ECONOMY

Temu’s Strategic Expansion into Europe: A Game-Changer

DUBLIN  –  In a bold move that is set to redefine the e-commerce landscape, Temu has announced its expansion into the European market, targeting retailers in Germany, France, Italy, Spain, Great Britain, and the Netherlands. This strategic decision comes with … Continue reading Temu’s Strategic Expansion into Europe: A Game-Changer

IBM: The Exodus of Multinationals from China

BEIJING – In recent years, a significant shift has been observed as multinational corporations begin to withdraw their operations from China. This exodus is not a sudden impulse but a strategic response to the complex tapestry of geopolitical tensions, economic … Continue reading IBM: The Exodus of Multinationals from China

Indonesia’s VAT Increase: Challenges and Opportunities

JAKARTA – As Indonesia gears up for a significant shift in its tax landscape with the Value Added Tax (VAT) rate set to rise from 11% to 12% in January 2025, businesses are bracing for the impact this change will … Continue reading Indonesia’s VAT Increase: Challenges and Opportunities

China’s Energy Future: A New Era of Nuclear Power

BEIJING – As Europe increasingly turns away from nuclear power, China is taking a different path. By building eleven new nuclear power plants, the People’s Republic is reaffirming its claim to play a leading role in global nuclear policy. This … Continue reading China’s Energy Future: A New Era of Nuclear Power