EY's monthly business highlights

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Max Loh Welcome

Today's emerging markets stocks are increasingly becoming mainstream options for global investors.

In particular, BRIC, South Africa and South Korea are accounting for approximately 70% of rapidly-growing markets' total equity capitalization. We share in a special study on how some of these high-performing stock markets have developed and the trends in equity returns. Also, we present our forecast for Asia's trade patterns by 2020 and the opportunities arising from the region's growing middle-class.

Meanwhile, in the latest Growing Beyond report, we find that companies that are best-positioned to capitalize on new business opportunities have a high performance culture where individual talents are being developed. In another report Paradigm shift, learn the five key talent challenges that organizations must tackle now to compete more effectively today.
Lastly, find out how the key changes introduced in the revised Code of Corporate Governance will affect your business.

Please continue to send us your feedback and business requirements. Contact us here.

With this, I wish you a Merry Christmas and a Happy New Year!

Thank you.

Max Loh
Country Managing Partner
Ernst & Young LLP


Thought leadership publications
Beyond Asia: New patterns of trade Beyond Asia
New patterns of trade

Rapid-growth markets will increasingly dominate world trade over the next 10 years with Asia-Pacific experiencing the fastest growth in exports. How will trade within this region affect global business and companies wanting to move up the global value chain?
Moving toward the mainstream: Stock market development and performance in the rapid-growth markets Moving toward the mainstream
Stock market development and performance in the rapid-growth markets

Since 2000, emerging markets' share of global stock market capitalization has risen from 7% to around 30%. If this continues, by 2020, today's emerging markets could account for almost half of total world equity capitalization.
How high performers are accelerating ahead How high performers are accelerating ahead

High performers are running their businesses today to help them pull away from the competition. They are focusing on customer reach, operational agility, cost competitiveness and stakeholder confidence to achieve success.
Paradigm shift: Building a new talent management model to boost growth Paradigm shift
Building a new talent management model to boost growth

The talent expectations gap is the disparity between what companies expect from their workforce and the skills that are available in the marketplace. To close the gap, companies need to adopt a more inclusive leadership style and more.
Revised Code of Corporate Governance Revised Code of Corporate Governance

The Monetary Authority of Singapore issued the revised Code of Corporate Governance in May 2012, which introduced changes concerning, notably, director independence, Board composition, and multiple directorships.

Regular publications
APAC Tax Matters APAC Tax Matters

This edition examines the new treaties concluded by Malaysia and Singapore, taxability of income booked in Hong Kong, and other tax developments in Asia.
Click here to access the current and past issues.

Events calendar
Here are highlights of some of our upcoming events. For the full list of events, please click here.
EY Asean Art Outreach program: To the sea - 28 August 2012 to 25 January 2013 EY Asean Art Outreach program:
To the sea

Now to 25 January 2013

Presenting the 12th exhibition of the Asean Art Outreach program, To the sea is a collection of paintings by Malaysian artist Kow Leong Kiang who tells a nostalgic story of Malaysia's history and its current state through the eyes of a wistful young girl.

The exhibition runs from 28 August 2012 to 25 January 2013 in our office gallery at One Raffles Quay. The paintings are for sale. A portion of the proceeds will benefit three charities in Singapore as part of our corporate responsibility program.

Public viewing of the exhibition is by appointment only. Call +65 6535 7777 to make an appointment at least three days in advance.

If you have further enquiries or wish to update your personal particulars or be added to our mailing list, please contact us



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