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

February 29, 2024

29 February 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:


What to Expect for the 2024 Two Sessions – GDP Growth Target and Policy Agenda

The 2024 Two Sessions – the annual plenary meetings of China’s parliament (NPC) and advisory body (CPPCC) – will start on next Monday, March 4. This year's meetings are particularly highly anticipated, when everyone is watching...


Hong Kong Removed from EU Watchlist Following Changes to Regulations on Foreign-Sourced Income

Hong Kong has been removed from an EU watchlist of non-cooperative tax jurisdictions after the city made amendments to its tax regime. Under the new changes, multinational enterprises that don’t meet certain requirements may be...


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

India will allow up to 100 percent foreign direct investment (FDI) in its space sector, a move anticipated to attract wider participation of foreign investors, promote technology transfers, and foster applied research and...


Vietnam’s January Two-Way Trade Tops US$65.43 Billion

Vietnam experienced a bumper January in trade terms, hitting a total of US$65.43 billion in two-way trade. Firms with foreign capital registered US$19.65 billion in imports, up 6.6 percent month-on-month. Exports of...


Singapore Budget 2024: A Strategic Blueprint for Business Growth and Sustainability

Amidst global economic fluctuations and a pressing climate crisis, the Singapore Budget 2024 strategically addresses the dual challenges of rising operational costs and the imperative for sustainable development, marking a...


Updates on Indonesia's Social Security Schemes

The Indonesian Government introduced the second amendment to Government Regulation No. 44 of 2015 concerning the Work Accident Benefit Program – “JKK”) and the Life Insurance Program – “JKM”. The changes aim to increase...


UAE and Cambodia Forge New Economic Partnership

The UAE and Cambodia have agreed to a trade deal. We discuss key points of the agreement and how it improves their bilateral economic and commercial ties. This is the fifth CEPA that the UAE has signed, following CEPAs with...

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COMPLIMENTARY BUSINESS RESOURCES:


Expert Videos by Dezan Shira's Advisory Teams

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Prospects for Electric Battery Production in Indonesia

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...


Vietnam Market Entry Strategy for Foreign F&B Companies

In this edition of Vietnam Briefing Magazine, we delve into the dynamic F&B sector in Vietnam. We provide insights into the essentials of establishing an F&B enterprise in the country, discuss the regulations pertaining to...


UPCOMING EVENTS FOR ASIA:


Unveiling Southeast Asia’s Opportunities: 2023 Achievements and 2024 Prospects

Webinar \| Thursday, February 29, 2024 \| 9:00AM PST / 12:00PM EST


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


Retail & E-Commerce Summit Asia

Conference \| March 6-7, 2024 \| Berjaya Times Square, Kuala Lumpur

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