SINGAPORE: Residents of Singapore are being encouraged to take a local holiday – dubbed a “Singapoliday” - and rediscover their home country while supporting local business through a S$45 million marketing campaign over the next nine months by the Singapore Tourism Board (STB) and other agencies ...
BANGKOK: Thailand's rice exporters association has slashed its forecast for 2020 exports to 6.5 million tonnes, the lowest volume in two decades, owing to drought and a strong baht currency, its executives said on Wednesday (Jul 22). The industry group's latest forecast for Thailand, the world's ...
BRUSSELS: European Union leaders clinched a deal on Tuesday (Jul 21) for a huge stimulus package which the European Commission has said will make fighting climate change central to Europe's economic recovery from the COVID-19 pandemic. Climate advocates said the final deal - a €1.074 trillion EU ...
DIVIDEND cuts by Singapore banks may happen "as early as" the upcoming payout to be announced in the second quarter, with the regulator reviewing banks’ capital plans amid prolonged economic uncertainty, said DBS Group Research in a report this week.
SEOUL: South Korea on Wednesday (Jul 22) scaled back plans to impose capital gains taxes on stock investments in response to complaints by retail investors, but said it will hike taxes for top earners as part of changes in its annual tax code revision. It comes after retail investors...
Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.
Self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV are expanding their autonomous vehicle partnership to commercial vehicles, and Fiat Chrysler will develop fully self-driving vehicles exclusively with Waymo going forward, the companies said on Wednesday.
Bank of Kyoto, a regional lender based in the ancient Japanese city, has a unique buffer against the hit to tourism from the coronavirus - dividends from local high-tech heavyweights.
THE Monetary Authority of Singapore (MAS) has slapped a S$1.1 million penalty on international trust Asiaciti Trust for inadequate safeguards against money laundering and terrorism financing – including its failure to monitor unusually large transactions by “politically exposed” customers.
The Environmental Protection Agency (EPA) is set to announce on Wednesday the first proposed U.S. emissions standards for commercial aircraft, officials briefed on the matter said.
