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Ghanaian government urged to review rural bank corporate tax rate
Share it with more people! The Association of Rural Banks (ARB) has called on the government to lower the corporate tax rate of rural and community banks (RCB). Mr. Kwame Owusu Sekyere, Acting National President of the Association, who launched the appeal, said it would help build the capacity of rural and community banks to …
Morocco’s 2022 finance bill on track to pass with corporate tax changes – MNE Tax
By Mourad Chatar, Partner, Value Square, Dubai & Ismail El Koundi, Partner, Prokonect Consulting, Casablanca On November 13, Morocco’s House of Representatives (the upper house of parliament) approved the 2022 finance bill. While the bill is still pending in the House of Councilors (the lower house of parliament), it seems that all the lights are …
New global corporate tax rate. Good for Gibraltar? – Tax
Gibraltar: New global corporate tax rate. Good for Gibraltar? To print this article, simply register or connect to Mondaq.com. Background Last week, 136 of the 140 members of the OECD / G20 ‘inclusive framework’, which represents over 90% of global GDP and includes Gibraltar, agreed on key parameters for a new framework for international corporate …
Leva Hotels launches the LEVA CORrect corporate booking tool
Image Credit: Provided Offering a distinct experience to all types of travelers, Leva Hotels has something exciting in store for its business guests. With the new LEVA CORrect booking tool, customers benefit from the best available room rate. All they have to do is visit stayleva.com, enter a unique user code, and explore a selection …
Rivoli Vision launches the 50th anniversary edition of OMEGA UAE
Image Credit: Provided Rivoli Vision announces a very special limited edition of OMEGA eyewear as it pays homage to the 50th anniversary of the United Arab Emirates. The UAE 50th anniversary edition of OMEGA eyewear takes on special significance as it marks a momentous occasion, indelibly etched in the archives of the unification of the …
Delaware Court Decision Highlights Deficiencies in Boeing’s Corporate Culture and Governance (Part II of IV) | Michael volkov
Considered in light of the Court of Chancery ruling, the DOJ’s core findings in its Boeing investigation are problematic at best. The Court of Chancellery decision describes how Boeing’s safety culture has deteriorated into a culture of cost reduction and profit, under the supervision of a board of directors with prestigious credentials. The Delaware court …
GJ Real Estate launches new flagship properties in Ajman
Image Credit: Provided Over the years, GJ Real Estate has transcended to become a leading real estate developer in Ajman and the Northern Emirates. The company announced its new flagship project – Rital & Rinad Towers, located on Sheikh Khalifa Bin Zayed Road, Ajman, United Arab Emirates. GJ Real Estate’s new premier towers offer attractive …
EFG Hermes hosts the fourth Egypt Day conference
Image Credit: Provided Strong points The conference connects investors from some of the world’s largest financial institutions with government leaders to draw attention to EGX’s most exciting investments. EFG Hermes, the leading emerging frontier markets (EMF) financial services company, yesterday kicked off its fourth Egypt Day conference titled “Shaping the Investment Landscapeâ€. Group, led by …
How corporate governance is evolving
Milton Friedman was wrong. In his seminal 1970 essay, the Nobel Prize-winning economist wrote that corporations have no social responsibility beyond making money for shareholders. This doctrine of shareholder primacy has guided generations of business leaders, board members, and policymakers who have ensured that companies move forward in the free market with the sole focus …
GSCCO announces the expansion of the commercial port of Jubail
Jubail commercial port Image Credit: Provided Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, announced improvements to the commercial port of Jubail. With the upgrades completed, the port now has the capacity to handle 1.8 million twenty-foot containers (TEUs) per year. By increasing export volumes to Jubail, exporters in the Kingdom …
SSIF organizes the 4th forum on corporate governance | Jordan News
Ammon news – The Social Security Investment Fund (SSIF) organized the fourth corporate governance forum on Sunday entitled: “Modern Trends in Corporate Governance” for representatives of the Social Security Company on the boards of administration of companies in which the SSC holds shares. SSIF CEO Kholoud Saqqaf said the approach the fund has embarked upon, …
Shanxi week held at Expo 2020 Dubai
