Malaysia’s tax authorities are increasingly using travel bans to collect outstanding taxes, with some travellers stopped from travelling for just a few hundred ringgit. Thannees Tax Consulting Services managing director SM Thanneermalai told the Malaysian Sun website that the Inland Revenue Board (IRB) and the Royal Malaysian Customs Department (RMCD) were implementing travel bans even […]
India’s Ministry of Finance is predicting that the country’s economy is to grow close to 7% in the financial year 2024-25 that starts this April. In its monthly review, it said the strength of domestic demand has driven the economy to a 7%-plus growth rate over the past three years; India’s economy grew 7.2% in […]
The Chinese government is to implement a number of measures to improve the country’s business environment and attract more foreign investment, according to a leading figure its top economic regulator. Xiao Weiming, deputy secretary-general of the National Development and Reform Commission (NDRC), said China will further simplify institutional rules to create a more unified national […]
In today’s rapidly changing business landscape, environmental, social, and governance (ESG) issues have become increasingly important. ESG is a sustainability concept that has quickly transitioned from discourse to corporate practice. While there has been a recent shift in focus towards economic challenges and uncertainty, the relevance of ESG management in investment success remains a crucial […]
In today’s uncertain times, the role of a CFO is becoming increasingly challenging. Supply chains, demand patterns, and macroeconomic forces all create a complex terrain that CFOs must navigate. To effectively address these challenges, CFOs need to strike a balance between short-term agility and long-term strategy. They must be able to anticipate and prepare for […]
The revolution in artificial intelligence (AI) is transforming the way small businesses choose banks. AI’s ability to analyse massive amounts of data and provide customised recommendations is challenging the dominance of traditional comparison websites. In this article, we will explore how AI is reshaping the competitive landscape and identify some strategic approaches that banks could […]
SMEs in Dubai looking to expand in regional and overseas markets have been given a boost with launch of a new $136m funding scheme. The Dubai International Growth Initiative, launched by the government of Dubai in partnership with Emirates NBD, will boost efforts of Dubai SMEs seeking to set up an international presence, according to […]
The tourism sector in India is set to benefit from a number of new initiatives announced by Finance Minister Nirmala Sitharaman in her Interim Budget 2024-25 speech. She highlighted the government’s commitment to enhancing tourism infrastructure and amenities, pledging that states will be supported and encouraged to develop tourist centres and promote them globally, in […]
More than nine in 10 (92%) of Chinese business leaders believe generative artificial intelligence (AI) is more of an opportunity than a threat, displaying more optimism about AI that their foreign corporate peers, according to a new report from consultancy firm Accenture. The report indicated that company executives worldwide ranked generative AI and associated technologies […]
