The world is facing a significant annual financing gap of approximately $4 trillion, which hinders countries' ability to invest in critical sectors like education, healthcare, renewable energy, and social protection, according to UN estimates. This…

Australia's Treasurer Jim Chalmers has cautioned that ongoing conflicts in the Middle East are adding uncertainty to the global economy, potentially impacting Australia's upcoming budget in May. The treasurer highlighted the effect of these events…

Singapore is set to adopt the income inclusion rule and a domestic top-up tax under Pillar Two of the OECD’s BEPS 2.0 Initiative, imposing a minimum effective tax rate of 15% on qualifying enterprises’ profits…

The German economy, Europe's largest, appears poised to avoid a winter recession as manufacturing, exports, and construction show signs of improvement at the beginning of the year, as reported by the Bundesbank. Previously, the central bank…

Indonesia has affirmed its commitment to synchronising fiscal and monetary measures to shield its economy from the impact of the strengthening dollar. This concerted effort, highlighted by active intervention from the central bank, underscores a…