Image Credit: Provided Shanxi Week was simultaneously unveiled on the provincial capital Taiyuan main site, the Dubai site and via the webcast. At the opening ceremony, He Tiancai, Vice Governor of Shanxi Province, delivered a speech on behalf of the Shanxi Provincial Party Committee and the provincial government. Recorded video speeches by Ali Al Dhaheri, …
4th IoD Ghana Corporate Governance Excellence Awards: Multimedia Group receives special recognition award
Multimedia Group Limited (MGL) received special recognition for its role in harnessing good corporate governance practices in the country. The company was honored for its immense contribution to promoting a culture of good corporate governance in the media industry in Ghana. MGL was one of the top five corporate entities honored at 4e Institute of …
Wharton Dean Erika James talks about corporate governance in the second ‘Beyond Business’ conference
This year’s Beyond Business lecture series, hosted by The Wharton School, examines businesses and societies from the perspective of environmental, social and governance concerns. Credit: Ana Glassman Wharton Dean Erika James moderated the second lecture in Wharton’s Beyond Business lecture series on Tuesday, discussing the evolution of corporate governance in the face of climate crisis, …
Heriot-Watt University in Dubai to host WATTXPO
Image Credit: Provided Dubai Heriot-Watt University has announced that it will host WATTXPO at its Dubai campus at Knowledge Park on Friday, November 19, 2021 from 2 p.m. to 6 p.m. WATTXPO will see the campus transform into several pavilions that will showcase the various programs offered by the University, include a series of engaging …
Pentwater issues public letter on corporate governance to Rio Tinto director Ben Wyatt
Enter Wall Street with Street Insider Premium. Claim your 1-week free trial here. NAPLES, Fla .– (BUSINESS WIRE) – Pentwater Capital Management LP (“Pentwater“), the largest minority shareholder of Turquoise Hill Resources Ltd. (“Turquoise Hill“) (TSX: TRQ) (NYSE: TRQ), wrote the following letter to Rio Tinto plc (“Rio tinto” Where “Rio”) (LSE: RIO) Director Mr. …
Announcing the launch of DDY’s new website
Image Credit: Provided The Doris Duan-Young Autism Center (DDY) is pleased to announce the launch of its brand new website! After years of hard work and dedication, the center is delighted to officially share this with all of you! The website features the following, but not limited to: a refreshed look at the facilities at …
How government can also benefit from better corporate governance
Indian capital markets have grown tremendously, in multiple dimensions, since 1991. This year is widely regarded as the milestone year with the onset of a liberal and capital-attractive economy. The public capital markets were opened to foreign portfolio investors (IFPs) in 1992. This led to a significant amount of portfolio capital flows into the country …
Sluggish fashion at CSE amid corporate tax concerns, even though turnover remains high – The Island
Fitch Ratings downgraded Sri Lanka’s long-term foreign currency issuers (IDR) default rating to “CCâ€, instead of “CCCâ€. Fitch generally does not assign Outlook or apply modifiers for Sovereigns with a “CCC” rating or lower. A number of rating actions are as follows. The downgrade reflects our view of an increased likelihood of a default event …
Cash App Borrow: Cash App’s new lending feature
Jacob Ammentorp Lund/Getty Images/iStockphoto If there are times when you need an advance before you get your paycheck, Cash App loan money could be a lifesaver. After all, sending and receiving money from the peer-to-peer payment service is so simple. The good news is that there is now a Cash App Borrow feature. Here’s everything …
DM Consultant announces expansion plans in the Philippines and Southeast Asia
UAE’s leading immigration consultant expands horizons Image Credit: Provided DM Consultants, a trusted name in the immigration industry, recently announced plans to open their very first office in the Philippines. The brand also revealed its intention to increase its visibility in India through new branches in different cities and overall significantly increase its global presence …
Crestwood Appoints Two New Independent Directors Strengthening Its MLP Corporate Governance Model | 2021-11-11 | Press Releases
Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood & CloseCurlyDoubleQuote;) announced today that Angela A. Minas and Clay C. Williams have been appointed to serve on the board of directors of its general partner effective January 1, 2022. “I am pleased to welcome Angela and Clay to the Crestwood Board of Directors. These two highly regarded …
EU adopts country-by-country public reporting to deter corporate tax avoidance – MNE Tax
By Doug Connolly, MNE Tax The EU’s new requirement for multinationals to publicly disclose the amount of tax they pay in each EU country will become law after approval by the European Parliament on November 11. Multinationals will have to start complying with the rules from 2024. EU member states will have 18 months to …
