Australia inquiry flags cancelling Crown Resorts casino licence

SYDNEY: An Australian regulatory inquiry raised the prospect of cancelling the casino licence of gambling giant Crown Resorts Ltd over alleged corporate governance failures, casting a shadow over the company weeks before a US$1.6bil resort opening.

Australia inquiry flags cancelling Crown Resorts casino licence

SYDNEY: An Australian regulatory inquiry raised the prospect on Thursday of cancelling the casino licence of gambling giant Crown Resorts Ltd over alleged corporate governance failures, casting a shadow over the company weeks before a US$1.6 billion resort opening.

Australian casino billionaire Packer should be reconsidered for approval

SYDNEY: An Australian regulator should reconsider its approval of billionaire James Packer as a registered associate of casino company Crown Resorts Ltd due to his "adverse impact on its good governance", an inquiry heard on Thursday.

Intensify support for SMEs in Budget 2021

WITH many small and medium enterprises (SMEs) still struggling with cash flow and business once again slowing down following the third wave of Covid-19 infections, the Finance Ministry has provided his commitment that there would be more for SMEs in the Budget 2021 proposals.

Doors may be closing on office space

Is WFH here to stay, or will it be a passing fad?

Shareholders vote down executive pay

SYDNEY: Shareholders of Crown Resorts Ltd voted against executive pay at the company’s AGM, a step toward removing the board, as the Australian casino giant apologised for corporate governance failings.

Govt to draft comprehensive measures for Budget 2021

Insight - We’re looking at the glass half-empty recovery

THE global economic ascent has begun. From encouraging data in Singapore to less-dire global forecasts and earnings from banking behemoths, the corner appears to have been turned on a disastrous period of economic history. But the skid marks won’t easily be scrubbed away.

BTS needs hits galore to justify its price

SEOUL: Shares of Big Hit Entertainment Co, the company behind South Korean boy band BTS, begin trading this week.

‘Covid-19 will not bring Australia to its knees

CANBERRA: Australia’s treasurer Josh Frydenberg handed down the federal budget for the financial year 2020/21 on Tuesday night, declaring that Covid-19 will “not bring Australia to its knees.”