A New Generation’s Fight to Preserve a Family Legacy Tony Lam, a 22-year-old Hongkonger, is preparing to graduate from Polytechnic University with a degree in business administration. However, instead of following the traditional path into a professional career, he has chosen to dedicate himself to preserving his family’s six-decade-old grocery store in the old Kowloon…
The Complexity of Ghana’s VAT System and Its Impact on Business A tax partner at Price Waterhouse Coopers (PWC), Abeku Guan Quansah, has raised concerns about the cascading effect of levies within Ghana’s Value Added Tax (VAT) system. He emphasized that taxes play a significant role in shaping business behavior, investment decisions, and overall economic…
The Dual Inheritance of Ghana’s Development Ghana’s journey toward national development is a story of promise, resilience, and strategic choices. At the heart of this journey lies a dual inheritance: the wealth buried beneath its soil and the vibrant potential flourishing above it. This unique combination presents both opportunities and challenges that require careful navigation…
The Evolution of Management Paradigms in the Aerospace and Defense Industry A paradigm is a framework through which a generation experiences and perceives the world, shaping the way societies understand and interact with their environment. These frameworks are not static; they evolve alongside industrial progress. This dynamic nature explains why management paradigms in various sectors,…
Asian Markets Rally on Expectations of US Rate Cuts Asian share markets experienced a positive trend on Friday, mirroring the performance of Wall Street. This surge was driven by expectations that the United States might implement up to three interest rate cuts by the end of the year. These potential reductions could lead to lower…
The Growing Concern of Military Spending and Its Impact on Global Priorities In recent years, there has been a significant increase in military spending across the globe. This trend raises important questions about how such expenditures affect the resources available for addressing pressing global issues. As nations prioritize defense, there is a growing concern that…
Economic Concerns Rise as Job Growth Slows Recent revelations about the US economy have sparked concerns among financial experts and policymakers. According to new data, the number of jobs added in the previous year was significantly lower than initially reported. This has led to a reevaluation of the economic landscape, with some experts warning that…
Hong Kong’s Economic Chief Emphasizes Partnership with Singapore Hong Kong’s Secretary for Commerce and Economic Development, Algernon Yau Ying-wah, is set to visit Singapore next week as part of a broader initiative to strengthen bilateral trade relations. The trip coincides with the 30th anniversary of Hong Kong’s economic and trade office in the city-state, marking…
The Fall of a Property Giant The delisting of Evergrande from the Hong Kong stock exchange marks a significant moment in the history of China’s property market. Once the country’s largest developer, Evergrande has now reached the end of its journey. Its shares were suspended from trading for 18 months after a court ordered its…
Economic Concerns and Political Pressure on Chancellor Rachel Reeves Chancellor Rachel Reeves is facing mounting pressure from leading economists and political figures to significantly reduce public spending. This call comes as warnings emerge that her planned tax increases could lead to a return of high inflation and excessive borrowing, reminiscent of the economic challenges faced…