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South-east Asia’s digital taxes will incur US ire

Location:

SOUTH-EAST ASIA

The trend predates the COVID-19 crisis, but a fall in income from traditional taxes amid the pandemic is encouraging certain administrations to step up their efforts. US President…

EU digital market plans to rile US internet firms

Location:

EUROPEAN UNION

The Commission aims to stimulate an economic field where the EU lags the United States. It estimates that a completed digital single market would boost EU GDP by around 3%…

Singapore will lead in South-east Asian fintech

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SOUTH-EAST ASIA

Recent developments in South-east Asian fintech.

Mexico's digital economy faces labour reform pressures

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MEXICO

The bill will be debated when the new legislature elected in the June 6 mid-term elections is sworn in and starts sessions in September. Besides this bill, the Senate (upper…

Digital gig workers rise up EU policy agenda

Location:

EU

One controversial feature of these conditions is payment-related speculation in the contractual terms of labour platforms. Such practices are especially sensitive in the case of…

EU green ambitions are strongly reflected in budget

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EU

Overall, some 30% of the budget will involve climate-related spending. One of the key reforms concerns the EU’s own resources mechanism to finance spending, with plans to…

Expanding East African tax base will face resistance

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EAST AFRICA

Member states' national budgets include plans to increase taxation of the informal economy. Governments have several reasons for broadening tax bases: budget deficits, increasing…

Rules on tech firms will tighten across South Asia

Location:

SOUTH ASIA

Policy convergence is visible across the region's four largest markets -- India, Bangladesh, Pakistan and Sri Lanka. However, success varies and, counter-intuitively, policy…

Nigeria finance bill will modestly increase revenue

Location:

NIGERIA

The bill aims to expand the accruable revenue for the federal government, crucial for meeting the government’s 2022 fiscal targets. In particular it looks to close existing tax…

Brazil's reindustrialisation will be economic priority

Location:

BRAZIL

Manufacturing’s share of GDP has declined over recent years, deepening deindustrialisation. Vice-President Geraldo Alckmin, also the development, industry, trade and services…