| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | Cross-border merger and acquisition (M&A) deals are growing in India as companies pursue new markets, technologies, and global consolidation. Activity has surged in the IT, pharmaceuticals, automotive, healthcare, industrial, and consumer goods sectors. | | | | | The long-awaited implementation of India’s four new labor codes, passed by the Indian Parliament between 2019 and 2020, is nearing reality. As per media reports, currently, 25 of the country’s 28 states have finalized their draft rules under these laws. | | | | | Denmark has invested in sectors such as port modernization, wind turbines, and engineering in India. In July 2024, India maintained a positive trade balance with Denmark, recording exports valued at US$71 million against imports of US$56.6 million, resulting in a surplus of US$14.4 million. | | | | | Ireland views India as a crucial partner in the Asia-Pacific region, with both countries keen on expanding their economic and diplomatic ties. | | | | | India’s fintech sector witnessed substantial growth in Q3 of 2024, securing US$778 million in funding—a 66 percent increase compared to Q3 2023 (US$471 million) and a 165 percent surge from Q2 2024. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | This issue of ASEAN Briefing offers an overview of Indonesia's labor market, covering local employment laws, key trends, and emerging sectors, providing insights into workforce dynamics and opportunities in the country. | | | | | India's service sector drives growth and attracts FDI with its market potential, skilled labor, and policies. This issue explores performance, key FDI segments, and strategies for foreign firms. | | | | | As Vietnam boosts its global trade role, this Vietnam Briefing edition covers key import-export regulations, customs procedures, on-spot export regimes, and VAT rules, along with insights on documentation, processing times, and VAT refunds. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Thursday, October 24, 2024 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Hybrid | Friday, October 25, 2024 | 16:00-18:00 China time / 9:00-11:00 CET time | | | | | Webinar | Tuesday, October 29, 2024 | 3:00 PM Jakarta / 4:00 PM China / 10:00 AM CET |
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