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Max Loh Welcome

Globalization continues to define the current business landscape. Organizations that understand its significance seek well-rounded global business portfolios as a way to stay ahead.

This issue, we highlight why seizing market opportunities across today’s varied and most promising markets – particularly the BRICs and other emerging markets – remain central to sustainable business growth. Yet, great strategies are not going anywhere without great people. Leading entrepreneurs know this and are expected to up their hiring for 2013. Also, we share why successful divestments hinge on effectively leveraging human capital.

We also cast the spotlight on China, as we share recent developments in the country's law administration that affect foreigners, and how organizations can better deal with the VAT issues unique to the country. 

In addition, find out what counts for an effective capital agenda, and how companies around the world are dealing with employment issues and more in Capital Insights and Citizen Today respectively.

Lastly, join us at our upcoming events as we share in-depth perspectives on the 2013 Budget proposals, among others.
Please continue to send us your feedback and business requirements. Contact us here.

With this, I wish you a prosperous Lunar New Year.

Max Loh
Country Managing Partner
Ernst & Young LLP


Thought leadership publications
Looking beyond the obvious: Globalization and new opportunities for growth Looking beyond the obvious
Globalization and new opportunities for growth

In today's complex and globalized world, some companies are playing it safe by sticking to obvious locations for investments. But there are the leading global companies of the future that make bold and unconventional choices to stay ahead.
Rapid-Growth Markets Forecast: Winter edition - January 2013 Rapid-Growth Markets Forecast
Winter edition - January 2013

The importance of rapidly growing markets as key to sustainable growth has been well established. We offer updates on the performances of their economies and views on how their progress affects the business landscape.
Global job creation: A survey of the world's most dynamic entrepreneurs - January 2013 Global job creation: A survey of the world's most dynamic entrepreneurs
January 2013

Some of the world's leading entrepreneurs are expected to increase their global workforce in 2013. And they find innovation a powerful differentiator that sets their companies apart, driving certainty in their hiring plans.
EY Human Capital new year refresh for foreigners working in China - January 2013 EY Human Capital new year refresh for foreigners working in China
January 2013

We highlight salient human capital developments in China that will impact foreign individuals, as well as their companies operating there.
A look inside China's VAT system A look inside China's VAT system
Understanding how the regime works to effectively manage VAT risks and opportunities

Almost 80% of the survey respondents are not confident that their VAT processes are generating the correct results. Get key insights into China's VAT regime – one of the most complex in the world.
Human capital carve-out study: Strategies of successful sellers Human capital carve-out study
Strategies of successful sellers

Human capital management can make a carve-out transaction successful or it can destroy value and even break a deal. Executing a successful divestment requires key employees retention, cost effectiveness and speed to close.
Capital Insights - January 2013 Capital Insights
January 2013

This edition looks at how companies can use changing business patterns to their advantage and how they can break new ground to expand.
Citizen Today - January 2013 Citizen Today
January 2013

In our latest issue, we explore how different countries are responding to the problem of unemployment and the impact of the fiscal cliff.

Regular publications
You and the Taxman You and the Taxman

Read the hottest tax issues around compliance, controls and controversy and where Singapore can do better to attract holding companies, among others.
Click here to access the current and past issues.
Board Matters Quarterly Board Matters Quarterly

This edition lays out questions audit committees should consider  as they prepare for their upcoming discussions with management and external auditors.
Click here to access the current and past issues.
Spotlight on Business Spotlight on Business

Uncertainty looks to be a constant of life. As the business and economic landscape evolves, what will it mean for information security, IPOs, productivity and your capital agenda?
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.
Budget Seminar 2013 Budget Seminar 2013
Tuesday, 12 March

The Budget 2013 statement will be delivered on Monday, 25 February. How will the Budget proposals impact your business? Amid the uncertain economic climate, will there be measures to help Singapore businesses manage costs and preserve cash flow?

Join us at our Budget Seminar as our Tax leaders and guest speaker Dr. Tan Khee Giap share their in-depth perspectives on the Budget proposals and the future of managing taxes in Singapore.

Practical Complexities in a Simple Goods and Services Tax (GST) Practical Complexities in a Simple Goods and Services Tax (GST)
Tuesday to Wednesday
19 to 20 March

Be updated on new GST developments to better manage risks and improve compliance. This workshop provides you with critical information and in-depth analysis on the practical issues and problems faced by organizations when handling GST matters.

EY Asean Art Outreach program: Natri Puja - Thursday, 30 January to Friday, 31 May EY Asean Art Outreach program:
Natri Puja

Wednesday, 30 January to Friday, 31 May

Our Asean Art Outreach program presents its 13th show, featuring Myanmar artist, Nay Myo Say in his latest exhibition, Natri Puja, a Pali phrase meaning worshipping the Buddha with art.

The exhibition runs from 30 January to 31 May 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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