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.

China Briefing

Chinese Advertising Law: Market Regulator Issues Guidelines on the Use of “Absolute Terms”

New guidelines for using superlatives in advertising in China set clearer boundaries for permitted use and help to reduce unfair penalties.

China Joins Apostille Convention, Simplifying the Use of Foreign Documents

China's accession to the Convention simplifies authentication procedures required to use foreign documents for administrative matters in China.

E-Invoicing in China 2023: Expansion of the Fully Digitalized E-Fapiao Program (Updated)

We discuss the expansion of e-invoicing in China as the digital e-fapiao program widens its pilot roll-out with unique features.

China to Resume Issuing All Types of Visas for Foreigners

China will resume issuing all types of visas for foreigners, including the tourism visa, port visa, and multiple visa-exemption policies starting from March 15, 2023.

India Briefing

Intellectual Property Rights in India: Laws and Procedures for Registration

Protecting and managing your intellectual property should be an essential step for any business seeking to establish its presence in a new market.

PAN Application Procedure in India: A Step-by-Step Guide

In India, the 10-character alphanumeric PAN, which stands for permanent account number, is imperative for locals as well as foreign nationals and investors doing business in the country.

India and Australia to Mutually Recognize Education Degrees, Opening Up Commercial Prospects

India and Australia will mutually recognize each other's education degrees, opening up commercial prospects for education service providers.

International Law Firms and Foreign Lawyers Can Now Practice Law in India

Foreign lawyers and law firms can now practice law in India by way of transactional and corporate work, such as JVs, M&A, IP matters, and drafting contracts, etc. on a reciprocal basis.

Vietnam Briefing

Vietnam News in Brief: Weekly Roundup March 24

A big real estate buy, an airport delayed, and 52 US business leaders on a trade mission–Here’s this week’s Vietnam News in Brief

Vietnam’s Import-Export Turnover Tops US$49.3 Billion in February

Vietnam Customs has released its import-export data for February 2023. Here’s what it says.

Investing in Aquaculture in Vietnam

Vietnam has ambitious plans for its aquaculture industry. This article outlines these plans, highlights challenges confronting the industry, and explores potential opportunities for foreign companies.

Vietnam's Data Market: Overview, Regulations, and Current Competition

Vietnam’s data market is heating up. Here what it looks like and where it’s headed.

ASEAN Briefing

Singapore and Vietnam Sign MoUs to Enhance Economic Cooperation

Singapore and Vietnam have signed several MoUs cover collaboration on trade, the green-digital economy, and maritime and port cooperation.

Philippines Ratifies RCEP Agreement: Opportunities for Businesses

Having ratified the RCEP agreement in February, we discuss prospects in key growth sectors in the Philippines - agriculture, BPO, and electronics.

Indonesia Issues Incentives for New Capital City Project

Indonesia has issued various incentives to attract investments into its new capital city project.

Employment Permits in Malaysia

Malaysia provides several types of employment permits for foreign workers. We discuss these options in this article.

Silk Road Briefing

Egypt Becomes A Member Of The BRICS New Development Bank

Joins the original five members plus Bangladesh and UAE in acquiring a position within the BRICS bank equity In a sure-fire move that can be expected to usher in Egypt as a full member of the BRICS grouping, Cairo has taken an equity position within the New Development Bank (NDB). Previous equity was divided equally[.....]

Uzbekistan Wants China Relations To Progress From Trade To Investment

Since the implementation of Uzbekistan’s new economic policy last year, the country’s economic cooperation with external powers, including Russia, China, and the countries of the European Union has deepened considerably, with the Chinese presence in Uzbekistan deemed significant. In this article we aim to analyze economic cooperation between Uzbekistan and China in terms of trade,[.....]

Chris Devonshire-Ellis Discusses China's Belt & Road In The Russian Context & Xi Jinping's Visit To Moscow With CGTN

Chris Devonshire-Ellis was interviewed live on CGTN’s ‘Global Business’ Programme yesterday (March 21) concerning Chinese President Xi Jinping’s visit to Moscow to discuss overall trade developments and the Ukraine situation with Russian President Putin.

Shanghai Cooperation Organisation & Eurasian Economic Union To Strengthen Economic Partnership

By Chris Devonshire-Ellis Meetings to discuss Economic Cooperation have been held between Mikhail Myasnikovich, the Chairman of the Eurasian Economic Commission (EEC), and Zhang Ming, the Shanghai Cooperation Organisation (SCO) Secretary-General in Moscow. These discussions were reported by the Eurasian Economic Commission here.

Russia Briefing

Proposals Made For Establishing A Joint Russia-African Bank

Calls for a Russia-Africa Trade Policy Bank to better service pan-African Russia trade By Chris Devonshire-Ellis Burkina Faso, in West Africa, a member of the African Continental Free Trade Area (AfCFTA), has suggested creating a joint bank with Russia to facilitate financial transactions between the two countries and promote trade, according to Ousmane Bougouma, the[.....]

Russia, China, Propose Global Trade and Cooperation 'New Era'

Joint statement proposes a multi-polar world: existing allies may have the collective means to globally instigate this.  By Chris Devonshire-Ellis Now the dust has begun to settle concerning the Moscow summit held between Russian President Putin and Chinese President Xi Jinping, we can examine the strategic trade issues both sides commented on in their Joint[.....]

EBRD Report: Anti-Russian Sanctions Are Boosting Central Asian Economies

But the United States is looking to block the EU off as its own exclusive market   Countries in Central Asia and the South Caucasus have made impressive trade development strides thanks to the intermediary trade in goods from Western countries to Russia. After the introduction of sanctions, the trade turnover of the European Union[.....]

Russia's Transport Industry Adapts To A New Way Of Life

Bottleneck problems need time and investment to solve changes in logistics and deliveries The past year has ushered in new economic conditions, however the Russian transport and logistics industry has been able to adapt to them, says Alexander Morozov, the Managing Director of the SDEK international logistics and foreign economic activity company, based in the[.....]

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