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-Brazil Economic Ties: Trade, Investment, and Opportunities
This article explores the economic ties between China and Brazil in trade and investment, highlighting potential opportunities for investors from both countries.
2024 China National Day Holiday Guide: Rest Days, Work Schedule, and Overtime Pay
The 2024 China National Day holiday is just around the corner. This article outlines the official holiday and work adjustment schedule released by the Chinese government, as well as the guidelines for salary payments and overtime pay during this period.
Navigating China's F&B Market: Key Growth Trends and Opportunities
China's F&B market offers significant growth opportunities, attracting foreign companies despite intense competition. Success depends on adapting to evolving consumer trends and driving innovation.
Hainan’s New Zero-Tariff Policy on Drugs and Medical Devices in Boao Lecheng Pilot Zone
Hainan's zero-tariff policy in the Boao Lecheng Pilot Zone exempts drugs and medical devices from import duties and VAT.
India Briefing
India's Anti-Trust Law Updates: Stricter Scrutiny, New Thresholds, and Faster Approvals
More provisions of the Competition (Amendment) Act, 2023 have taken effect as of September 2024, including deal value thresholds for high-value acquisitions, marking a complete overhaul of India's anti-trust regime.
India Shortens Deadline for Filing CSR-2 Return: MCA Notification
Companies in India that report their corporate social responsibility expenditure must file the CSR-2 Return for FY 2023-24 by December 31, 2024.
A Guide to Minimum Wage in India in 2024
We answer some frequently asked questions foreign hiring managers may have regarding the minimum wage in India. Several states in India have updated their minimum wages as of October 2023.
India Extends Import Management System for IT Hardware Until December 31, 2024
India's DGFT has announced the extension of the current import management system (IMS) for IT hardware products till the end of December 2024.
Vietnam Briefing
Proposed Vietnam Industrial Classification System Prioritizes Green Economy
The Ministry of Planning and Investment (MPI) is inviting public comments on a draft decision from the Prime Minister regarding the establishment of a new Vietnam Standard Industrial Classification System (VSIC). A key feature of this system is the inclusion of a National Green Economy framework, aimed at promoting sustainable practices in Vietnam's industrial sectors.
Q&A: Understanding Vietnam’s Customs Guidelines on Special Cases in 2024
In 2024, Vietnam’s General Department of Customs (GDC) released multiple official letters guiding customs procedures during special events, including tax-free imported goods repurposing, system failures, and maintaining tax incentives after project ownership changes.
CIT Incentives for Software Production and High-Tech Companies in Vietnam
Software production benefits include preferential tax rates and exemptions, while high-tech enterprises can access broader incentives like tax holidays and financial support under Decree 13.
Vietnam’s 2021-2030 National Forestry Planning: Key Objectives and Implications
Vietnam’s 2021-2030 National Forestry Development Planning offers significant opportunities for investors, especially in sustainable forest management, wood processing, and environmental services.
ASEAN Briefing
Malaysia’s Family Office Incentives: A Challenge to Singapore?
Malaysia introduces family office incentives in the FCSFZ, offering benefits that could compete with Singapore’s established financial hub.
Malaysia Issues Incentives for Forest City Financial Zone
Discover the incentives offered by Malaysia's Forest City Financial Zone, designed to attract global businesses and talent.
Vietnam's Public Holidays for 2025
ASEAN Briefing outlines Vietnam's public holidays for 2025.This is a comprehensive list of those holidays.
A Guide to Taxation in the Philippines - Updates for 2024
The Philippines imposes a territorial tax system, meaning only Philippine-sourced income is subject to taxes.