Corporate Culture Matters: Renewed Commitment to Compliance | Pietragallo Gordon Alfano Bosick & Raspanti, LLP
Take away food: Based on the old and new directives, the Department of Justice will take the following into account when dealing with misconduct by legal persons: Disclosure of ALL information about those involved in the misconduct Consideration of ALL previous acts of misconduct Use of independent auditors Priorities and actions: While speaking recently to …
Local businesses get less tax breaks than US and Japanese businesses
Korean companies have tax deduction rates that are less than half the rates for US and Japanese companies. (Yonhap) South Korean companies are getting far less tax breaks than their counterparts in Japan and the United States, according to a report on Wednesday. According to an analysis by the Korea Economic Research Institute, the corporate …
Corporate culture – a force for companies to move forward | Business
The Prime Minister appoints November 10 like Vietnam Corporate Culture Day promote the role, position and importance of corporate culture. (Photo: VNA) Hanoi (VNA) – Corporate culture is the strength and the bedrock for businesses to recover from COVID-19 and move forward, experts say. Garment 10 Corporation CEO Than Duc Viet described the corporate culture …
Superjet Tours celebrates its 15th anniversary in the United Arab Emirates
Shanfir Abdurahman, Chief Financial Officer, Superjet Group, Maria Javier, Managing Director, Superjet Tours, Rashed Al Maqoodi, President, Superjet Group, Masiuddin Mohammed, Managing Director, Superjet Group and Mohammed Hussain, Chief Visa Officer, Superjet Group Image Credit: Provided Superjet Tours, a subsidiary of Superjet Group, celebrated its 15th anniversary in the United Arab Emirates earlier this week. …
ACE to Host Canada Business Immigration Seminar in Dubai
Shireen Kapoor, Managing Partner and Co-Founder, ACE Luxury Immigration Solutions Image Credit: Provided ACE Luxury Immigration Solutions will host the Business Immigration to Canada Seminar in Dubai at the DoubleTree by Hilton – Business Bay on Saturday. Investors, businessmen, businesswomen and budding entrepreneurs from all over the UAE will be able to interact directly with …
US Department of Justice emphasizes importance of corporate culture
UK businesses need to be aware of the growing importance given to corporate culture by regulators on both sides of the Atlantic. In a recent speech that garnered much attention, U.S. Deputy Attorney General Lisa Monaco highlighted several significant changes in how the U.S. Department of Justice (DOJ) will prosecute corporate crime during the Biden …
US Department of Justice Highlights Importance of Corporate Culture | Latham & Watkins LLP
UK businesses need to be aware of the growing importance given to corporate culture by regulators on both sides of the Atlantic. In a recent speech that garnered much attention, U.S. Deputy Attorney General Lisa Monaco highlighted several significant changes in how the U.S. Department of Justice (DOJ) will prosecute corporate crime during the Biden …
800CarGuru, a one stop destination for all your car needs
Image Credit: Provided 800CarGuru, the UAE’s largest and fastest growing auto repair service provider, has reached over 100 employees and more than 30 vehicles roaming in the UAE, serving over 150,000 customers . Created by Syed Ovais, the company was founded in 2017 with a small office in Dubai International City with just a few …
Accountants call on Congress to change corporate minimum tax proposal
More than 200 accounting and tax experts, including at least two former U.S. accounting standards officials, have called on federal lawmakers not to tie a proposed minimum corporate tax to income measures reported to investors. Under the proposal, companies reporting at least $1 billion in pre-tax book income would have to pay a minimum tax …
Corporate News conveniently accuses Virginia of progressives
Immediately after Tuesday’s election, media commentators from virtually every corner of the political compass rallied around a summary condemnation of the Progressive Democrats. This can perhaps be explained by a cynical but precise observation which has been adopted from time to time by introspective journalists – political journalists are herd animals, a flock of birds …
“Corporate governance does not hinder growth”
PETALING JAYA: With the growing focus on accelerating the growth of early stage businesses through Angel Investors, Private Equity (PE) and Venture Capital (VC) outlined in the Third Market Blueprint (CMP3), it is necessary to be aware of the corporate governance issues surrounding the move. Mak Yuen Teen, professor of accounting at the National University …
