Business updates and special topic events, specially curated to for global foreign investors in Asia

January 11, 2024

11 January 2024	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

ASIA EDITION


TOP STORIES THIS WEEK:


PIPL 2023/24: Cross-Border Data Transfer in China Handbook

This handbook helps explain the key facets of China’s cross-border data transfer regime from a business perspective and offers practical steps for establishing compliance strategies.


China’s Revised Company Law in Effect from July 1, 2024: Key Details Here

China’s legislature has passed sweeping changes to company capital rules, corporate governance structures, liquidation procedures, and shareholder rights, among others, in the revised Company Law.


Singapore’s 2024 Economic Outlook

Singapore’s expected GDP growth for the year is revised at 2.3 percent, with F&B, travel and tourism, electronics, manufacturing, and trade remaining consistently hot sectors for investors.


Singapore Cybersecurity Draft Amendment Bill: Public Consultation Ends Jan. 15

The Cyber Security Agency (CSA) of Singapore is seeking views on the draft Cybersecurity (Amendment) Bill until January 15, 2024.


EPFO: Deadline for Employers in India to Upload Wage Details for Higher Pensions Extended to May 31, 2024

The Employees’ Provident Fund Organization (EPFO) in India has granted a five-month extension to employers in the country for submitting wage details for members eligible for higher pension benefits.


Comparing Investment Locations in Western India: Maharashtra vs Gujarat

Western India’s key states—Maharashtra and Gujarat—boast of mature industrial centers and strong infrastructural foundations. We present key factors for considering each location.


Investment Opportunities in Refrigerated Transportation in Vietnam

Opportunities are plenty for foreign companies in Vietnam’s cold chain logistics market, which is forecast to grow at a CAGR of 12.24 percent by 2029 on the back of rising domestic demand for fresh and frozen products.


Opportunities for Investors in Indonesia’s Cosmetics Industry

Indonesia’s beauty industry has experienced rapid growth in recent years, creating lucrative prospects for global players. In 2023 alone, the industry grew by five percent, with projections indicating a further surge to nine...


The UAE F&B Market: Opportunities for Businesses

The UAE’s F&B market, the Gulf’s second largest after Saudi Arabia, thrives on consumption driven by an affluent local population, large expat presence, and the country’s role as a regional commercial hub attracting millions of...

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NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:


An Introduction to Doing Business in China 2024

This guide familiarises investors with business landscape & explores new methods of doing business in China — to identify areas of risk and prepare for new opportunities.


An Introduction to Doing Business in India 2024

This guide covers essential aspects of investing in India, including corporate establishment, investment climate, tax, audit, accounting, HR, payroll, and the trade environment.


An Introduction to Doing Business in ASEAN 2024

We introduces the fundamentals of investing in ASEAN countries, from corporate establishment, tax advisory, bookkeeping, to HR & payroll, double tax agreements, audit & compliance.


An Introduction to Doing Business in Vietnam 2024

We provide investors with an overview of the fundamentals of investing and doing business in Vietnam, with all information a firm might need to not only establish itself, but also to thrive, in Vietnam.


UPCOMING EVENTS FOR ASIA:


Startup Bridge GCC - An Introduction to Doing Business in UAE

Online Program \| Tuesday, January 16, 2024


Indonesia’s Corporate Income Tax 2024: Calculating Benefits-in-Kind, Amortization, and Depreciation of Asset

Webinar \| Tuesday, January 16, 2024 / 3:00 PM Jakarta / 4:00 PM China / 9:00 AM CET

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