Tax administration was identified as one of the risks faced by German companies in the Philippines, according to a survey shared by the German-Philippine Chamber of Commerce and Industry.
Philippines faces FDI ‘headwinds’ on corruption, global tensions, says BMI
Fitch Solutions unit BMI projects the Philippines will face mounting headwinds to foreign direct investment (FDI) through 2026 due to the flood control corruption scandal, global trade tensions, and ...
IATA Report Highlights Aviation’s Expanding Economic Impact in Uzbekistan
Rafael Schvartzman, IATA’s Regional Vice President for Europe, says Uzbekistan’s focus on aviation has strengthened both the sector and the wider economy.
Japan set to issue 11 tril. yen extra bonds despite record tax revenue
The Japanese government will issue around 11 trillion yen ($70 billion) in additional bonds to help fund an economic package, even as ...
Japan manufacturers’ union to target $77 monthly base pay hike next year
A Japanese labour union group representing major manufacturers said on Wednesday that it would seek an increase of at least 12,000 yen ($77) in monthly base pay for next year, the same target as this ...
L2L Prepares Thailand’s Next-Generation Business Leaders
Thai Group Holdings has officially launched the Legacy to Legend (L2L) programme. This leadership initiative is designed to strengthen the capabilities of next-generation family business leaders ...
Apple challenges India’s antitrust penalty law with risk of up to $38B fine: report
Apple (AAPL) is challenging India's new antitrust penalty law under which the company could potentially face a fine of up to $38B, Reuters reported, citing a court filing at the Delhi High Court. The ...
Bangladesh’s bad loans surge to a record Tk 6.44 lakh crore amid lowest-ever investment inflow
Nonperforming loans in Bangladesh’s banking sector jumped to Tk 6.44 lakh crore at the end of September, which amounts to 35.7 per cent of all banking credit, the Central Bank said on Wednesday.
Apple contests India’s antitrust penalty law with risk of $38 billion fine, filing shows
Apple is challenging India's new antitrust penalty law under which the U.S. company could potentially face a fine of up to $38 billion, a court filing at the Delhi High Court, seen by Reuters, shows.
Bangladesh bank auctions six Beximco factories
At the time an independent board was established by the Bangladesh Securities and Exchange Commission (BSEC) to oversee the sale and operational management of Beximco’s factory units. "Bangladesh bank ...