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February 08, 2024
Business updates and special topic events, specially curated to for global foreign investors in Asia
 
07 February 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

ASIA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Prospects for Electric Battery Production in Indonesia – Latest Issue of ASEAN Briefing Magazine
 
In this issue of the ASEAN Briefing magazine, we provide an overview of Indonesia’s EV battery industry before exploring the various incentives offered by the government. Finally, we discuss the type of business entity foreign...
 
 
 
China’s Futuristic Industries: Investment Prospects in the Emerging Low-Altitude Economy
 
Futuristic scenarios, such as drones delivering packages, winged taxis for daily commutes, and hobbyist sightseeing helicopters, could soon become a reality in China. Buoyed by supportive policies, the country’s low-altitude...
 
 
 
2024 Guidelines for Foreigners to Live and Work in China
 
The updated 2024 guidelines for foreign businesspersons living and working in China, released by the country’s Ministry of Commerce, outline essential procedures and considerations covering accommodations, visas, work permits...
 
 
 
Vietnam’s Toy Market: An Overview 2024
 
With a population of 100.3 million people in 2023 and a birth rate that has been consistently above 1 million births annually, Vietnam presents a significant market for children’s toys. In addition to this demographic trend...
 
 
 
India’s Interim Budget Rounds Up Key Tax Reforms, Makes Case for Modi Re-Election
 
In a marked departure from 2019, finance minister Nirmala Sitharaman’s 2024 interim budget contained no surprises for the taxpayer. We list key announcements in the tax realm under this budget, which was mostly a recount of the...
 
 
 
Thailand Implements Mandatory Reporting of Business Operator Income on Electronic Platforms
 
Starting January 1, 2024, Thailand’s Revenue Department requires electronic platforms, such as e-commerce and e-marketplaces, to disclose their revenue from the business operators using their platforms.
 
 
 
Malaysia and UAE Ramp Up Collaboration on Data Center Development
 
The UAE and Malaysia have signed an MoU to advance investment cooperation on digital infrastructure, including data center and AI assets.
 
 
 

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NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:

 
 
Manufacturing in Asia: 9 Crucial Factors for Location Selection
 
 
Manufacturing in Asia: 9 Crucial Factors for Location Selection
 
Are you ready to diversify, but unsure where to relocate your supply chain to? The following checklist outlines nine essential elements you should collect information or data about to fully understand your options and their...
 
 
 
 
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
 
China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in country take appropriate actions to ensure their compliance. Businesses that send data overseas or access data in China from...
 
 
 
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.
 
 
 

UPCOMING EVENTS FOR ASIA:

 
 
 
Setting Up SMEs in Vietnam: Essential Step-by-Step Guide 2024
 
Webinar | Thursday, February 29 | 4:00 PM Vietnam / 5:00 PM China / 10:00 AM ICT
 
 
 
Unveiling Southeast Asia’s Opportunities: 2023 Achievements and 2024 Prospects
 
Webinar | Thursday, February 29, 2024 | 9:00AM PST / 12:00PM EST
 
 
 
 

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