Today's high-growth companies are leveraging multifunctional global business services structures to transform the way their business works. This issue, we highlight the nature of these structures and how they must evolve to enhance the business. As part of improving operational efficiency, a new survey looks at how global payroll has to keep pace with business and regulatory changes.
According to our latest Capital Confidence Barometer study, 90% of Southeast Asian companies are confident about the state of their local economy and favor intra-regional investments for growth.
Indeed, Asia brims with potential. Its middle class is expected to constitute a significant part of the three billion middle-class population of emerging markets by 2030. We explore the opportunities for businesses across sectors. Also, get updates on the growth and trade patterns of rapidly growing markets in our latest forecast.
Besides Asia, Africa is also making headway in becoming a top investment destination. Our attractiveness survey has more.
Lastly, join us at our upcoming events as we discuss various topics including financial reporting standards and tax issues.
Please continue to send us your feedback and business requirements. Contact us here.
With this, I wish you a pleasant read.
Country Managing Partner
Ernst & Young LLP