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Sept. 23 – The Asia market represents a significant opportunity for clinical research organizations (CROs) – organizations that provide outsourced medical-related research on a contract basis – after about 30 percent of total Asia Pacific clinical expenditures having been outsourced to such organizations over the past year. Over the next five years, the CRO industry […]

Sept. 18 – Sri Lanka has reopened its Northern “Yal Devi” rail line for the first time in 23 years in the aftermath of the civil war with the Tamil Tigers. With the line rebuild costing some US$185 million, the route once again opens up routes to Jaffna and the adjacent cities and towns, as […]

By Dezan Shira & Associates, Delhi Office Sept. 17 – India is fast emerging as a global trade dynamo with its vast natural resources and huge supply of skilled labor. Undertaking considerable industrial deregulation and other structural reforms, regulators in India recognizes that strong exports are critical for overall economic growth and poverty reduction. As […]

Sept. 16 – The Shanghai Cooperation Organization (SCO) held its annual summit in Kyrgyzstan last Friday to discuss issues such as how to boost economic cooperation and combat terrorism. The members of the SCO are China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. In addition to its current members, the SCO also has a number of observer […]

Sept. 16 – The Japanese firm Xyec Holdings announced plans this month to raise capital on the Singapore Exchange’s (SGX) Catalist board. Xyec, an IT and manufacturing-focused holdings company, will be the first Japanese firm to list exclusively in Singapore, bypassing its own domestic stock market completely. Singapore and other ASEAN countries have increasingly seen […]

By Eunice Ku Sept. 13 – A wholly foreign-owned enterprise (WFOE) is a company established in China according to Chinese laws and wholly owned by one or more foreign investors. A WFOE is a limited liability company, meaning that the liability of the shareholders is limited to the assets they brought to the business. Unlike […]

In this edition of Asia Briefing Magazine, we outline the specific documents required for foreign nationals working in China, India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as highlight the relevant application processes in each of these countries. Attention is also given to the role of the sponsoring company and the regulations they must adhere to.

According to a recent report, Asian countries remain among the most competitive economies in the world due to improving economic conditions and strengthened domestic policies.

Sept. 9 – Russian President Vladimir Putin has announced that a US$100 billion fund is being introduced as a measure to steady currency markets that have been shaken up by the proposed unwinding of the U.S. monetary stimulus. China will contribute the majority share to the fund at US$41 billion. Brazil, India and Russia will […]

Sept. 5 – As India’s total merchandise trade tripled from US$252 billion in 2006 to US$794 billion last year, the business of import/export with Indian firms has become much more popular. However, the rising monetary numbers have brought with them an increasing number of legal and administrative reforms and considerations for import/export-related businesses. In this […]