TOP STORIES THIS WEEK:

How Labor Market Intelligence Can Strengthen Your India Market Relocation Strategy

While India offers several low-cost advantages – finding the right combination of factors is important when narrowing down your choices for relocating your business. Businesses must gauge the pros and cons of each location in India, before finalizing where to set up.

India’s Upcoming Subsea Cable Projects Set to Launch between October 2024 and March 2025

While 2Africa subsea cable is expected to go live in October 2024, IAX and IEX are expected to be operational by March next year. Collectively, they are expected to quadruple India’s internet capacity, significantly improving the speed and reliability of its digital connectivity.

India and Poland Upgrade Bilateral Relations to ‘Strategic Partnership’

Although the agreed 5-year Action Plan of the two countries includes various areas of cooperation, defense collaboration is likely to remain central.

India’s National Financial Reporting Authority Fines BSR & Associates INR 100 Million for Audit Lapses

The NFRA claims that BSR & Associates ignored critical evidence and relied too heavily on the audits of CDEL’s subsidiaries, even though those subsidiaries accounted for a significant portion of the company’s finances. The auditors also allegedly failed to question loans given by CDEL to related parties disguised as advances, which were disproportionately high compared to the purchases made.

Teledensity Rises in India, Internet Subscribers Cross 954 Million: 2023-24 TRAI Report

Between March 2023 and March 2024, the total number of internet subscribers in India increased by 8.3 percent, rising from 881.25 million to 954.4 million. India’s overall teledensity increased from 84.51 percent in March 2023 to 85.69 percent in March 2024, at an annual growth rate of 1.39 percent.

COMPLIMENTARY BUSINESS RESOURCES:

Guide to HR Compliance and Best Practices in China

The Guide to HR Compliance and Best Practices in China explains key considerations for foreign employers from hiring to staff management and compliance with legislative updates and data security laws.

From Recruitment to Retention: India HR Insights for 2024

This HR report offers an essential guide for foreign invested firms to attract and retain the best talents in India’s dynamic hiring environment.

An Introduction to Doing Business in Singapore 2024

This publication examines Singapore's 2024 business landscape: economic trends, strategic advantages, and investment opportunities for foreign firms in this key Asian hub.

UPCOMING EVENTS FOR ASIA:

Data Compliance in China's Healthcare Sector: Insights for Pharma, MedTech, and Hospital Collaborations

Webinar | Thursday, September 5, 2024 | 4:00 PM China / 10:00 AM CEST / 9:00 AM UK / 6:00 PM AEST

Managing your Company in Dubai: Financial, Tax and Compliance Requirements

Webinar | Thursday, September 12 , 2024 | 2:30 GST / 5:00 PM Vietnam Time / 6:00 PM China Time

ESG Compliance in the ASEAN-6: Aligning with EU Standards and Regional Legal Frameworks

Webinar | Thursday, September 19, 2024 | 4:00 PM Singapore / 3:00 PM Vietnam / 10:00 AM CET