Region

May 21 – Chinese Premier Li Keqiang has recently met with Indian Prime Minister Manmohan Singh in New Delhi, the first trip abroad for Premier Li in an official capacity. The two world leaders discussed India-China relations, as well as penned several agreements designed to foster investment and trade between the two nations. “The purpose […]

As India begins to recover from the aftermath of what has indeed proven to be a difficult financial period, questions are now being asked as to the extent of competition India really brings to global markets when measured up against China.

May 14 – UBS, a global financial services company, has recently published its exhaustive global summary of prices and earnings as part of a report released once every three years. Using their listed global benchmark of New York as a standard for comparison, we have extrapolated the data UBS produced on China and India regarding purchasing power and expenditure. For […]

Based on a UBS report of global prices and earnings, we present a comparison of China and India’s wages and salaries. We find that low-skilled worker wages are lower in India, while high-skilled worker wages are closer to being equal.

May 6 – The world’s largest cruise ship operator, Carnival Corp, have just established operations in Singapore with the stated goal to promote Singapore as “the cruise hub for Asia, as Miami is for the Caribbean”. Carnival, who operate over 100 cruise ships around the world, will be based out of the Marina Bay Financial […]

Hopes are rising that the proposed India-European Union Free Trade Agreement (FTA) may finally be signed off next month after five years of talks. Another window for reaching consensus may not come around again for some time.

Recently, a third round of talks at the Brigadier-level between the Indian Army and a Chinese battalion has failed, with the Chinese side objecting to “infrastructure developments on the Indian side.”

In a survey of 1,373 front-line leaders in both China and India, a report has found that compared to their Chinese counterparts, Indian managers are more self-confident.

Apr. 29 – In an effort to boost investment in Vietnamese businesses and to support struggling enterprises, Vietnamese lawmakers have approved the Government’s proposal to reduce the current general corporate income tax (CIT) rate from 25 percent to 23 percent. In addition, CIT rates were set at a rate of 20 percent for small and […]

Apr. 29 – Individual income tax (IIT) is the direct tax paid on personal income by an individual or a company to the central government. The Indian Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance. In this […]