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(Reuters) - The UK government on Wednesday announced a new 300 million pound ($418.86 million) recovery package for sport in England as part of a plan to assist the economy in dealing with the impact of the COVID-19 pandemic.
Payment is to resolve claims related to 1MDB and SRC
KUALA LUMPUR: Audit firm Deloitte PLT has agreed to a RM324mil (US$80mil) settlement to resolve all claims related to their fiduciary duty on auditing the accounts of 1MDB and SRC International Sdn Bhd for the period 2011 - 2014, the finance ministry said.
BEIJING (China Daily/ANN): China will support the efforts made by the G20 members to forge an international deal on digital taxation by the middle of this year and expects it to help the digital economy develop in an open and fair manner, a top government official said.
LONDON: Britain will "modernise" its listing rules to attract more high-growth and "blank cheque" SPAC company flotations to London, Finance Minister Rishi Sunak said on Tuesday.
Germany to start easing COVID-19 lockdown next week, draft says, critics call for speedier reopening
BERLIN (Reuters) - Chancellor Angela Merkel faced growing pressure to set out a clear roadmap to reopening German society from months of pandemic lockdown, with Finance Minister Olaf Scholz joining the chorus of voices saying existing plans did not go far enough.
JAKARTA (The Jakarta Post/ANN): The government has temporarily cut the luxury tax (PPnBM) on new car purchases and the value-added tax (PPN) on new homes in a bid to boost consumer spending.
Egypt will start registering millions of gig workers in order to offer them health insurance and emergency state aid during the coronavirus pandemic, which has taken a particularly heavy toll on the nation’s ad-hoc employees, officials said.
PETALING JAYA: The reopening of more economic sectors under the second phase of the movement control order (MCO 2.0) has succeeded in reducing the country’s losses to RM300mil a day compared to RM2.4bil a day during the MCO 1.0.
PETALING JAYA: The Finance Ministry has announced the appointment of Augustus Ralph Marshall (pic) as the CEO of Digital Nasional Bhd, a special purpose vehicle that would undertake Malaysia’s RM15bil 5G rollout over the next 10 years.