, the index ranked jurisdictions around the globe based on the complexity of their business environments, covering three areas: accounting and tax; global entity management; and payroll and human resources. The higher the rank, the more complex its business environment.
Among the 14 jurisdictions in the Asia-Pacific, the Philippines had the sixth most complex business environment with a “medium” complexity rating. It is likely to become more appealing to operate in and likely to introduce greater laws and regulations relating to economic substance requirements, the report said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Philippines working with Italy on minerals needed by EV industry - BusinessWorld OnlineTrade Secretary Alfredo E. Pascual said in a speech delivered at the Association of Southeast Asian Nations-Italy economic dialogue on Wednesday that the Philippines can be Italy’s source of “green” metals such as nickel, cobalt, and copper. READ:
Source: bworldph - 🏆 9. / 68 Read more »
CTS Global to venture into Indonesian market - BusinessWorld OnlineCTS Global Equity Group, Inc. plans to expand into the Indonesian stock market with an initial fund disbursement into Bank Central Asia (BCA) Indonesia, it disclosed on Monday. It’s only a little weird because this wasn’t the type of foreign market that the prospectus talked about. That said, the prospectus and trading plan was made in a different financial world, so this pivot could make sense!
Source: bworldph - 🏆 9. / 68 Read more »