The Pandora Papers show the line between tax avoidance and tax evasion has become so blurred we need to act against both

What’s the difference between tax avoidance and tax evasion? The difference used to matter. Evasion was illegal. It meant not paying tax that was due. Avoidance...

Small businesses, powerhouses of APEC’s economy: Ministers

JAKARTA – Ministers responsible for small and medium enterprises in Asia-Pacific Economic Cooperation (APEC) have vowed to continue to address the needs of small businesses in...

As we mark Thanksgiving, a study of entrepreneurs explains why we give without receiving

From someone dropping off dinner at the doorstep of a neighbour with COVID-19 to an octogenarian in India giving up his oxygen bed for a middle-aged...

Why Boris Johnson’s plans for a ‘high-wage economy’ require a major shift in the way British business works

Boris Johnson has declared that his government plans to build a “high-skill, high-wage” economy across the UK. But it will not be an easy thing to...

IMF sees inflation returning to pre-pandemic level by mid-2022

ANKARA – The International Monetary Fund (IMF) on Wednesday said higher inflation will likely continue in the coming months, but it would return to pre-pandemic levels by...

Gov’t spending to contribute more in economic recovery

MANILA – Government spending, which expanded by 0.7 percent year-on-year last July, is expected to post faster growth in the coming months and boost economic recovery....

Biz groups support policies restricting mobility of unvaxxed

MANILA – While respecting the decision of individuals who do not want to get vaccinated, several business groups believe that the government and the private sector...

3 ways the collapse of Evergrande will hurt the Australian economy

Evergrande, China’s second-largest property developer, is in peril. After a decade of massive growth, including investing in “Fairyland” theme parks, an electric car company and a...

Affordable housing is a myth that worsens the housing crisis – but there is a fix

The UK’s housing crisis hardly requires an introduction. It affects people across the housing spectrum — from leaseholders stuck with flammable cladding to tenants in overcrowded...

Coffee bean prices have doubled in the past year and may double again – what’s going on?