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Cyprus Aims to Reduce Public Debt Below 60% of GDP by 2026 Amid Economic Challenges
Economists have raised concerns about the feasibility of achieving a debt ratio of 50% of GDP, warning that this target is difficult to...
Flexi Group
Aug 30, 20243 min read
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PwC Australia Faces Further Scrutiny Over Tax Leaks Scandal in Parliamentary Inquiry
PwC Australia has responded to over a dozen questions posed by a parliamentary committee concerning its involvement in a tax leaks...
Flexi Group
Aug 29, 20243 min read
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Eurobank Proposes New Board Structure for Hellenic Bank Ahead of General Assembly
Eurobank has revealed the new board members it plans to propose for Hellenic Bank in the lead-up to the general assembly scheduled for...
Flexi Group
Aug 26, 20242 min read
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Republic of Cyprus to Issue New Three-Month Government Bills on August 26
The Republic of Cyprus is set to issue a new round of government bills on Monday, August 26, with the bills having a three-month duration...
Flexi Group
Aug 23, 20241 min read
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Xiaomi and AIA Lead Rebound in Hong Kong Stocks as Tech Sector Recovers
Hong Kong stocks rebounded on Thursday, snapping a two-day losing streak, with Xiaomi and AIA driving gains on the back of strong...
Flexi Group
Aug 23, 20242 min read
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Cyprus Banks Significantly Reduce Eurosystem Borrowing Following €2.6 Billion in TLTRO Repayments
Cypriot banks have nearly eliminated their borrowing from the Eurosystem through the Targeted Longer-Term Refinancing Operations...
Flexi Group
Aug 22, 20242 min read
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Didi Global Reports Record Transaction Value and Order Volume for June Quarter
Didi Global, the Chinese ride-hailing giant, announced on Wednesday that it achieved record highs in both order volume and transaction...
Flexi Group
Aug 22, 20242 min read
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Global ETF Industry Sets Record with 1,063 New Product Launches in First 7 Months of the Year
The global Exchange-Traded Fund (ETF) industry has launched a record-breaking 1,063 new products in the first seven months of this year,...
Flexi Group
Aug 21, 20241 min read
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Hong Kong Stocks Climb as Xiaomi and Baidu Lead Tech Rally Amid Investor Focus on Fed’s Jackson Hole Meeting
Hong Kong stocks advanced on Monday, driven by a robust rally in technology shares, building on the biggest gain in two weeks recorded...
Flexi Group
Aug 19, 20242 min read
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ATO Seeks High Court Appeal Following Federal Court Ruling in Favor of PepsiCo
The Australian Taxation Office (ATO) has applied for special leave to appeal to the High Court of Australia, challenging the recent...
Flexi Group
Aug 12, 20242 min read
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CySEC Slaps €740,000 Fine on Exelcius Prime Ltd for Multiple Violations
The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday the imposition of administrative fines totaling €740,000 on...
Flexi Group
Aug 9, 20242 min read
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Eurobank Completes Acquisition of Hellenic Bank Shares, Triggers Resignation of Key Board Member
Eurobank, a subsidiary of Eurobank Ergasias Services and Holdings, has successfully concluded its mandatory public offer for the...
Flexi Group
Aug 8, 20242 min read
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Central Bank of Cyprus Revises GDP Growth Forecast for 2024, Reflecting Limited Impact from Middle East Conflict
The Central Bank of Cyprus (CBC) has adjusted its GDP growth forecast for 2024 upwards to 3 per cent, reflecting an increase of 0.2...
Flexi Group
Aug 7, 20243 min read
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Transforming Tax Functions: The Cloud Revolution and Rise of AI in Tax Compliance
Cloud solutions are revolutionizing tax functions for the better, writes Russell Gammon, chief solutions officer at Tax Systems. Just...
Flexi Group
Aug 6, 20243 min read
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Chinese Firms' Global Expansion Presents Lucrative Opportunities for Citigroup
Chinese companies are racing to expand globally amid a competitive domestic market and slower consumption at home. Despite cultural...
Flexi Group
Aug 5, 20243 min read
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Tax Experts Warn Project 2025 Could Isolate US in International Tax Policy
Tax experts caution that Project 2025, a controversial policy framework proposing radical tax reforms, could isolate the US from...
Flexi Group
Aug 2, 20244 min read
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Australian Minister Revises Controversial Tax Ethics Rule Deadline
Australian Assistant Treasurer Stephen Jones has retreated from the original deadline for the implementation of new ethical rules...
Flexi Group
Aug 1, 20242 min read
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Proposed Changes to Tax Agent Registration in Australia Demand Proof of Good Governance
Individuals, partnerships, and companies aiming to register as tax agents in Australia must now demonstrate good governance according to...
Flexi Group
Jul 31, 20242 min read
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UK’s Digital Services Tax Faces Scrutiny Amidst Calls for Repeal Following Pillar One Developments
The UK's digital services tax (DST) might be repealed in light of the predicted implementation of pillar one, according to a tax expert,...
Flexi Group
Jul 30, 20243 min read
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Lack of Risk Visibility Leads to Customer Rejection and Financial Loss for Companies
A lack of risk visibility is causing companies to reject customers and potentially lose money due to fears of violating anti-money...
Flexi Group
Jul 25, 20243 min read
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