Google to allocate $10 billion to help accelerate India's digital economy
Jul 16, 2020 06:39 am UTC| Economy
Google will allocate $10 billion to be used over the next five to seven years through equity investments and tie-ups to help accelerate Indias digital economy, according to Google Chief Executive Sundar Pichai. The...
Delayed tax payments to bring revenue to US states
Jul 16, 2020 04:58 am UTC| Economy
A pandemic-triggered revenue plunge will be interrupted for most US states as they collect billions of dollars in tax payments. The payments would have been due in April. However, other than the payments of taxes,...
China calls UK's Huawei ban as 'groundless'
Jul 16, 2020 01:09 am UTC| Economy
The Chinese government called the UKs ban of Huaweis 5G kit as groundless while vowing to safeguard Chinese companies legitimate interests. Foreign Ministry spokeswoman Hua Chunying said the UK is making excuses to...
More Moroccans leaning on informal economy for livelihood
Jul 16, 2020 00:25 am UTC| Economy
Morocco expects the health crisis to increase the number of their workers in the informal economy, who already form a third of their workforce and contribute 14 percent of gross domestic product. The health crisis would...
S. Korea's movie industry hopeful for second-half resurgence
Jul 16, 2020 00:18 am UTC| Economy
South Koreas movie industry is pinning hopes on a rebound during the summer, with July being the most crucial juncture for a second-half resurgence. Analyst Shin Soo-yeon of Shinyoung Securities noted that with several...
High demand for computers lifts S. Korea's ICT exports
Jul 15, 2020 02:56 am UTC| Economy
South Korea exported US$14.9 billion worth of ICT products in June to rebound by one percent on-year, mainly due to an 84.5 percent on-year increase in outbound shipments of computers that hit $1.27 billion. The...
S. Korea to invest 160-T won in creating 1.9-M jobs
Jul 15, 2020 02:19 am UTC| Economy
South Korea will invest 160 trillion won by 2025 in projects that will help create 1.9 million jobs under its Korean New Deal stimulus, says Finance Minister Hong Nam-ki. In a meeting of Cabinet ministers presided over...
There’s an extra $1 billion on the table for NT schools. This could change lives if spent well
Political donations rules are finally in the spotlight – here’s what the government should do