Economic & Fiscal

Pensonic Urges Govt Support for Tech-Driven Manufacturing in 2025 Budget
Economic & Fiscal Pensonic Urges Govt Support for Tech-Driven Manufacturing in 2025 Budget

Pensonic Holdings Bhd, a recognizable name on Bursa Malaysia, has issued a clarion call for strategic government backing in the upcoming 2025 Budget. Emphasizing the critical need to incorporate advanced technology and automation, the company aims to fortify the local manufacturing sector. By

New Zealand's New AML/CFT Reforms Aim for Efficiency and Compliance
Economic & Fiscal New Zealand's New AML/CFT Reforms Aim for Efficiency and Compliance

New Zealand's recent announcement of its comprehensive Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) reform work programme heralds a significant shift in regulatory standards. Unveiled by Associate Justice Minister Nicole McKee on October 14, 2024, this ambitious

Cayman Islands Government Approves $51.8M Extra Spending Amid Surplus Drop
Economic & Fiscal Cayman Islands Government Approves $51.8M Extra Spending Amid Surplus Drop

The Cayman Islands government has approved an additional $51.8 million in spending for the current fiscal year, highlighting a significant shift in its budgetary planning. This decision arrives alongside an updated financial outlook for 2024, revealing a considerable reduction in the anticipated

Labour Govt's Employment Rights Bill Promises Major Worker Reforms
Economic & Fiscal Labour Govt's Employment Rights Bill Promises Major Worker Reforms

As the Labour Government gears up for the introduction of the Employment Rights Bill, the legislative initiative stands poised to bring transformative changes to workers' rights in the United Kingdom. This momentous bill aims to address several long-standing issues in the labor market,

Labour Faces Tough Choices on Taxes to Fund Public Services Austerity
Economic & Fiscal Labour Faces Tough Choices on Taxes to Fund Public Services Austerity

The Labour Party in the UK is currently navigating a complex fiscal landscape as it prepares its economic strategy under the leadership of Rachel Reeves and Keir Starmer. According to a recent analysis by the Institute for Fiscal Studies (IFS), Labour may need to find ways to raise up to £25

SNP's Tax Policies Threaten Economic Growth and Talent Retention
Economic & Fiscal SNP's Tax Policies Threaten Economic Growth and Talent Retention

Initial analysis of Scotland's current fiscal scenario reveals a complex and often contentious environment shaped by the Scottish National Party’s (SNP) tax policies. With John Swinney at the helm, the SNP has implemented a higher tax regime ostensibly aimed at addressing budget deficits. H

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