Press Releases for 2008

 

2008

29/08/2008 2009 Budget Commentary

The recent budget announcement had good news for the individuals. A noteworthy announcement was the reduction in the tax rates in the top bracket and the middle bracket.

15/07/2008 Grant Thornton releases International Business Report (IBR) 2008

The Malaysia results from the 2008 Grant Thornton International Business Report (IBR) was released today at an event that also saw the announcement of a new branding exercise for the international accounting and consulting firm.

07/05/2008 Malaysia amongst top ten emerging economies

Malaysia is amongst the top ten emerging economies, with neighbouring countries Indonesia and Thailand also making the list, according to the International Business Report (IBR), produced by Grant Thornton International. The emerging markets index produced using a weighted calculation of key indicators*, shows China and India are still occupying the top two places this year.

25/04/2008 Half of MLEs to grow through acquisition

According to the International Business Report, produced by Grant Thornton International, despite the turbulence in the world financial markets, 44 per cent of medium-to-large-enterprises (MLEs) globally are planning to grow through acquisition in the next three years and 23 per cent of those businesses anticipate a cross border deal.

10/04/2008 Staff Costs escalating for MLES

Globally, 63 per cent of Medium to Large Enterprises (MLEs) are paying significantly more in staff costs than a year ago according to the International Business Report, produced by Grant Thornton International. China (91 per cent), India (85 per cent) and Turkey (83 per cent) have the highest percentages of businesses reporting higher staff costs.

27/03/2008 Shortage of skilled workers is major business constraint

Malaysian business growth is suffering from a shortage of skilled workers, with 42 per cent of businesses reporting it as a major constraint. This is above the global average of 37 per cent but lower than the regional average of 47 per cent.

17/03/2008 Corporate Social Responsibility- a necessity not a choice for businesses

Medium to Large Enterprises (MLEs) are adopting corporate social responsibility (CSR) policies not just to save the planet but because they are having to in order to survive and prosper.

21/01/0008 2008 appears less optimistic for Malaysian businesses compared to their Asian counterparts

Despite the subprime credit crunch panic in the US, Asian business owners continue to be the most optimistic in the world, with Philippines, India, Vietnam and Singapore taking the top four positions in a survey, Grant Thornton’s International Business Report (IBR 2008) revealed.

03/01/2008 Credible accountants key to avoiding accounting fraud

While many business owners are under the impression that their company will not become subject to accounting scams, taking early measures to avoid corporate accounting scandals is deemed necessary to sustaining business growth and becoming a world class entrepreneur, according to SJ Grant Thornton Managing Partner Dato’ N. K. Jasani