Policy & Regulation Volanews

INDIA REGULATION Chinese App Ban

India Blocks AliExpress, Snack Video, ChinaLove, 40 Other Chinese Apps Based on a comprehensive report from home ministry’s Indian Cyber Crime Coordination Center, MeitY issued the order to block the access of these apps by Indian users.

by LiveMint

7 hours ago

SINGAPORE GIANT Grab

Singapore’s Competition Watchdog Lifts Restrictions on Grab Grab said it will roll out the platform fee “in the next few months”. The company plans to use the money to double down on safety measures such as driver training and insurance.

by KrAsia

2020-11-23

INDIA POLICY FDI Rules

India May Relax FDI Rules for Neighbouring Nations, Including China A panel of top government officials was discussing various options on easing rules for investment from neighbours and a decision is likely soon.

by DealStreetAsia

2020-11-18

SINGAPORE POLICY EDB

Singapore Reveals New Work Pass to Attract Top-Tier Tech Talent Applications for the pass will start in January 2021, and only 500 passes will be available upon launch. EDB will be administering the applications of these pass, with the support of the Ministry of Manpower.

by KrAsia

2020-11-16

CHINA GIANT Ant Group

New Chinese Regulations May Slash Ant Group’s Valuation by Half The reduced valuation also means potentially lower fees for investment banks like China International Capital Corp that were counting on a windfall from Ant’s record-setting IPO.

by DealStreetAsia

2020-11-10

CHINA POLICY IPO System

China: New IPO System to Promote Reforms across The Entire A-Share Market The Financial Stability and Development Committee under the State Council said after a meeting on Saturday that the ratio of direct financing in the market will increase after the registration-based IPO mechanism is implemented across the entire A-share market.

by ChinaDaily

2020-11-03

INDIA POLICY RBI

RBI Announces SRO Appointment Framework, Mandates QR Code Interoperability RBI will issue a letter of recognition to a group of bank and non-bank PSOs and reserves the right to approve the appointment of important positions in the board of directors for the entity.

by techcircle

2020-10-26

CHINA POLICY INFORMATION SAFETY

China’s New Law Restricts Transfer of Personal Data Abroad The aim is to strengthen protections for China’s more than 900 million internet users as concerns mount over data misuse.

by KrAsia

2020-10-26

CHINA POLICY IPO Reform

China Ready to Extend IPO Reform throughout Capital Market: Regulator Since 2019, the country has stepped up IPO reform, piloting a registration-based system on the Shanghai Stock Exchange's sci-tech innovation board and the Shenzhen Stock Exchange's ChiNext board.

by Xinhuanet

2020-10-23

INDONESIA POLICY Kominfo

Indonesia Drafting Ministerial Regulation to Block Social Media Kominfo has identified more than 2,000 sources containing false information, of which 1,759 have been taken down.

by KrAsia

2020-10-22

INDIA E-COMMERCE GIANT POLICY

Indian Flipkart, Amazon Get Notices over Non-Compliance of Country of Origin Rule The government in June had mandated that all ecommerce entities must follow the rules for displaying country of origin as per the Legal Metrology (Packaged Commodities) Rule, 2011.

by techcircle

2020-10-21

CHINA POLICY Foreign Investors

China Opens Further to Foreign Investors Meng said at a news conference that the upcoming negative list is part of the country's larger drive to build Hainan into a free trade port with a higher level of openness and attract more foreign investment.

by ChinaDaily

2020-10-21

INDIA POLICY Department of Telecommunications

India DoT Invites Industry Stakeholder Views on Use of Open APIs The policy document proposes encouraging use of open APIs as part of adoption of new and emerging technologies.

by techcircle

2020-10-19

INDIA POLICY AIF

All Members of AIF Must Approve Investments, Clarifies SEBI Additionally, a limited liability partnership (LLP) must have a minimum net worth of Rs 10 crore to be an angel investor.

by techcircle

2020-09-30

CHINA POLICY Foreign Access

China Further Eases Foreign Access to Domestic Capital Market Foreign investors will enjoy easier market access and broader investment scope when investing via the dollar-denominated QFII and the yuan-denominated Renminbi RQFII schemes.

by Xinhuanet

2020-09-28

VIETNAM POLICY Startups

Vietnam to Drive High-Tech Startups with New Incentives The program provides incentives to a list of startups setting up their offices in industrial parks including Hoa Lac Hi-Tech Park, a new flagship facility in Hanoi.

by KrAsia

2020-09-27

ISRAEL POLICY NEW ENERGY

Israeli Government Agencies Invest More Than $3 Million in Alternative Energy R&D The funds will be divided into two groups: the first NIS 10 million will focus on the energy market and the remaining NIS 2 million will fund research in promoting renewable energy and energy efficiency in the manufacturing industry.

by CalcalisTech

2020-09-25

INDIA Andhra Pradesh Real Money Game

【Exclusive】India Andhra Pradesh Govt Bans Online Gambling However, this new amendment does not cover Fantasy Sports, one of the star performers when it comes to the type of games doing well among Real Money Games in India.

by Anshuman Gandhi

2020-09-21

CHINA US GIANT

Trump Agrees to China's Tiktok Deal with Oracle And Walmart, Allowing App’S U.S. Operations to Continue TikTok said it will maintain and expand its headquarters in the U.S., while bringing 25,000 jobs across the country. Trump had said a new company will likely be incorporated in Texas.

by cnbc

2020-09-21

INDIA POLICY Startups

Indian Parliamentary Committee Report Moots Abolition of LTCG Tax for Startups Investments The committee has also recommended an exemption for income on investments made before March 31, 2024 to encourage fresh investments by venture capital and private equity players.

by techcircle

2020-09-17