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.
In 1954 France pioneered the introduction and implementation of the goods and services tax (GST). As of January 2014, only 41 out of 193 UN member states do not have or have yet to implement GST or value-added tax (VAT). The growing number of countries with GST can be seen as the effect of growing budget deficits and the consequent need of...
BACKGROUND: Land use in Malaysia is governed by three pieces of legislation. In the states of Peninsular Malaysia, the applicable legislation is the National Land Code 1965; in Sabah the applicable law is the Sabah Land Ordinance; and in Sarawak the applicable legislation is the Land Code (Cap. 81)...
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.
With gains in the Bahraini real estate market demonstrating a gradual return of investor and developer confidence, a drive to restart work on long-delayed residential developments is likely to give further impetus to the recovery.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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