momentum into sustained, broad‑based recovery, especially by boosting household demand and investor confidence amid external uncertainty. China’s economy expanded by […]
Shanghai Raises Minimum Wage in 2025
Effective July 1, 2025, Shanghai has raised its minimum wage to RMB 2,740 per month and RMB 25 per hour. The adjustment reflects a stable, cautious wage policy amid shifting economic conditions.
How 2025 Tariffs Are Changing China’s Export Landscape
Facing rapid US tariffs hikes in 2025, China's export saw front-loaded shipments in March, leading to a surge ahead of steadier April volumes.
EU-China Relations After the 2024 European Elections: A Timeline
Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
India Briefing
India's New Income Tax Bill 2025: An Overview
On July 16, 2025, a parliamentary panel in India submitted 285 recommendations on the draft Income Tax Bill, 2025. The proposed legislation, expected to come into effect by April 2026, aims to replace the Income Tax Act of 1961.
India’s Updated Income Tax Return Forms for AY 2025–26 Explained
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.
Tax Advisory for Remote Workers in India: Optimizing Savings
We discuss key tax considerations, compliance requirements, and strategies to optimize savings for remote workers in India.
A Guide to India’s TDS Rates for FY 2025-26
We explore India's updated tax deducted at source (TDS) rates and threshold changes for FY 2025–26 as per the Finance Act 2025, including detailed section-wise rates, compliance updates, and key tax reforms.
Vietnam Briefing
Vietnam-US Trade Deal 2025: Summary, Impacts, and Strategic Responses
This article examines the implications of the Vietnam-US trade deald, the concerns expressed by the Vietnamese business community, and strategic responses to navigate the evolving trade landscape.
Thanh Hoa Province: Opportunities in the Emerging Manufacturing Hub
Backed by robust government support, abundant labor, and a rising number of foreign direct investment (FDI) projects, Thanh Hoa is becoming a preferred destination for investors seeking long-term, cost-efficient growth in the manufacturing and export sectors.
Certificate of Origin in Vietnam: A Brief Guide on C/O Application
This article examines the various C/O types, their application processes, and the specific forms associated with different trade agreements to help businesses adopt the best C/O application methods.
Vietnam Enhances Incentives for National Innovation Center: Implications for Business and Startup Community
On May 5, 2025, Vietnam introduced Decree No. 97/2025/ND-CP (“Decree 97”), providing incentives for the National Innovation Center (NIC) to create a more favorable environment to foster innovation among the country’s business community.
ASEAN Briefing
Termination and Severance Pay in Indonesia: What Foreign Employers Need to Know
Foreign employers in Indonesia must follow strict rules on termination and severance pay to remain compliant and avoid legal disputes.
Intellectual Property in Indonesia: A Guide for Foreign Investors
Foreign companies entering Indonesia must secure IP rights through proper registration, local compliance, and enforcement strategies.
Tax Reporting Requirements for Foreign Businesses in Vietnam
Understand Vietnam’s tax reporting rules for foreign companies, including CIT, VAT, PIT, transfer pricing, and e-filing systems.
Beyond Call Centers: The Rise of High-Value IT-BPM Services in the Philippines
Finance, legal, IT, and analytics are driving the Philippines’ shift beyond call centers into high-value IT-BPM services for investors.