It challenged the demand of Rs 7,990 crore in capital gains taxes (Rs 22,100 crore after including interest and penalty) under the Netherlands-India Bilateral Investment Treaty (BIT). ( read original story ...)
China’s Risky Bet on a Lonely Return to Greatness
China is facing growing hostility abroad. To offset that, the country will need the kind of tough reforms the West and its allies have long asked for—or make a major political course correction to ... ( read original story ...)
Laos to further improve business climate to attract more investors
The Lao government has pledged to remove barriers and further improve the business climate in a bid to attract more investment from Laos and foreign countries. ( read original story ...)
Xi Jinping calls for China’s state-owned enterprises to be ‘stronger and bigger’, despite US, EU opposition
President says state firms have proved their value in ‘both pandemic control and industrial production’, but efficiency of China’s state sector remains an issue of contention. ( read original story ...)
Luxury London Residence of Azerbaijan Official’s Son Purchased With Mysterious Payment to Shell Company
After a Turkish conglomerate won a major contract to build a dam in Azerbaijan, a mysterious $3 million was sent to an offshore firm — which then bought the luxurious London flat where an Azeri ... ( read original story ...)
Manulife Cambodia opens new head office at TK Central
Manulife Cambodia today opened the doors at its new head office at TK Central to support its growing team to better serve Cambodian customers. ( read original story ...)
Billionaire Adani Set to Develop Sri Lanka’s Port Terminal
India’s Adani Group is the front-runner to develop Sri Lanka’s stalled East Container Terminal in Colombo port, people with knowledge of the matter said, helping billionaire Gautam Adani expand his ... ( read original story ...)
Himalayas open for business, as Nepal faces pandemic economic woes
Foreign visitors are a major source of income for Nepal and the closure has impacted the estimated 800,000 people who work in the tourism industry. ( read original story ...)
Malaysia ranks fourth in Cost of Doing Business Index — KPMG study
“Malaysia is one of the most promising countries [to be a ... This study evaluates a total of 23 cost factors that impact the cost of doing business (CoDB). Notably, the overall CoDB Index scores are ... ( read original story ...)
Turkey Consumer Price Inflation, Producer Prices Rise In October
Turkey's consumer price inflation and producer price growth rose in October, figures from the Turkish Statistical Institute showed on ... ( read original story ...)