Hydrocarbons revenues, specifically from liquefied natural gas, still form the bulk of Qatar’s national income. However, as the country moves forward with Qatar National Vision 2030 (QNV 2030), the government is increasingly seeking to diversify the economy away from hydrocarbons while investing in renewable solutions to meet the energy demands of the future.
The Philippine economy is gradually on the rise, largely driven by its business process outsourcing, industry and construction sectors. The average pace of growth in the Philippines in the first half of the decade was 6.3%, compared to 6% in Indonesia, 5.8% in Malaysia and Vietnam, and 3.6% in Thailand.
This chapter examines the legal framework environment for doing business in Sarawak, focusing on new sales and purchase agreements, goods and services tax, foreign property investment, minimum wage policy and the variety of visa options available to foreigners. It also contains a viewpoint from Alvin Wong, Managing Partner, Sia, Alvin Wong & Partners.
This chapter gives an overview of taxation in Sarawak, which is governed by the general policies of the Malaysian federal government. Key areas of focus include double taxation agreements, corporate tax, investment tax allowance, incentives and green technology tax exemptions..
In common with governments around the world, issues such as rising costs, demographic shifts, technological advances in care and delivering equitable health care to both rural and urban populations are posing challenges to Sarawak’s health authorities. Of the state’s inhabitants, 44% were considered rural in 2013. Yet it has only one major public hospital, Sarawak General, located in the capital Kuching. It is thus important for authorities to devise alternative modes for delivering care. Within the health care sector, the need to address the persistent urban-rural divide and create incentives to attract and retain qualified medical practitioners is likely to be prioritised. As costs rise, the requirement for health care insurance for some workers should energise the state’s insurance industry. There is also much promise for bioprospectors to discover new medical compounds in Sarawak’s rainforests, which could act as a key accelerator for the state’s biomedical economy.
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