Morison KSi has announced that it has rebranded as Morison Global. This rebrand celebrates the association’s worldwide membership base of 150 member firms across more than 75 countries and immediately makes the brand internationally relevant. In 2020 the association released a new visual identity, and the name change is the [...]
China’s biggest accounting firm Ruihua CPA’s is being investigated by the China Securities Regulatory Commission (CSRC) after one of its clients was found to have infested its profits by RMB 12billion ( US$1.74billion)over four years! This is not the first time Ruihua was investigated 3 years ago they were barred [...]
The oldest Travel Agent 178 years collapsed and went into administration in the UK on 23rd September 2019. It was founded in 1841 in Leicestershire by Thomas Cook a cabinet-maker. Prior to the collapse, it’s revenue was £9bn, it had 19 million customers, 22,000 staff in 16 countries. What happened? [...]
On 13th August 2019, Singapore’s Ministry of Trade and Industry slashed it’s 2019 GDP forecast to zero to 1% -this is in contrast to the forecast of 1.5% to 2.5%. With the expected continued decline in the economy, Singapore is in a technical recession. In our earlier write up we [...]
Singapore's GDP Grew by 1.3 in the First Quarter of 2019 compared to 1.9 % growth in the fourth quarter of last year- The decline was not unexpected given the GDP 2018 was 3.2% versus GDP 2017 of 3.7%. China, Malaysia, EU, USA,HK and Taiwan were the main trading partners. The overall trend will continue to [...]
As we moved into the third quarter of 2018 there is cheer in most countries' GDP -many recording constant GDP and growth. China the 2nd largest economy in the world and the big brother of Asia recorded a 6.9% growth in 2017. The GDP translated to almost US$13trillion and is [...]
Up to APRIL 2018, foreign entities cannot own a majority or control joint venture securities firms in China. The industry is considered by the government as one of the ‘protected sectors’. Over the last 2 years the Chinese government have been studying to open up the capital markets to foreign [...]
Global accountancy and law network Morison International (MI) held its 1996 annual conference at the Raffles City Convention Centre, Westin Stamford Hotel in Singapore on 24 and 25 May. The conference, which brought together over 100 representatives from MI members around the world, discussed MI's strategy for its next cycle [...]
