A new Corporate Income Tax Law (“CIT Law”) was passed by China’s legislature, the National People’s Congress. The new law was launched on March 16, 2007 and it takes out many of the tax incentives that had specifically been provided to foreign invested manufacturing companies. However, it decreased the current corporate income tax rate from [...]
Hong Kong’s top financial officials have put forward some amendments aimed at bringing back wealth to people, including tax cuts and other compromises. The package of measures and compromises are offered to help the disadvantaged, improve Hong Kong’s economical stability and guarantee lasting development. The government has predicted a surplus in the Consolidated Account of [...]
No matter it is a small firm or a large corporate set up, retention and motivation of executives are perhaps the two difficult tasks that any business owner faces. An executive, alternatively known by different names such as chief executive, CEO, and managing director, is a person who fills the position in a business organization. [...]
Even though there was an uncertainty over the global economic impact of the sub-prime crisis and the limping US economy, the Singapore property investment sales market stayed unexpectedly active in the first two and half months of 2008, with a total of $5.91 billion of investment sales registered to-date. Strong economic basics and the encouraging [...]
Asia is currently going through what is widely known as a “Property Boom”. Real estate is a highly recommended area for investment in Asia. Almost all countries in Asia are flourishing in the real estate sector. China is going through a revolutionary phase in the real estate sector. Rural homes and paddy fields are transformed [...]
Latest studies reveal that China’s increasing ability to woo global retailers to its shores is helping it to rise as the world’s ninth most international retail market. In the process the nation leapfrogged traditional strongholds such as the United States, Japan and Singapore concerning international retailer presence and emerged as the only non-EMEA country placed [...]
Hiring the right person is very important for the upliftment of any type of establishment, no matter whether it is a software company or an educational institution. Hiring is basically centered on your communication skills, the achievements you have made so far and the functional experience you possess. In any field, there are in general [...]