Friday, April 25, 2014

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN




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2point6billion.com discusses business and investment news rising from the geopolitical relations of China and India, and the interactions these two countries have with the rest of emerging Asia.



Latest News

Hong Kong Revokes Philippines Visa Exemption Over 2010 Hostage Crisis

HONG KONG - From February 5, officials and diplomats from the Philippines visiting Hong Kong will not be able to enjoy the 14 day visa-free exemption they currently do, Hong Kong Chief Executive Leung Chun-ying told a press conference yesterday.  The move is in response by Hong Kong to a tragedy in Manila over three years ago, when eight Hong Kong tourists were killed and seven others injured in a hostage situation that lasted over 10 hours.  The Philippines’ President Benigno Aquino III has consistently refused to make an official apology for what he sees as the actions of a lone gunman, leading to tension between Hong Kong and the Philippines.

In August 2010, after senior police inspector Rolando Mendoza had been dismissed from the Manila Police District, he boarded a tourist bus armed with an assault rifle, in an attempt to get reinstated.  The rescue attempt lasted over an hour, and ended after Mendoza was shot and killed.  Hong Kong has alleged that it was the poor handling of the incident by the Philippines’ officials that led to the victims’ deaths.  The Hong Kong government placed a black travel advisory warning (the highest warning level) on the Philippines, cautioning Hong Kong residents that the country posed a “severe threat” and advising that all travel be avoided. Continue Reading


The 2014 Asian Stir-Fried Prawn Index

Op-Ed Commentary: Chris Devonshire-Ellis

Jan. 22 – When it comes to making comparisons across Asia, and especially the various regional economies, a difficulty is in choosing a commodity familiar to all within this massive region. Typically, housing prices, cost of labor and even mobile phone penetration or the famous Mars Bar Index are used to demonstrate how economies and regional prices vary against the same product. Having given this some thought, while trying to maintain an Asian flavor in our 2014 comparison, we decided to choose a dish prevalent across Asia – Stir-Fried Prawns. It is perhaps the one dish that can be found from Northern China to Southern India, and all points in-between, and is therefore a reasonable barometer to try and ascertain how Asian consumers differ in their local costs of consuming what to hundreds of millions of people is either a tasty lunch or dinner dish. Continue Reading


WTO Delivers Historic Trade Deal

Dec. 12 – On Saturday, the World Trade Organization (WTO) successfully reached an agreement on streamlining customs procedures that is expected to boost global economic output by as much as US$1 trillion and create more than 21 million jobs worldwide.

Dubbed the ‘Bali Package,’ the agreement reached Saturday is the first ever multilateral trade agreement successfully negotiated by the WTO in its nearly 20-year history. Continue Reading


BJP Stuns in Election Outcome, Congress Party in Disarray

By Edward Barbour-Lacey

Dec. 12 – India’s governing Congress party has suffered heavy losses in three state elections and has narrowly lost in a fourth. The Bharatiya Janata Party (BJP) was the clear winner across all the elections; however, the newly formed anti-corruption group Aam Aadmi (Ordinary People) Party (AAP) also saw large gains.

The elections held in Rajasthan and Madhya Pradesh were clearly won by the BJP. In Delhi, the capital of India, the Congress Party suffered a massive defeat. After 15 years in power it appears that voters desperately wanted a change. The BJP won 31 of the 70 seats, the AAP won 28, and the Congress Party was reduced to holding only 8 seats. Continue Reading


The Future of E-Commerce in Asia-Pacific

Dec. 4 – A recent report by Forrester Research Inc. predicts that business-to-consumer online retail sales (e-commerce) in the Asia-Pacific region’s five largest markets will soon surpass sales in North America and Europe combined.

Most notably, e-commerce in China and India is expected to grow rapidly between 2014 and 2018.

Forrester Research, an independent technology and market research company, projects that online retail sales in China, India, Japan, South Korea and Australia will grow from US$398 billion in 2013 to US$858 billion in 2018 at a compound annual growth rate of 16.61 percent. Continue Reading


ASEAN’s Demographic Dividend

By Shawn Greene

Nov. 26 – More than 30 years after Deng Xiaoping first introduced China’s famous “one-child” policy, President Xi Jinping’s government appears set to finally relax the country’s approach to family planning. Announcing this month that many urban couples will soon be permitted to have two children under broader exemptions to the “one-child” rule, the government’s policy shift comes amidst concerns that the country’s low fertility rate and rapidly ageing population may threaten its long-term social and economic stability. Continue Reading


New Issue of Asia Briefing: The 2014 Asia Tax Comparator

2014-Asia-Tax-Comparator-Cover-250Nov. 21 – The new issue of Asia Briefing Magazine, titled The 2014 Asia Tax Comparator, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the months of November and December.

The opportunities to sell to the Asian consumer have never been more pronounced than they are today, and those opportunities will continue to expand and develop over the next three decades. Key to understanding and accessing this massive, dynamic new consumer market is the ability to understand the underlying tax treatments. To that end, we are pleased to present our third annual “Asia Tax Comparator” as Asia Briefing Magazine’s final issue of 2013. Continue Reading





Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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