Recent economic projections point to a darkening global economic outlook for 2019. Moderating activity and heightened risks due to elevated trade tensions are clouding global economic prospects.
Recent economic projections point to a darkening global economic outlook for the second part of 2018 and into 2019.
Generally, growth is losing momentum as rising trade protectionism starts to hurt economic activity. The IMF cut its forecast for global growth from 3.9% to 3.7% indicating escalating trade tensions as the principal cause for this outlook. These tensions mostly concern the relationship between the US and its trading partners – China, in particular. Despite rising protectionism, the global economy continues to expand at a healthy rate.
The IABM Brexit Survey aims at assessing the impact of the Brexit vote on the broadcast and media industry to provide IABM members useful insights on the future of the sector following the referendum outcome.
Brexit is an abbreviation of “British exit” from the European Union (EU). On Thursday 23 June 2016, the UK decided to leave the EU with the Leave side winning by 52% to 48%.
This survey aims at assessing the impact of Brexit on the global broadcast and media technology industry with a particular focus on the views from the UK and continental Europe.
MEA market overview – The opening up of the entertainment market in Saudi Arabia will usher a new era for the Kingdom and its more than 32 million population.
While many countries in this region lack the infrastructure and resources required to develop the broadcast and media industry, further challenges are presented by the unattractive business and political environment in certain countries, which also deters investment. In fact, in recent years, the region has struggled with a slowdown in economic growth, caused by weak macroeconomic policies, political uncertainty and a volatile business environment.
The opinion of the CBI, informed by consultations with its members over the past 18 months, is that developing a future close relationship between UK and EU regulatory regimes is essential to make Brexit a success. It concludes that it is important that the UK is “…involved in the policy-making, monitoring and enforcement of rules that affect it. EU bodies provide a crucial venue for this to take place, as well as a way of UK industry to learn from best practice across borders.”
Rankings show at least half of the Association of Southeast Asian Nations sit in the second half, or less complex, end of the financial complexity spectrum. Here’s an overview of corporate tax rates in each country, and some of the other taxes you’ll face when trading within ASEAN. Two years on since its inception, the ASEAN Economic Community (AEC) is now an established fact, and investment opportunities within southeast Asia have never been greater. The AEC has reduced trade barriers, going some way to level the playing field among South East Asian nations and attract trade to the region as a whole. Taxation, however, was left out of the regional integration accords of the AEC, so member states are trying to use tax rates to differentiate themselves and ensure it is their country that gets the investment. Many AEC nations have been gradually reducing corporate tax rates in recent years. And therein comes the complexity, despite greater economic cooperation within the region. Tax systems are one of the main drivers of complexity around Asia. The ranking of 94 jurisdictions across the world resulted in three top-10 spots for Asia Pacific: Vietnam ranked 5th most complex for compliance, followed by China...