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Dutch dividend tax abolition plan draws protests

THE HAGUE: Of all the giveaways expected in Dutch Prime Minister Mark Rutte’s 2019 budget, nothing rankles many of his compatriots more than a plan to abolish the dividend tax.

BoK wary of weak job growth, uncertainties

SEOUL: South Korea’s economy may not be strong enough for an immediate interest rate increase due to weak job growth and other uncertainties, minutes from the Bank of Korea’s (BoK) August meeting released yesterday showed four board members saying.

“There is growing concerns about real growth, broadly, as job growth is sluggish when capital investment and construction investment are undergoing corrections,” one of the central bank’s seven board members said

Jack Ma warns trade war could last 20 years

HONG KONG: Alibaba co-founder Jack Ma sent out a grave warning regarding the trade war between the US and China: It’s going to last longer and have a bigger impact than most people think.

Hidden opportunities: Ma prepares to deliver a speech at a forum in Shanghai. He says the US-China trade war will offer unprecedented opportunities for companies that can take advantage of them. — AFP

India, US closing in on package deal to remove trade irritants

NEW DELHI: Indian farmers and US manufacturers of medical devices could be among the main winners in a trade package under negotiation, as Washington and New Delhi look to remove long-standing irritants to ties, sources familiar with the talks said.

Coke eyes cannabis-infused drink market

NEW YORK: Coca-Cola Co is closely watching the fast-growing marijuana drinks market for a possible entry that would expand the world's largest soft drink maker's ambitions further away from sugary sodas

Wells Fargo analyst Bonnie Herzog called the news "an exciting potential development" as it would take Coke into another fast-growing healthier segment following last month's $5.1 billion deal for Costa Coffee and expand cannabis-infused drinks in the area of functional wellness products.

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