Singapore’s tax authority rolls out new rules on transfer pricing reporting. Multinationals will have to invest in people and resources to ensure they are compliant.
The percentage of Asia-Pacific companies reporting late payment issues remained high in 2015, and the situation isn’t expected to get better, with China proving a special concern.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
Philippines finance minister Cesar V. Purisima and delegates at CT’s recent event in Manila outlined strategies for growth in the country and how companies will benefit.