Steve Went

India ‘Can Be Second Largest Economy in 30 Years’

India can emerge as the world's second largest economy in the year 2039, ahead of the United States, if its GDP continues to grow at the rate of 8 percent to 9 percent, says a former senior adviser and director at The World Bank, Harinder Kohli. If cur... Read >

Triggering Permanent Establishment In China Representative Offices

The recent rulings by the State Administration of Tax concerning the taxable income of representative offices in China highlights an important status position in the activities of the RO - and the question of whether an RO is in fact operating as a perman... Read >

Southeast Asian Nations Question Benefits of China-ASEAN FTA

The China-ASEAN Free Trade Area officially went into effect January 1st this year and has been heralded in China as a "great opportunity" and a "win-win regional co-op," but a few experiences since the accord's original signing in 2002 have left Southeas... Read >

Shaping Hanoi

As the government prepares to celebrate Hanoi's 1000 year anniversary in October, plans to slowly expand the capital city have already begun since 2008. Hanoi's limits will stretch to include adjacent provinces to make more space for national projects ... Read >

Establishing Liaison Offices in India

There are several options available to the foreign investor when it comes to establishing a Representative style office in India. Listed below are three separate scenarios, which are dependent upon the type of business model you wish to run. Businesses lo... Read >

China Representative Offices vs. India Liaison Offices

As Asia reconfigures its sourcing capabilities, questions are now starting to be asked about the continuation of China as what is commonly described as the world's "global manufacturer." In truth, the position of China as a number one sourcing destination... Read >

Expatriates Going Offshore in China Contracts? Think Again

One symptom of the tightening of China's economy and the impact of labor law is an increasing desire by Chinese employers to offset or reduce potential liabilities with their expatriate employees, such as expatriates employed by domestic Chinese companies... Read >

Vietnam Ranks First for Buiness Confidence in Asia

Companies in Vietnam have the highest expectations to see profit growth in 2010, according to consulting firm Grant Thornton's most recent International Business Report. Of the 150 companies surveyed in the report, 92 percent expected to see profits gr... Read >

India Set to Outpace Other Emerging Markets

Investor Mark Mobius of Templeton Asset Management recently expressed the opinion that Indian shares may "outpace" other emerging nations as the country continues to show strong economic progress. "India's macroeconomic fundamentals have significantly ... Read >

Mainland Media Presses for Hukou Reform

Thirteen mainland Chinese newspapers have jointly issued front page stories pressing for immediate reform of the national hukou system, in an unusual show of the central government being placed under political pressure by its own media. The hukou syste... Read >

Foreign Stock Investment in Vietnam Hampered by Legal Restrictions

Foreign investors wanting to enter the Vietnamese stock market they are deterred by roadblocks relating to cumbersome procedures. A foreign investor wanting to enter the stock market must have their legal record authorized by various agencies and visa ... Read >

Russia, China, Korea to Develop Eastern Russia Seaboard

The governments of Russia, China and Korea are considering redeveloping old trade and sea routes found on the Russian east coast and providing shipping links and ferry services. Up for redevelopment would be the Russian eastern port of Zarubino, in Rus... Read >

Working in Australia as a doctor

The health system in Australia is largely a government funded, public healthcare system. It is of a very high standard, but is supplemented in part by a private healthcare system(funded by private paying patients, and health insurance companies).It is not... Read >

Signwriters – The Solution To Your Advertising Needs

Every business has to consider how they want to expose themselves to their target audience. The best answer is to use a signwriter, a qualified sign writing company that can create bright and attractive signage displays to entice potential customers into ... Read >

Indian Government to Ease FDI Approval Process

India is considering relaxing norms for foreign direct investment to require that only projects worth about US$217 million to US$326 million will need final approval from the Cabinet Committee on Economic Affairs (CCEA). Currently, projects worth more ... Read >