Vietnam’s National Assembly passes first-ever law on artificial intelligence
The draft law establishes core principles, prohibited acts, and a risk management framework.
Policy Matters
Will the end of South Korea’s aesthetics VAT refund drive medical tourists away?
Long supported by Korea’s price competitiveness, the industry warns that losing the tax incentive will not only raise costs for patients but also weaken pricing transparency, a…
China’s upgraded tax policy reshaping inbound shopping
Wu Liyun, a professor at the China Academy of Culture and Tourism Industry at Beijing International Studies University, said the core significance of the policy upgrade lies in a…
US tariff cuts on Korean autos, aircraft ease export uncertainty
Retroactive 15% duties follow investment deal, giving Korean companies more room to navigate US market risks.
Regions across China unveil new policies, target senior-friendly moves
Earlier this month, the National Financial Regulatory Administration Guangdong Office issued its implementation plan for promoting high-quality development of old-age finance in…
China establishes new regulator to boost private space industry
China's commercial space industry has seen historic expansion in recent years, driven by new government policies, technological advances, and growing market demand.
Japan plans national database to track foreign ownership of real estate, land as it weighs new rules
The planned scope of registration would not be limited to property registrations for condominiums and other real estate. It would also include forests and farmland, as well as…
Japan could expand tax credits for strategic tech investments, eyeing growth in AI, semiconductors
The proposal to expand the R&D Tax Credit System is aimed at encouraging corporate investment in areas critical for economic security and industrial growth.
Japan to tighten screening of foreigners’ residential status by providing information on non-payment of taxes
Prime Minister Sanae Takaichi instructed relevant ministers on Nov. 4 to promote measures preventing illegal activities by foreign nationals to realise a society of orderly and…
India’s new labour codes to create inclusive, safe & enabling environment for women: government
With progressive provisions on equality, maternity benefits, workplace safety, and representation in decision-making bodies, the Codes modernise labour regulations to meet the…