The pandemic has had its effect on business and this edition of the Bulletin is predominantly about tax incentives China, Indonesia, Japan, Malaysia, the Philippines and Vietnam have all introduced to stimulate their economies. 

The Government has launched the Greater Bay Area Youth Employment Scheme (Scheme), one of the measures announced during the Chief Executive’s 2020 Policy Address to create employment opportunities for university graduates. The Scheme provides 2,000 places, with approximately 700 designated for innovation and technology posts. Enterprises participating in the Scheme can apply for a monthly allowance for each eligible graduate. 

On 14 January 2021, the Financial Services Commission announced a series of measures to improve corporate disclosure rules in South Korea, including initiatives to promote environmental, social and governance and responsible investing. This Legal Update discusses these new Measures, the sustainable finance regulatory environment in South Korea more broadly, and the implications for foreign investors in South Korea.