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The First Managing Partners Video Conference

The First Managing Partners Video Conference

On 14 May 2020, ShineWing International hosted its first Managing Partners video conference. Along with all the ShineWing International Board Members, all Managing Partners of the ShineWing international network covering 14 different countries and regions also joined the event, namely China, Hong Kong, Australia, Singapore, Japan, Pakistan, Egypt, Malaysia, UK, Indonesia, India, Taiwan, Thailand and Germany. The video conference was chaired by Mr. Marco Carlei, the Managing Director of ShineWing International.

Mr. Zhang Ke, Chairman of the ShineWing International, delivered an opening speech and shared his insights on the tremendous impact of the COVID-19 outbreak on the global market, covering production, work methods, supply chain, lifestyle and many other areas. All Managing Partners have reported the latest working status of their regional offices and it is inevitable that every member firm is enduring the shock wave of this pandemic to a certain extent. For this reason, all Partners have come up with a consensus that we should take this opportunity to enhance the internal IT infrastructure to strengthen the operating modes, re-examine and transform the existing business models and explore any flexible work methods beyond time and location constraints. Going forward, all ShineWing member firms are encouraged to turn the challenges posed by the outbreak into a driving force in order to actively explore new business opportunities and reduce operating costs.

All Managing Partners from the 14 member firms had also exchanged their views on their local policies and actions in response to the epidemic, the material impact brought by the pandemic to the firm in their local markets, the future development plans and the expectations on the strategic goals of ShineWing International.

Facing the daunting challenges caused by COVID-19, ShineWing International has still demonstrated high agility and coherency in its global development. For example, ShineWing Indonesia admitted 5 new partners and now has more than 100 staff in total; ShineWing Pakistan launched another new office in its capital, Islamabad; ShineWing India has recruited two new partners who are specializing in taxation and Information & Technology respectively enhancing our service capability in new technology, automation and digital business. Besides, member firms in Australia, Hong Kong, Malaysia, Singapore and Thailand have also made significant achievements in diversifying business portfolios and sourcing new clients.

Under the on-going pandemic, all member firms have adopted a strict prevention policy to ensure the health and safety of our staff. We have implemented adequate workplace policies and prevention measures to minimize the chance of virus infection, including allowing remote working and requiring mandatory health declaration.

At the end of the conference, Mr. Marco Carlei stressed that ShineWing International would continue to expand the presence in Europe and Latin America. He encouraged all Managing Partners to actively engage in business exchanges and experience sharing in order to realize the full potential of the global network and to empower the connectivity with the clients.

ShineWing International will continue to strive for continued growth along with our strategic roadmap, navigate new business opportunities through challenges and enhance our competitiveness and presence in the global markets.
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The latest world rankings of international accounting networks published by International Accounting Bulletin (IAB) in March 2020

We are now the 19th Largest Accounting Network in the World

The latest world rankings of international accounting networks published by International Accounting Bulletin (IAB) in March 2020

According to the latest world rankings of international accounting networks published by International Accounting Bulletin (IAB) in March 2020, ShineWing International has moved up from our position of last year, ranking 19th with fee income of $489 million. We also recorded an increase of staff numbers by 19% reaching 9,816, ranking 17th in the world.

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Invitation to judge the Malaysia International Business Awards 2019

Invitation to judge the Malaysia International Business Awards 2019

Dr. TY TEOH, Country Managing Partner from ShineWing TY TEOH was invited as one of the judging panel contributed to the credibility of the Malaysia International Business Awards 2019. Other panelists include the representative from Deloitte, KPMG, RSM, Baker Tilly and Mazars.
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ShineWing TYTEOH Malaysia visited ShineWing China Shanghai offices

ShineWing TYTEOH Malaysia visited ShineWing China Shanghai offices

ShineWing TYTEOH Malaysia visited ShineWing China Shanghai offices to explore the cross border opportunity and connectivity.
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ShineWing TYTEOH Malaysia visited ShineWing China ShenZhen and Guanzhou offices

