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Disney’s US$578mil tax break left untouched in DeSantis feud
NEW YORK: Florida governor Ron DeSantis may have put a bull’s-eye on special perks that Walt Disney Co has enjoyed in his state for more than 50 years, but he’s keeping his hands off hundreds of millions of dollars in tax breaks recently lavished on the entertainment giant.
Online licensing is a game China can’t lose
AFTER a nine-month lunch break, China’s National Press and Publication Administration (NPPA) has reopened the window and started issuing game licences again.
Oil price higher on 2022 demand optimism
NEW YORK: Oil settled higher on Monday on hopes of further demand recovery in 2022, despite OPEC+ looking set to agree to another output increase and persistent concerns about how rising COVID infections might affect demand.
S&P 500, Dow hit record highs on 1st trading day of 2022
NEW YORK: The S&P 500 and Dow Jones Industrial Average posted closing record highs on the first trading day of the year on Monday, helped by gains in Tesla Inc and bank shares.
Road to building a human-centered society
PETALING JAYA: About 128 digitisation projects involving a total cost of RM3.8bil have been approved by the government this year in a bid to drive public sector digitalisation, said Prime Minister’s Department Malaysian Administrative Modernisation and Management Planning Unit (Mampu) head of ICT Consultant, Hussin Abu Bakar.
Automobile shortages, spending shift to services tank U.S. retail sales
WASHINGTON: U.S. retail sales fell more than expected in July as shortages depressed motor vehicle purchases and the boost to spending from the economy's reopening and stimulus checks faded, suggesting a slowdown in economic growth early in the third quarter.
LEARNING IN A VIRTUAL WORLD
As reality becomes more augmented and virtual, 5G provides a solid backbone
SCIB units secure EPCC contracts worth RM271mil
KUALA LUMPUR (Bernama) -- Sarawak Consolidated Industries Bhd's (SCIB) wholly-owned subsidiaries, SCIB Industrialised Building System Sdn Bhd and SCIB International (Labuan) Ltd have accepted two engineering, procurement, construction and commissioning (EPCC) contracts, worth RM271.14mil.
