03 FEBRUARY 2021View in Browser
 
 
 
 

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

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This week's Asia Briefing Weekly includes an Asian perspective of important trends happening within the Asia-Pac and Asian regions, updates on the military coup in Myanmar, a focus on China HR compliance, and India's new Union budget.
 
WORLD ECONOMIC FORUM 2021: ASIA FOCUS
The World Economic Forum's final day had a strong Asian theme and included sessions on the following subjects. We provide links to all:
Transforming Supply Chains in The Asia-Pacific; Resetting Geopolitics In Asia; Greening International Trade; Retooling Global Foreign Direct Investment; Accelerating Digital Trade; Re-Imagining Manufacturing For Growth; Fixing The International Trade System In Asia.
 
MYANMAR COUP
We provide three updates and analysis:
What To Do If You Or Your Business Are In Myanmar During The Coup
 
Myanmar Government Shake Up With New Ministers In Place But Chief Justices & Anti-Corruption Officials Remain
 
Belt & Road Projects In Myanmar Likely To Progress In Light Of Military Coup
 
CHINA
Updates on 2021 HR and Employee Compliance & Contributions
Employers In China Should Prepare For Compliance Expectations Under Draft PIPL
This article aims to help employers in China understand the core requirements under the PIPL Draft from the perspective of an employer in the form of a Q&A.
 
China's Social System: An Explainer
China’s social security system constitutes five different types of insurance and contributions to the mandatory housing fund. China Briefing explains how social security in China is calculated, what are employer obligations, and how it impacts foreign workers and migrants.
 
Social Insurance In China: Some Exemptions For Foreign Employees
Social insurance exemption for foreigners can be a valuable asset for employers and foreign employees to save on unnecessary costs. However, many companies hiring eligible employees are not aware of the benefits available to them, while those who do are often unsure as to how to go about applying.
 
INDIA
New Budget, Labour Compliance, Matchmaking
India's 2021 Union Budget: Key Aspects Of Interest To Foreign Investors
India’s 2021 Union Budget was released on February 1, with major spending hikes promised for healthcare, infrastructure, and capital expenditure. One Person Companies that can now be set up by NRIs, while the FDI limit raised to 74% in the insurance sector.
 
India's Industrial Relations Code And The Impact On Labour Law
The IR Code is one of four new labor codes introduced for the purpose of simplifying and consolidating the country’s matrix of labor laws, which in turn will make it easier to comply with for foreign investors and the private sector.
 
How Business Match-Making Services Can Help You Access The India Market
Business matchmaking services help foreign companies identify and connect with local partners in international markets. Factors influencing the choice of the ideal local partner varies; they may share common business interests with the foreign company, offer complementary expertise and services, and/or provide key technology.
 
 
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UPCOMING EVENTS IN THIS MONTH
 
 
Establishing an Effective Corporate Compliance Program in Indonesia in 2021
Webinar | Friday, February 5, 2021 | 3:00 PM Indonesia time
 
Beyond the Capitals: Challenges and Opportunities Outside Tier One Cities
Beijing / Online | February 08, 2021 | 3:00 PM China
 
India’s Union Budget 2021: Impact on Foreign Companies
Webinar | February 9, 2021 | 2:30 PM India Time
 
2020 Year in Review and Outlook for China, India, and Vietnam in 2021
Webinar | February 18 | 3:00 PM Vietnam Time
 
Investment and Export Opportunities for Belgian Companies into Vietnam and Thailand
Webinar | February 24, 2020 | 9:00 AM Central European Time
 
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
 
 
 
 
 
 
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