ECONOMY

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

Southeast Asia’s Entrepreneurs Carve Their Niche

KUALA LUMPUR – In the dynamic landscape of global innovation, Southeast Asia’s young entrepreneurs are crafting a unique narrative of success, despite the towering presence of their financially robust neighbors in East Asia. The startup industry in this vibrant region … Continue reading Southeast Asia’s Entrepreneurs Carve Their Niche

German car manufacturers in China: fight for market share

SHANGHAI – The once thriving relationship between German car manufacturers and the Chinese market is showing cracks. For decades, China was synonymous with growth and success for brands like Volkswagen, Audi, BMW, and Daimler-Benz. But times are changing. Volkswagen, once … Continue reading German car manufacturers in China: fight for market share

TSMC in Germany: 10 billion investment in Dresden

DRESDEN – The announcement by the Taiwanese semiconductor manufacturer TSMC to establish a state-of-the-art chip factory in Dresden marks a turning point for the German and European technology landscape. With a planned investment of ten billion euros and the creation … Continue reading TSMC in Germany: 10 billion investment in Dresden