Taxes

Singapore and Hong Kong each boast asset management industries worth more than US$5 trillion

The move is a challenge to Singapore and Dubai, both of which have made efforts to attract asset managers

The resilience is a welcome surprise for an economy that had appeared vulnerable to the surge in oil prices triggered by the conflict

Which approach is best depends on where the bottleneck is

It’s part of Takaichi’s efforts to ease the cost of living

The Republic still has an edge – it just needs to make that clear

Takaichi has pledged to suspend the 8% levy on food for two years as a temporary step

Officials note the department does not wish to over-engineer rules

The government estimates the initiative to draw up to US$28 billion in investment