ShineWing TYTEOH Malaysia visited ShineWing China ShenZhen and Guanzhou offices

ShineWing TYTEOH Malaysia visited ShineWing China ShenZhen and Guanzhou offices to explore the cross border opportunity and connectivity.
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ShineWing admits new member firm in India, Thailand, Taiwan and Germany

ShineWing admits new member firm in India, Thailand, Taiwan and Germany

ShineWing further expanded its network by admitting the member firm in India, Thailand, Taiwan (Moore Stephens Taiwan) and Germany to increase the client service coverage in the Asia-Pacific and Europe Region.
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ShineWing International Partners Conference 2018 at Chongqing, China

ShineWing International Partners Conference 2018 at Chongqing, China

ShineWing hosted the 3rd International Partners Conference in Chongqing, China from 17-19 October 2018, bringing over 150 partners and guests from all members firms of the ShineWing network. Throughout this Conference, all key partners around the world came together to share insights into the theme of “Thinking Ahead – Change, Innovate, Embrace the Future”, pooling wisdom and discussing sound strategies together.

The three-day conference focused on how to build an interactive communication platform by combining global resources through emerging technologies, such as artificial intelligence, big data, Internet and cloud computing and how to promote the international development of ShineWing via digital economy. There were keynote sessions covering a broad range of themes, including opportunities of the Belt and Road, IT service capabilities of ShineWing, transformation and upgrade of ShineWing driven by informatization, etc.

Mr. Zhang Ke, Chairman of ShineWing International, said, “The conference this year highlighted the change of digital environment and its impact on the profession. In the past year, ShineWing has also made significant achievements in technological implementation and business transformation. We have established a data processing centre in Xi’’an and a big data technology centre in Beijing. We are also developing the international audit methodology system which will be implemented across our member firms.”

“We continue to build momentum to grow our international business and strive to become one of the leading professional services organizations in the Asia-Pacific region. We will accelerate the pace of development in Europe, America and Africa, with the focus of China, whether it is inbound or outbound business. We will also reinforce our work in global brand protection and lead a change through the utilization of digital tools,” said Mr. Zhang Ke.

Mr. Marco Carlei, Managing Director of ShineWing International, said, “ShineWing has a unique positioning, allowing us to be “The Gateway to China” wherever you are. The Belt and Road initiative would further strengthen our premier position in the China market.”

Over the conference, there was a panel discussion on international corporate finance and mergers and acquisitions. A number of breakout sessions were also held, covering different topics such as tax services, application of information technology in professional services firms, cross-border business collaboration and referral services and management.

It was announced at the end of the conference that the ShineWing International Partners Conference 2018 would take place in Tokyo.
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2018 World Congress of Accountants

2018 World Congress of Accountants

Embracing the opportunities surrounding the Belt and Road Initiative, Asian markets have recently been gaining more attention all around the globe. Mr. Zhang Ke, Chairman, and Mr. Marco Carlei, Managing Director of ShineWing International decoded Asia’s business landscape and discussed the ways navigating through markets’ opportunities and challenges this morning at the stage of World Congress of Accountants.
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ShineWing Thailand visited ShineWing TY TEOH Malaysia offices

ShineWing Thailand visited ShineWing TY TEOH Malaysia offices

ShineWing Thailand visited ShineWing TY TEOH Malaysia offices
Mr TeeTatch SINTHUVALEE and Mr Vuthichai TUMASAROJ, the Partners from ShineWing Thailand visited ShineWing TY TEOH Kuala Lumpur office to explore the cross border opportunity and connectivity.
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Firm Merger and Rebranding Announcement in Penang, Malaysia

Firm Merger and Rebranding Announcement in Penang, Malaysia

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We are delighted to announce that Consulnet Tax Services Sdn Bhd and Yeang & Co have formalised its merger with ShineWing TY Teoh. The newly-merged entity will be operating under the firm name of ShineWing TY TEOH Yeang and ShineWing TY Teoh Consulnet Tax Sdn Bhd, respectively.