| Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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TOP STORIES THIS WEEK: | How the PM Gati Shakti National Master Plan is Advancing India’s Infrastructure Sector | India's infrastructure investment is expected to increase from 5.3 percent of the GDP in FY 2024 to 6.5 percent by FY 2029, representing a robust compound annual growth rate (CAGR) of 15.3 percent. The Gati Shakti National Master Plan enables real-time, synchronized planning, and decision-making across ministries, reducing delays and inefficiencies. | | End of the Angel Tax in India: Applicable for FY 2025-26 | We discuss the origins of India's angel tax, its implications, and how its abolition - effective FY 2025-26 - will transform the country's startup funding landscape. | | Labor Compliance in India: Understanding How the Shram Suvidha Portal Works | The Shram Suvidha Portal, developed by the Ministry of Labor and Employment, serves as a one-stop solution for labor law compliance in India. This unified web platform simplifies regulatory procedures, ensuring transparency, accountability, and ease of doing business for employers while safeguarding employees’ rights. | | The RoDTEP Scheme for Exporters in India: Key Extensions and Compliance Obligations | India has extended Remission of Duties and Taxes on Exported Products (RoDTEP) scheme benefits for Advance Authorisation (AA) holders, Export Oriented Units (EOUs), and units in Special Economic Zones (SEZs) till December 31, 2024. However, Domestic Tariff Area (DTA) units can avail this scheme till September 30, 2025. We discuss compliance and reporting requirements. | | India-Caribbean Relations Benefit from Modi’s Recent Strategic Engagement at CARICOM Summit | The Caribbean region’s strategic location serves as a gateway to North and South American markets, making it a crucial trade partner for India. The region offers vast opportunities for India in sectors such as energy, agriculture, pharmaceuticals, and digital technology. |
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COMPLIMENTARY BUSINESS RESOURCES: | | A Navigating India’s Export-Import Landscape: Customs, Trading, and Industrial Clusters | This India Briefing Magazine edition explores India’s evolving trade landscape, covering regulatory reforms, manufacturing clusters, and trade partnerships. It provides insights into structuring trading entities, leveraging industrial hubs for export production, and diversifying markets to boost competitiveness and mitigate geopolitical risks. | | Investing in Vietnam's Modernizing Logistics Sector | With its strategic geographic position, rapidly expanding industrial infrastructure, and government initiatives aimed at enhancing the logistics environment, Vietnam offers a wealth of opportunities for both domestic and international investors. This issue of Vietnam Briefing Magazine will serve as a key resource for investors seeking to enter this dynamic market. | | | The ASEAN education market offers substantial foreign investment opportunities, driven by economic growth and reforms. This issue of ASEAN Briefing explores government initiatives to attract investments, highlighting emerging opportunities in Indonesia, Malaysia, Thailand, and Vietnam. |
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UPCOMING EVENTS FOR ASIA: | Expanding Your Business in India’s E-Commerce Sector: Strategies, Trends, and Compliance Insights | Webinar | Monday, December 16, 2024 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | Vietnam 2024 Recap: Economic Highlights & US Election Impact Outlook | Webinar, Wednesday, December 11, 2024, 2:30 PM Vietnam / 3:30 PM Singapore / 8:30 AM CET | | Harnessing Indonesia’s Manufacturing Hubs: Strategic Locations and Customs Facilities for Optimal Growth | Webinar | Thursday, December 12, 2024 3:00 PM JKT / 4:00 PM Singapore / 9:00 AM CET |
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