Press Releases for 2010

 

2010

10/11/2010 Guarding the standards of the accounting and auditing profession

Kuala Lumpur, 10 November 2010 - The convergence of Malaysian Financial Reporting Standards (FRS) to International Financial Reporting Standards (IFRS) is vital in attracting more foreign investment to Malaysia. Increasing foreign investment is in line with our economic plan to transform Malaysia into a developed and high-income economy. Full adoption of IFRS will help with this plan by increasing the transparency and credibility of financial reporting in our country.

15/10/2010 Budget 2011 – Malaysia, a shopping paradise.

Kuala Lumpur, 15 October 2010 - In line with the Government’s mission to achieve Vision 2020 and high income nation, the 2011 Budget has shown emphasis on spending in areas that encourage inclusive and sustainable development. Various changes and measures as can be seen, are set to ease the doing business of the entrepreneurs.

24/05/2010 Emerging Nations lead the way to recovery

Kuala Lumpur, 24 May 2010 - The future looks bright for emerging economies according to the Grant Thornton International Business Report 2010. A balance of +57% of Medium to Large Enterprises (MLEs) in 14 of the world's leading emerging markets indicated that they were optimistic about the prospects for their country's economy in the year ahead. At the same time, a balance of just +2 per cent of businesses in mature economies indicated that they were optimistic. These figures compare with a global average of +24 per cent.

15/04/2010 Malaysia’s the New Economic Model (NEM) and the challenges and opportunities in industry

Kuala Lumpur, 15 April 2010 - Earlier today, one of Malaysia’s most promising young Ministers, YB Dato' Mukhriz Tun Mahathir, Deputy Minister of International Trade & Industry joined the British Malaysian Chamber of Commerce (BMCC) Premier Business Luncheon sponsored by Grant Thornton at the Sheraton Imperial Hotel Kuala Lumpur to share some key insights for companies doing business in Malaysia.

04/03/2010 Tough year ahead for employees but more hope for job seekers

Medium to Large Enterprises (MLEs) across the world decreased their employee numbers during 2009, the first time since Grant Thornton began researching employment issues in its International Business Report (IBR) in 2003 that the number of businesses cutting headcount has exceeded those increasing it. The survey, of over 7,400 MLEs across 36 economies, shows a global balance* of -8% compared to +21% in 2009 - a drop of 29 percentage points.

5/1/2010 Optimism bounces back for businesses globally

Optimism amongst Medium to Large Enterprises (MLEs) around the world has bounced back to give the Grant Thornton global optimism/pessimism index for 2010 an optimism balance* of +24%, compared to its lowest ever score of -16% this time last year. The International Business Report (IBR) survey of over 7,400 MLEs across 36 economies, now in its 18th year, also highlights a group of ten economies where businesses are more optimistic about the outlook for their economies than International Monetary Fund (IMF) forecasts might suggest.