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Bhutan is banking on a unique mix of abundant energy, a clean environment, and wellness entrepreneurism to lure foreign investors. A constitutional monarchy of 800,000 people, Bhutan is nestled in a region that’s home to nearly 3 billion. Bordered by China to the north and India to the east, west and south, the Himalayan nation installed a new government in January under Prime Minister Tshering Tobgay, who returned to office after an earlier five-year stint that ended in 2018.
There is a significant opportunity to create positive impacts as boards and leadership teams switch their focus on sustainability, with chief financial officers playing a key role in supporting this ambition. These positive impacts include competitive advantage, differentiation, and increased stakeholder value – by applying the right lens. According to a Deloitte report, with the introduction of mandatory sustainability disclosures, the visibility of sustainability performance is increasing, and
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Twenty-seven years ago, while in his late twenties, Mark Partin arrived inside the C-suite largely unprepared for the flood of challenges that would quickly breach his desk. Or so Partin tells us as he recounts the circumstances surrounding the first of five CFO appointments that have thus far punctuated his finance leadership career. “I can and do love to suffer,” Partin comments, describing the experience as being “over my head” and demanding him to “level up,” or constantly “reach to the next
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Global Finance: What’s driving the current interest in sports finance? Neil Barlow: The ownership of major sports franchises has often been the preserve of wealthy billionaires. US investors look toward European soccer and say, “There’s this amazing asset that has global appeal across Asia, the Middle East, South America … but how come their valuations don’t match that of an NFL team?
The government on Sunday said it has earmarked Rs 1,000 crore for venture fund to space startups, an indication of high priority that the government gives to the space sector.
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Teresa Ribera’s appointment as European Union executive vice-president for a Clean, Just and Competitive Transition places her in the hybrid job of EU competition chief, net-zero emissions architect and economic transformer. Replacing Margrethe Vestager, European Commission (EC) vice-president for a Europe Fit for the Digital Age and Competition, Ribera is currently Spain’s third vice-president and minister for the Ecological Transition.
Samsung Electronics and Taiwan Semiconductor Manufacturing Company (TSMC) have held talks with United Arab Emirates (UAE) officials that could see the semiconductor behemoths establish plants in the swashbuckling Persian Gulf state reportedly worth more than $100 billion. First reported last month, the development comes amid a determined push by the UAE to establish itself as a global hub for advanced technologies and shrink the emirates’ dependence on hydrocarbon revenues.
The government on Sunday said it has earmarked Rs 1,000 crore for venture fund to space startups, an indication of high priority that the government gives to the space sector.
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
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The Indian government seeks insights from the private equity and venture capital sector on global tax practices for fund managers' carried interest as it examines the imposition of GST on such earnings. A recent Supreme Court decision helps facilitate ongoing discussions about aligning with international tax norms.
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Fox News: The Engine of Disinformation That Shaped and Shattered America : From the moment it launched, Fox News wasn’t interested in being a conservative counterweight to the so-called liberal media. It set out to create an alternate universe where facts were malleable, and the truth was whatever kept its audience hooked.
The Supreme Court's ruling on input tax credit for immovable property establishes that buildings intended for rental services may be classified as "plant," crucially hinging on a functionality test. CFOs express optimism, highlighting potential cost reductions.
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