ASIA: Asia’s next-gen want fulfilling jobs from venturing to family offices

Discussing career development can be a softer entry point into tougher conversations around succession, according to UBS’s Thomas Ang.

Asia’s next generation is redefining their career aspirations, with a notable shift towards seeking a sense of satisfaction as they explore setting up their own ventures and getting involved in the family office.

This change presents challenges and opportunities for wealth managers, as it is no longer merely about joining the family business.

According to Thomas Ang, UBS global co-head family advisory, art and collecting, discussing career development can be a softer entry point for succession conversations, and offer opportunities to introduce wealth management solutions.

20 January 2024

FINTECH: Crypto industry bats for tax reductions, regulatory tightening of offshore exchanges

Letters sent out to the finance ministry last month by Bharat Web3 Association and CoinDCX highlighted concerns over the 30 percent VDA tax burdening small Web3 and crypto businesses and the need for

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11 October 2024

PORTUGAL: Portugal tries to tempt under-35s with tax cuts

The Portuguese government is to slash taxes for people aged 35 and under, in an attempt to dissuade young people from emigrating and encourage foreigners to settle in Portugal. As part of the budget

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29 January 2024

UAE: UAE Economic Delegation in the UK to Boost Fintech Sustainability and Competitiveness

A UAE economic delegation is in the UK this week looking to explore opportunities for collaboration and partnerships in various sectors, including fintech, innovation, new economy, and circular economy.

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24 May 2024

Binance Tax Evasion Case Adjourned After Executive No-Show

Nigeria’s tax handling agency, Federal Inland Revenue Service (FIRS), filed a tax evasion case against Binance Holdings Limited earlier this year. The case, set for a Federal High Court in Abuja,

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