24 FEBRUARY 2021View in Browser
 
 
 
 

Click here to go straight to the main news page

This week's primary foreign investment news
from our ASEAN, China, India, Russia, Belt & Road and Vietnam Briefings.

Forward to a friend

 
 
 
 
In this week's Asia Briefing Weekly we provide important regulatory and trade updates for China, ASEAN, India, and Russian Asia, a neglected region whose growing connectivity with East Asia is seeing it outstrip national GDP growth. We also have two free magazine downloads for you - plus don't forget our complimentary 2021 subscription - if you think your colleagues should be receiving this then please forward this to them and let them know. Subscriptions are available here.

Have a great week!
 
 
 
 
CHINA
China's Draft Guidelines For The Industrial Standards Of The Internet Of Things
The Internet of Things can be defined as a network of physical objects embedded with sensors, software, and other technologies for connecting and exchanging data with other devices and systems over the Internet. China's draft aims at building and developing an IoT basic standard system.
 
China Enforces Anti-Trust Guidelines On Its Online Economy
A string of investigations into and penalties imposed upon Chinese internet companies, including leading e-commerce giants, in recent months signaled China’s seriousness about regulating its internet industry to promote fair competition and double down on monopolistic practices.
 
China-New Zealand FTA Upgrade: What Should NZ Exporters Expect
The China-New Zealand FTA Upgrade modernizes existing treaty provisions, introduces new considerations like environmental safeguards, widens market access for services trade, removes more tariffs, and reduces compliances for New Zealand exporters.
 
ASEAN
Tax Measures Impacting Foreign Investors In Malaysia 2021
Malaysia’s government has issued several tax measures in its national budget that will impact businesses in 2021. They are aimed at placing Malaysia at the forefront destination for high value-added services. This includes introducing a preferential corporate income tax (CIT) rate of zero to 10 percent for manufacturers of pharmaceutical products and preferential income tax rates for manufacturers looking to relocate to Malaysia.
 
The Philippines Suspends Social Security And Healthcare Premiums For 2021
Both PhilHealth and the SSS were mandated by existing laws to increase their premium rates in 2021. However, the onset of Covid-19 has drawn opposition from Filipinos and businesses for any increases in premium rates at this time as the economy looks to recover.
 
A Guide To Intellectual Property In Vietnam
Intellectual property (IP) is a key concern for every business, no matter where it is operating. This is no less true in Vietnam; while the country is a signatory to numerous IP conventions, there are still many reasons for foreign companies operating there to keep a close eye out for IP violations.
 
INDIA
India, Russia To Triple Bilateral Trade To US$30 Billion By 2025
An India-EAEU Free Trade looks increasingly likely, with both governments committed to an additional US$5 billion trade per annum. Indian trade opportunities are in pharmaceuticals and medical devices, minerals, steel, chemicals, including petrochemicals, ceramics, agro-industry, timber, high-tech, and scientific research.
 
New Issue of India Briefing Magazine: Audit & Compliance 2020/21
Audit & Compliance in India is the latest issue of India Briefing and available for download through the Asia Briefing bookstore. It includes: Know Your Audits: Statutory, Internal, Secretarial, Cost, and Tax; What Your Auditor’s Opinion Means; How to Manage the GST Audit.
 
New Trade Relations Between India, ASEAN And The UK. What Comes Next?
India has been busy at the start of 2021, with trade agreements being upgraded with ASEAN and the UK, and many more under negotiation. In this article, we look at recent developments with ASEAN and the United Kingdom.
RUSSIAN ASIA
Russian Asia Taking Off As Asian Trade Interconnectivity Improves
The Asian part of Russia, which shares a huge border with China and other parts of North-East Asia, is set to grow slightly faster than the rest of Russia over the next three years, according to data released by the Eastern States Planning Centre. Four Far East Russian regions are expecting increased and sustainable growth rates, with improving China, Asia and European interconnectivity a growth driver.
 
New Complimentary 'Doing Business In Russia 2021' Guide Published
An excellent complimentary new publication designed to introduce the fundamentals of foreign investment into Russia, including a market and foreign trade overview, details of trademark registrations and IP, corporate establishment, tax advisory and compliance, a guide to Russia’s Double Tax Treaty Agreements, a directory of free trade zones, applicable tax incentives, together with bookkeeping, accounting, payroll, recommended software, and audit requirements.
 
Russian Manufacturers, Investors & Exporters Should Begin Preparations To Access An Indian Middle Class Market Of 350 Million People
An EAEU-India Free Trade looks increasingly likely, with Russia-India trade to triple in the next four years. This will bring new trade opportunities in pharmaceuticals and medical devices, minerals, steel, chemicals, including petrochemicals, ceramics, agro-industry, timber, high technology and scientific research.
 
Not subscribed to Asia Weekly Briefing? Subscription is complimentary. Please click here
 
 
UPCOMING EVENTS IN THIS MONTH
 
 
Hainan: opportunità di business nella più grande Free Trade Zone della Cina
Webinar | February 25, 2021 | 10:30 AM Italy
 
DUSA Workshop: New Accounting Standards & IIT Preparation in 2021
Seminar | Thursday, February 25, 2021 | 1:00 PM - 4:15 PM | Suzhou
 
How to Prepare Your China Annual Individual Income Tax Returns (ATR) for 2020
Webinar | February 25, 2021 | 3:00 PM China
 
Vietnam's Integration into Global Value Chains: How does Vietnam Differ from its Regional Peers?
Webinar | February 26, 2021 | 2:00 PM Vietnam Time
 
Market Focus: Vietnam
Webinar | March 2, 2021 | 2:00 PM Vietnam Time
 
Recent Trends in Superpower Relations
Webinar | March 2, 2021 | 3:00 PM China
 
China Market Entry Strategies: China Britain Trade Expo
London | March 3, 2021 | 9:00 AM
 
Ab die Post – wie Corona den Onlinehandel in China beeinflusst
Webinar | 03. März 2021 | 08:30 Uhr MEZ
 
Crash Course on Doing Business and Investing in China's Greater Bay Area in 2021: Session I
Webinar | March 4, 2021 | 3:30 PM China
 
Manufacturing in India 2021: New Champion Sectors and Incentive Schemes
Webinar | March 11, 2021 | 2:30 PM India Time
 
 
 
 
 
 
For daily alerts, follow us on social
 
 
 
UnsubscribeAbout us
 
©1992-2021 Dezan Shira & Associates All Rights Reserved.