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Search Result for “high excise tax”

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BUSINESS

Cathay Pacific Airways posts record losses for 2020

South China Morning Post, Published on 10/03/2021

» HONG KONG: Cathay Pacific Airways on Wednesday revealed record losses of HK$21.6 billion (US$2.8 billion) in 2020, a year blighted by the Covid-19 pandemic – the worst crisis in commercial aviation history.

WORLD

Malaysian Christians can use 'Allah' in publications: court

AFP, Published on 10/03/2021

» Christians in Muslim-majority Malaysia can use the word "Allah" in publications, a court ruled Wednesday, overturning a decades-old ban after a lengthy legal battle that fuelled religious tensions.

BUSINESS

Adidas profit plummets 78% in pandemic-hit 2020

AFP, Published on 10/03/2021

» FRANKFURT AM MAIN: German sportswear group Adidas said Wednesday its profits dived 78% in 2020 after being pummelled by the coronavirus pandemic, but forecast a sharp rebound ahead.

BUSINESS

Philippines targets Hong Kong toymakers with tax cuts

Bloomberg News, Published on 10/03/2021

» The Philippines is trying to lure Hong Kong’s toy manufacturers with tax cuts, seeking to boost an industry that has attracted companies from the US and Japan.

WORLD

Passion for pigeons persists in Arab world

AFP, Published on 10/03/2021

» CAIRO - Atop his humble wooden dovecote overlooking the majestic Giza pyramids, Abdel-Rahman Gamal released 20 homing pigeons sending them soaring up into the Cairo sky reddened by the setting sun.

BUSINESS

Covid rescue plan expected to pass Congress Wednesday

AFP, Published on 10/03/2021

» WASHINGTON: US President Joe Biden's massive relief plan is on track to cross the finish line Wednesday with a final House vote, stimulating an economy digging out from the coronavirus pandemic and offering a lifeline for millions of families.

BUSINESS

Reclusive Chinese water tycoon is now Asia's richest person

AFP, Published on 10/03/2021

» BEIJING: Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water.

WORLD

UAE now among world's top 10 tax havens: NGO

AFP, Published on 10/03/2021

» PARIS - The UAE has entered the world's top ten tax havens for the first time, research showed Tuesday, in a report flagging OECD nations and their dependencies for more than two-thirds of "global corporate tax abuse".

WORLD

Top US commander fears Chinese invasion of Taiwan by 2027

AFP, Published on 10/03/2021

» WASHINGTON: China could invade Taiwan within the next six years, as Beijing accelerates its moves to supplant American military power in Asia, a top US commander said Tuesday.

THAILAND

Move Forward MP urges scrutiny of PM's utility bills

News, Post Reporters, Published on 10/03/2021

» Move Forward Party MP, Amarat Chokepamitkul, on Tuesday asked the Revenue Department to look into whether Prime Minister Prayut Chan-o-cha included the utility charges for his official residence in his personal income tax declaration.