Deloitte and Thomson Reuters Form Alliance to Help Corporate Tax and Legal Services Accelerate Global Digital Transformation
NEW YORK, November 4, 2021 / PRNewswire / – Deloitte Tax LLP (“Deloitte Taxâ€) and Thomson Reuters today announced a strategic alliance to help tax and legal services companies around the world transform the way they work. By combining the robust content, software and cutting-edge technology of Thomson Reuters with Deloitte’s industry-leading technology advisory and …
The principles of corporate governance are updated
Organization of corporate governance The board of directors of Nippon Sanso Holdings Corporation consists of 9 members, three of whom are outside directors, and functions to ensure sound business judgment. It meets regularly every month to discuss important issues and hears reports on business activities. The Company has set up an Appointments and Compensation Advisory …
Joyalukkas festive cashback offer to celebrate this Diwali
Image Credit: Joyalukkas Joyalukkas, the world’s favorite jeweler, has announced a festive cashback offer to make this Diwali shimmering and joyful for its customers. John Paul Alukkas, Managing Director of International Operations at Joyalukkas Group, said that as part of the festive cash back offer, customers could benefit from this Diwali, which is one of …
Why Kenya and Nigeria did not agree to a global deal on business taxation – Quartz Africa
Last month, the Organization for Economic Co-operation and Development (OECD), an intergovernmental economic body, announcement that 136 countries and jurisdictions had signed an agreement for global companies to pay a minimum tax rate of 15%. But Kenya, Nigeria, Pakistan and Sri Lanka had not accepted the deal, the OECD said. Now the two African countries …
Policybazaar UAE integrates with Al Etihad Credit Bureau
Neeraj Gupta, CEO, Policybazaar UAE Image Credit: Provided PB Fintech FZ-LLC (Policybazaar UAE), an online financial aggregator has entered into a technical / API integration with Al Etihad Credit Bureau (AECB) to implement real-time eligibility checks for credit card applications on the basis of the credit score of the AECB and banks approval criteria. Policybazaar …
Velodyne Lidar Announces the Appointment of Virginia Boulet, Corporate Governance Expert, to the Board of Directors | Business
SAN JOSE, Calif .– (BUSINESS WIRE) – November 1, 2021– Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), today announced that its board of directors has appointed Virginia Boulet as an expert in corporate governance. Ms. Boulet has been appointed to the board as a Class II director and is expected to join on November 4, 2021. …
Xponent app raises $ 1 million in pre-seed investment
Pankaj Solanki, COO; Izaan Khan, CTO / Vice President and Soorya Srinivasan, CEO Image Credit: Provided Xponent is the first investment app of its kind, which allows users to link their bank account and earn returns on their spare currency investment. Each time a user makes a transaction, the amount is rounded off and the …
New 15% corporate tax rate unlikely to be reconsidered – Secretary of the Treasury
US Treasury Secretary Janet Yellen says the new global minimum corporate tax rate of 15% is unlikely to be changed (PA) (PA Wire) we Secretary of the Treasury Janet Yellen said the new global minimum corporate tax rate of 15% should not be changed. Ms. Yellen arrived at Dublin for a bilateral meeting with Finance …
The Society for Corporate Governance celebrates its 75th anniversary
We salute those who have come before us and look forward to empowering governance professionals to create long-term value for stakeholders over the next 75 years. NEW YORK (PRWEB) November 01, 2021 The Society for Corporate Governance celebrates its 75th anniversary this week with a closing Nasdaq bell ringing today by Society President and CEO …
Takeda has applied for the selection of “Main Market”, filed a corporate governance report with the Tokyo Stock Exchange (TSE) in accordance with the revised Corporate Governance Code and corporate governance documents ‘company published on its website
OSAKA, Japan – (COMMERCIAL THREAD) – Takeda Pharmaceutical Company Limited (TOKYO: 4502 / NYSE: TAK) (“Takeda”) today applied for the selection of the “Prime Market” segment of the Tokyo Stock Exchange, Inc. (“TSE”) as its listing market, as determined at the Board of Directors meeting held. on September 29 and 30, 2021. Takeda received the …
Global Day of Action: Transforming Corporate Culture to Reduce Carbon Emissions
UK-based online contact center cuts carbon emissions to zero through remote working. LONDON, UNITED KINGDOM, November 1, 2021 /EINPresswire.com/ – November 6 is celebrated as the Global day of action, calling on all individuals and climate activists to unite for a common goal: to convince governments and businesses to take action to reduce CO2 emissions …