Summer Davos business leaders upbeat on China
Business leaders and experts hailed the country's steady growth, advancing innovation and commitment to high-standard opening-up as key forces fueling global economic recovery.
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China’s Cabinet unveils new tax rules for internet platforms
The new rules, comprising 14 articles, require platform operators to submit identity and income information of both businesses and workers using their platforms to local tax…
Thailand enforces stricter cannabis law, limits use to medical purposes
The move comes in response to rising concerns over the widespread misuse of cannabis.
Indonesian sovereign wealth fund injects US$407.4 million into flag carrier Garuda Indonesia
The initiative will be conducted in phases, with the first focusing on the maintenance and operational readiness of the fleets of both the full-service carrier and its low-cost…
Geopolitical tensions, abrupt airspace closures keep Malaysian, global airlines on high alert
Qatar, one of the region’s busiest aviation hubs, temporarily closed its airspace on Monday evening in response to the attack, as geopolitical tensions intensified amid the…
Tax, transport and juice: Triple blow could spike imported fruit prices, warn traders in Malaysia
Under the expanded Sales and Service Tax, a 5% tax will be imposed on all imported fruits, while locally grown produce will remain exempt.
Conflict threatens Nepal’s economy as remittance, inflation risks grow
As tensions in West Asia flare, experts warn of severe repercussions for Nepal’s remittance-driven economy.
5 Chinese cities rise as international centers for consumption
The five cities are Shanghai, Beijing, Guangzhou in Guangdong province, Tianjin, and Chongqing, with policies including instant tax refunds and visa-free transit.
Nippon Steel completes acquisition of U.S. Steel
The transaction came to about $14.1 billion, making it the largest investment Nippon Steel has ever made. U.S. Steel will be delisted from the New York Stock Exchange.
China set to further advance financial opening-up
China will leverage successful practices from free trade zones and ports, supporting the greater participation of foreign institutions in financial business pilot programs, an…