UHY GLOBAL JANUARY 2023 WORD OF WELCOME


WORD OF WELCOME


Welcome to the 15th issue of UHY Global online, our twice-yearly business magazine for organisations with an international outlook. As UHY’s chairman it is my responsibility, together with the continued support of the UHY Board and our independent member firms in over 100 countries, to guide the network and our clients through 2023’s economically and socially challenging times.Globally, 2022 saw many economies struggle and with continued uncertainty surrounding the war in Ukraine, climate change, energy supply and post-pandemic inflationary pressures, the next twelve months show few signs of respite for most of us. I am pleased however to record, through the pages of this issue of UHY Global, many positive outlooks for people and business around the world, demonstrating that innovation, cooperation and forward thinking can prevail when all else seems gloomy.We have much to thank technology for, and the willingness of workforces to embrace the change that it is enabling.In our feature The March of Technology, we explore some of the impacts it is having on the professional services sector; while in The Business of Blockchain, we ask how likely it is that revolutionary technology will spread beyond the sphere of cryptocurrencies. The answer it seems, is very likely.Technology adoption accelerated during the pandemic, but another outcome has been the capability of people in some jobs and professions to work from home. Together with a fundamental reassessment of working and commuting practice, this has led to the emergence of a new dynamic in the employment market in the last year. In The Challenge of Change, our UHY colleagues in different countries discuss how employers are adjusting to a generational shift in employee attitudes and expectations.Meanwhile, on the world stage in 2022 there was landmark trade moment that had nothing to do with the pandemic. In January the Regional Comprehensive Economic Partnership (RCEP) came into force in the Asia-Pacific region, creating the world’s largest free trade deal, worth 30% of global GDP. Twelve months on, we take a look at the RCEP and untangle some of the details. UHY member firms are well represented in the region and can help clients to explore the new trading opportunities that the RCEP brings.In this issue of UHY Global we also consider the rise of hybrid meetings and conferences, the growing popularity of outsourcing, and our usual round-up of global news and people stories from across our network. I hope you find some thought-provoking content that matters for your own business.I wish you a prosperous and safe 2023.Subarna Banerjee Chairman UHY International
iStock.com/FG Trade

Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17