Search Results for: Climate change

Changing management styles is key the success of corporate gender diversity initiatives in the Gulf region and elsewhere, participants of a recent networking breakfast hosted by the Association of Chartered Certified Accountants (ACCA) have concurred.

Entitled ‘Lead the Change: increasing gender diversity to boost performance’, the event was held on February 7 at the Shangri-La Dubai hotel and was attended by more than 60 CFOs and senior finance professionals.…

The Hong Kong government has announced its 2016 budget which includes a salaries tax reduction of up to HKD20,000 (USD2,574), increasing personal allowances and offering a rates waiver within its 2016-17 budget. The government has also announced a 75% profits tax reduction up to a ceiling of HKD20,000; waived business registration fees; and released a technology voucher programme assisting small-and-medium sized businesses.…

THE EUROPEAN Commission has proposed European Union (EU) legislation implementing the base erosion and profit shifting (BEPS) principles tabled last October by the Organisation for Economic Cooperation & Development (OECD).

Indeed, its comprehensive package gold plates the BEPS rules in certain areas, adding new requirements that go beyond the OECD proposals, something that is of concern to Chas Roy-Chowdhury, head of taxation at ACCA.…

The opening of newly elected Myanmar parliament on February 1 will herald a month of great change for the country, leading to a new government being installed, probably in March, with potentially major consequences for the country’s textile sector.

This change of regime could inspire a set of major new investments across many industries, potentially transforming Myanmar’s textile production sector from a homegrown relic into a competitive industrial player.…

Automotive industry experts seem to agree – past concerns that tough environmental laws could force auto-manufacturing from a green jurisdiction to a country or region with laxer controls, no longer see to apply.

In doing so, industry specialists are backing the conclusions of a new report from the world’s largest think-tank, the Paris-based Organisation for Economic Co-operation & Development (OECD), which said following tighter environmental rules can be good business.…

THE AUTOMOTIVE industry globally is facing ever-higher demands to improve performance and quality at lower cost and high tech coatings may enable the industry to deliver. The need for energy efficiency and energy reduction were two key messages that emerged from the United Nations (UN) climate change agreement in Paris, December (2015), and the auto industry may well face legal obligations under rules emerging from the agreement struck by the 21st Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC).…

THE MYANMAR government is pushing ahead with developing a textile and clothing industry hub at Myawaddy, just over the border from key Thailand manufacturing zone Mae Sot, which has prospered from access to cheap Burmese labour and Thai tax breaks.

This has long annoyed Myanmar government officials, who decided they wanted to build an industrial zone on their side of the border.…

The European Union (EU) is considering adopting methods used by the United States Environmental Protection Agency (EPA) through staging secret tests to check in service cars for type approval compliance. A hearing today (February 23) at the European Parliament’s (EP) key environment, public health and food safety committee learned that with test contents kept secret, automakers cannot design and fit cheat devices to subvert controls.…

Activists in the Democratic Republic of the Congo (DRC) are locked in a battle with President Joseph Kabila’s administration over what they are describing as an attempt to extend his mandate beyond the official end of his second – and final – term in November.…

The need for energy efficiency and energy reduction were two key messages emerging from the UN Paris climate change agreement in December (2015), and the coatings sector is poised to help its customers achieve these goals. Indeed, they may become legal obligations under rules emerging from the agreement stuck by the 21st Conference of the Parties (COP 21) to the UN Framework Convention on Climate Change (UNFCCC)

It pledged significant changes and challenges for many industrial sectors, from mining to farming and steel manufacture.…