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

Hong Kong Budget 2024-2025 - Government Implements New Tax Arrangements and Extends Funding Schemes

The 2024-25 Hong Kong Budget introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.

China’s New Draft Regulations for After-School Tutoring

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 Reciprocal Enforcement of Judgments Regime Took Effect on Jan 29

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.

Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code

We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.

India Briefing

India's Semiconductor Sector Welcomes Three New Manufacturing Units

Three new plants from the Tata Group and CG Power-Renesas join Micron in advancing the manufacturing capacity in India's semiconductor sector.

India's Semiconductor Sector: Tracking Government Support and Investment Trends

We track India's efforts to facilitate foreign investment into its indigenous semiconductor industry (developing fabs. chip design, ATMP).

India Opens Space Sector to Global Investors with 100% FDI Allowed

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.

Investment Spotlight on Western India: Gujarat vs Maharashtra

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.

Vietnam Briefing

Domestic EV Major VinFast Gets Ambitious with New India Factory

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.

Vietnam EV Industry: Understanding the B2B Opportunity for Foreign Firms

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.

What is Vietnam’s Mining Capacity for EV Batteries?

Vietnam is set to become a hub for lithium-ion battery production given the country's nickel reserves and global demand for electric vehicles.

Investing in Vietnam’s Sustainable Future: A Guide for European Companies

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.

ASEAN Briefing

Applying ESG Metrics for Sustainability Reports in Singapore

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.

Navigating ESG Reporting in Singapore

Sustainability reporting in Singapore has evolved since the turn of the millennium with reporting provisions for Singapore-based companies have slowly increased.

Updates on Indonesia's Social Security Schemes

The Indonesian Government introduced the second amendment to the Work Accident Benefit and the Life Insurance social security programs.

Indonesia’s General Elections: What it Means for Investors

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.

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