Malaysia’s Prime Minister Anwar Ibrahim has said that his administration will take a “tax only when necessary” approach when it comes to taxation policies and reforms. In his keynote address at the opening of the National Tax Conference 2023 he said: “The changes that we will have to make, including in the forthcoming budget, will […]
Almost nine in 10 of Indian SMEs have a digitalisation strategy in place, according to a new survey carried out by software consultancy Capterra. Its research discovered that 88% of the participants confirmed they have implemented or are implementing digitalisation. “This trend underscores the growing awareness of the benefits of digital transformation and explains the […]
More than eight out of 10 foreign companies operating in China believe their profitability will remain steady or increase this year, according to a new report from the China Council for the Promotion of International Trade. The country’s leading foreign trade and investment promotion agency surveyed almost 800 foreign companies in 26 provinces, autonomous regions […]
New governance guidelines have been issued by the Dubai Centre for Family Businesses (DCFB) to support family firms operating in the emirate. They are designed to help them develop governance best practices, and includes advice on succession planning and business continuity. The move is part of the government’s aims of developing systems and processes that […]
Some 85% of medium-sized and 75% of small companies state that ESG (environmental, social and corporate governance) is a high priority, but only 37% have a clear roadmap on how to achieve their goals, according to a new a report produced by Bloomberg Media and DBS bank. The report, called Catalyst of Sustainability, is based […]
China’s National Development and Reform Commission (NDRC) has unveiled a package of 17 measures to drive private investment to help entrepreneurs succeed in key emerging sectors. The measures, designed to stimulate market vitality and drive economic recovery, have been met with a positive response by leading company executives and industry experts. “Recent supportive policies are […]
Piyush Goyal, Commerce and Industry Minister, said that harmonizing India’s protocols to international standards was high on their priority list to maintain rapid economic development in India. Goyal travelled to London on Wednesday (12.07.23) for an Institute of Chartered Accountants of India UK Chapter Meeting for chartered accountants of Indian origin. “Within the UK we […]
Piyush Goyal, Union minister of commerce and industry, has returned from a two-day official visit to the UK, during which he discussed the strengthening trade relationships between India and the UK and also between India and the European Free Trade Association (EFTA) member nations. Both India and the UK are exploring possible avenues to bolster […]
The latest Chinese government guidance to promote development of the private sector, designed to help them drive employment and stimulate economic growth, will give firms the “greatest confidence to develop”, according to industry experts. They made the comments as the Communist Party of China Central Committee and the State Council, the country’s Cabinet, released a […]
