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.
The 2024-25 Hong Kong Budget introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.
China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.
The new Hong Kong-Mainland Recognition and Enforcement of Judgments (REJ) regime came into effect on January 29, 2024. In this article we introduce the essentials of this scheme and assess its potential ramifications on businesses.
We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.
Three new plants from the Tata Group and CG Power-Renesas join Micron in advancing the manufacturing capacity in India's semiconductor sector.
We track India's efforts to facilitate foreign investment into its indigenous semiconductor industry (developing fabs. chip design, ATMP).
India will permit FDI up to 100 percent under the automatic route in the space sector for the manufacturing of components, systems, or sub-systems associated with satellites, ground segments, and user segments.
Both Gujarat and Maharashtra offer investors advantages and challenges. The choice of the optimal location depends on various factors such as business goals, sector-specific interests, market prospects, supplier connections, local partnerships, regulatory and financial considerations, and risk tolerance.
Homegrown auto major, VinFast, is establishing a factory in southern India to manufacture electric vehicles, targeting the India, South Asian, Middle East, and African markets. It is testament to Vietnam's rapidly advancing electric vehicle ecosystem and capacity for domestic innovation.
As the nascent Vietnam electric vehicle (EV) industry enters a boom phase, plenty of business-to-business (B2B) opportunities exist for foreign firms. We discuss what it means to have a first-mover advantage in this market.
Vietnam is set to become a hub for lithium-ion battery production given the country's nickel reserves and global demand for electric vehicles.
Being at the cutting edge of renewable energy technology and climate solutions, EU companies are uniquely positioned to benefit from Vietnam's transition to a sustainable economy. Here's how.
Singapore's SGX recommends a set of 27 core ESG metrics for sustainability reporting, which are subject to periodic review and revision to stay aligned with evolving international reporting standards.
Sustainability reporting in Singapore has evolved since the turn of the millennium with reporting provisions for Singapore-based companies have slowly increased.
The Indonesian Government introduced the second amendment to the Work Accident Benefit and the Life Insurance social security programs.
Indonesia's recent election and the presidency of Prabowo Subianto could mean a continuation of economic policies with a focus on growth, resource sector opportunities, and economic reforms.