Early access to super doesn’t justify higher compulsory contributions
Aug 09, 2020 22:44 pm UTC| Economy
A big part of the Morrison governments response to COVID-19 has been allowing people early access to their superannuation. Australians who have claimed hardship have applied for A$30.7 billion to date. This has been...
Indonesia subjects Facebook, Apple, Disney, Tiktok to 10% VAT
Aug 08, 2020 22:16 pm UTC| Economy
Indonesia has included Facebook, The Walt Disney Company (Southeast Asia) Pte Ltd., Tiktok Pte Ltd, and Apple Distribution International Ltd, among technology companies to be charged 10 percent value-added tax on sales to...
Malaysia urges ASEAN to purchase COVID-19 vaccine as a bloc
Aug 08, 2020 19:37 pm UTC| Economy
Malaysias Foreign Minister Datuk Seri Hishammuddin Hussein urged the Association of Southeast Asian Nations (ASEAN) members to procure the COVID-19 vaccine as a bloc to increase its availability in the...
Tencent targetted in US-China tech war
Aug 08, 2020 16:01 pm UTC| Economy
US President Donald Trump has issued executive orders that would ban messaging app WeChat and short-form video app TikTok in the US in 45 days if their parent companies do not sell them. The announcement sent shares of...
S. Korea to launch 6G project in 2026
Aug 08, 2020 15:17 pm UTC| Economy Technology
The South Korean government will invest 200 billion won for five years from 2021 en route to launching a 6G mobile services pilot project in 2026. The target is for commercializing 6G services between 2028 and...
US slaps 5.41% anti-dumping tariff on S. Korean, Vietnam wind towers
Aug 05, 2020 09:08 am UTC| Economy
The US slapped a 5.41 percent anti-dumping tariff on imported wind towers from South Korea and Vietnam for being sold at less than fair value. The US Department of Commerce is set to make an official order imposing the...
France to utilize 'railway highways' in achieving greener economy
Aug 04, 2020 23:48 pm UTC| Economy
France will develop railway highways to carry food and other goods to minimize the delivery by trucks to reduce the countrys carbon footprint. According to French Prime Minister Jean Castex, a fresh food train linking...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight