Regional Finance And Administration Manager, Asia And Middle East
World Vision is a humanitarian, development and advocacy organisation devoted to improving the lives of children, families and their communities around the world. By mobilizing resources and pooling risks at the regional level, groups such as the European Stability Mechanism or the Chiang Mai Initiative Multilateralization in Asia increase the firepower available to tackle large-scale crises. If a business has commercial loans or commercial mortgages with a regional or local lender, a Plan B should be developed for the contingency that alternative business loan arrangements could be needed in the near future. Assist the Finance & Grants Manager to provide capacity building support to the coalitions generally. A. Guide the annual budget development for all offices in the region, including the regional budget (HQ, regional costs, etc).
On the 9th of September 2015, the EuroCham Regional Finance & Tax Committee invited Ms. Jillian Lim and Mr. Franki Au, Head at Financial Incentives at the Economic Development Board (EDB) to update our members on the tax incentive policy of the EDB in the wake of global developments.
Corporate profit and personal income taxes make up about 70 percent of regional revenues, but both sources have diminished as investment, industrial production, and pay levels have decreased (real wages are expected to drop by around 10 percent in 2015).
While the demand factors may say that small firms resist equity and use mainly internal finance or combine with other financing choices, the supply factors such as availability of financial institutions in the region may in the first place determine the composition of capital structure.
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