Micro News

Former House speaker for the Cyprus Committee has condemned a recent controversial arms trade deal between Russia and Turkey. He has spoken out putting pressure on officials in Cyprus to issue a political march to denounce Russia over the country’s plans to sell Turkey an anti-aircraft modal missile…


The OECD has recently carried out peer reviews which concentrate on the availability of beneficial ownership details. In total, ten jurisdictions were evaluated in relation to beneficial ownership information and compliance. The OECD rated Norway, Ireland and Mauritius as “Compliant” whereas Jamaica…


How easy is it to get a job in Singapore?

We have two open positions in our Singapore office – a Corporate Administrator and Administrative Assistant. Within 2 days, we received about 300 applications for those positions. Most applications came from Singaporeans or Singapore PR holders. It looks like people are hungry for employment. Another…


Recent analysis of data leaked from HSBC Switzerland and from Panama based lawyer firm Mossack Fonseca revealed the ultra-rich Scandinavians, with net worth assets of US$40m and above, were under-declaring their income by 30% on average. Scandinavian countries have the highest tax rates on companies…


PWC has conducted an extensive survey to evaluate the value which recipients place on internal audit reports and the weight given to them. The research has demonstrated a declining reliance on internal audit report by shareholders, management and investors. Only 44% respondents stated they viewed internal…


China will lead the Fintech sector

PWC has conducted a worldwide research on fintech (financial technology) and came to the conclusion that China will be a dominating force in the fintech area, which includes data analysis, artificial intelligence, blockchain, etc., during next 5 years. Areas of application for new fintech proposals are…


A Soviet built aircraft carrier purchased from a debt stringent Ukraine in 2012 will be joining forces as a first Chinese homemade aircraft carrier in 2020 after being refurbished and re-equipped with Chinese made equipment and weaponry. China is building up a military force to outbalance USA military…


AC Milan bought by Chinese investors

The famous Italian football club AC Milan has reportedly changed hands from the former Italian Prime minister Silvio Berlusconi to a Chinese investment fund for 740m euros. Chinese investors will control 99.9% of share of the club.


Starting from 2018, the Malay government has decided to withdraw its participation in the Formula 1 Grand Prix. The government of Malaysia is stating that hosting Formula 1 races brings the country more troubles than benefits. Going forward, Singapore will remain as the only country in South East Asia…



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