PwC pulls out of Burma
PricewaterhouseCoopers has pulled out of Burma following its inclusion on a 'dirty list' earlier this year by campaigners against the country's military regime.
PricewaterhouseCoopers has pulled out of Burma following its inclusion on a 'dirty list' earlier this year by campaigners against the country's military regime.
Link: PwC has ‘blood on its hands’
The firm severed ties with Burmese firm Hla Tun Consultants, which it had ownership interest in.
In a letter to the Burma UK campaign, a PwC senior partner wrote: ‘We were aware that another member of the PricewaterhouseCoopers network of firms, which held an ownership interest in an entity operating in Burma, was re-evaluating their ownership in this entity. I am now able to confirm that we have been informed that this ownership interest has since been divested.’
Political opposition is subject to draconian controls in Burma, and the government is accused of abuses including the widespread use of slave labour.
Aung San Suu Kyi, leader of the opposition National League for Democracy, has been under house arrest since May.
The numbers you crunch tell a story. Your expertis...
20yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThree years after accountancy group DJH Mitten Clarke launched, they have announced that they have rebranded to DJH. The DJH Mitten Clarke name reflec...
View articleStatic budgets outdated. Embrace agile budgeting for a smooth year-end close and adapt to changing markets. Read More...
View articleSaffery Champness's strategic rebrand to "Saffery" reflects a bold step towards aligning its historic values with a modern, innovative ethos, fosterin...
View articleSumer’s CEO Warren Mead believes accountants have a responsibility to champion smaller and medium-sized businesses and that successful entrepreneurs a...
View articleMid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...
View articleBaker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...
View articleWhilst Small and Medium Enterprises (SMEs) account for around half of the turnover in the UK private sector[1], our own AAT research shows that over a...
View articleGrant Thornton UK as confirmed the appointment of Malcolm Gomersall as its new Chief Executive Officer. Gomersall, who has been with the firm for over...
View article