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January 18, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
18 January 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

MIDDLE EAST EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
China’s High-Net-Worth Individuals Flock to Dubai in Search of New Lucrative Business Opportunities
 
Dubai’s appeal is mostly due to its pro-business regulations, acting as a compelling force in drawing in wealthy individuals from around the world, including China.
 
 
 
China’s Rongsheng Petrochemical and Saudi Aramco Forge Closer Energy Ties with New MoU
 
Saudi Arabia and China are strengthening their energy alliance with a pact between Saudi Aramco and Rongsheng Petrochemical, which covers strategic investments, refinery acquisitions, and initiatives in clean energy.
 
 
 
GCC-South Korea Free Trade Agreement to Eliminate Almost 90% of Tariffs
 
On December 28, 2023, the Gulf Cooperation Council (GCC) and South Korea signed a joint statement committing to a free trade agreement (FTA) following six rounds of negotiation that first started in 2007.
 
 
 
UAE-India Business Summit Held at 2024 Vibrant Gujarat Global Investor Conclave
 
The UAE-India Business Summit, under the theme “Two Nations, One Vision,” took place January 10 during the Vibrant Gujarat Global Summit 2024.
 
 
 
Malaysia’s Semiconductor Sector Beckons Foreign Investors
 
Malaysia is seeking to attract more investments to help its semiconductor industry move up the value chain in the chips industry, particularly for chips used in electric vehicles.
 
 
 

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NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:

 
 
An Introduction to Doing Business in China 2024
 
 
An Introduction to Doing Business in China 2024
 
This guide familiarises investors with business landscape & explores new methods of doing business in China — to identify areas of risk and prepare for new opportunities.
 
 
 
 
An Introduction to Doing Business in ASEAN 2024
 
We introduces the fundamentals of investing in ASEAN countries, from corporate establishment, tax advisory, bookkeeping, to HR & payroll, double tax agreements, audit & compliance.
 
 
 
An Introduction to Doing Business in Vietnam 2024
 
We provide investors with an overview of the fundamentals of investing and doing business in Vietnam, with all information a firm might need to not only establish itself, but also to thrive, in Vietnam.
 
 
 
An Introduction to Doing Business in India 2024
 
This guide covers essential aspects of investing in India, including corporate establishment, investment climate, tax, audit, accounting, HR, payroll, and the trade environment.
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Startup Bridge GCC - An Introduction to Doing Business in UAE
 
Online Program | Tuesday, January 16, 2024
 
 
 
Singapore 2023 Recap & 2024 Outlook: Updates & Opportunities
 
Webinar | Tuesday, January 23, 2024 | 4:00 PM Singapore / 3:00 PM ICT / 9:00 AM CET
 
 
 
India's Investment Outlook 2024: Expert Insights, Potential Opportunities, and Investment Locations
 
Webinar | Wednesday, January 24, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
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