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OTTAWA: Canada's first budget in two years, to be presented to parliament on Monday, proposes a sales tax for online platforms and e-commerce warehouses, a digital services tax for Web giants and a luxury tax on items like yachts, government sources familiar with the document said.
PELABURAN Hartanah Berhad (PHB) – a subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB) and Maybank Asset Management Sdn Bhd (MAM) – announced the interim income distribution of Amanah Hartanah Bumiputera (AHB) of 2.35 sen a unit for the six-month period ended March 31, 2021.
NEW YORK: Oil fell 4% a barrel on Monday, as rising output from OPEC+ and the threat of another severe COVID-19 wave countered signs of a strong economic rebound in the United States
CREDIT Suisse says it is no “magic bullet”. Bank of America insists it’s a “red herring”. And yet, all it takes to whip bond traders into a frenzy is the mention of a three-letter acronym – SLR, or supplementary leverage ratio.
FOR all the optimism about travel restarting as vaccines are rolled out, airline stocks still have a way to go to make up the ground they lost in the pandemic. It may take signs of a recovery in long-haul flights for the sector to make further gains.
KUALA LUMPUR: Sarawak Consolidated Industries Bhd’s (SCIB) net profit jumped to RM52.17 million in its financial year ended Dec 31, 2020 (FY20) from RM3.15 million in FY19.
HONG KONG: Hong Kong said on Wednesday it would increase the tax on stock trading in the global financial hub, sending shares in the city's stock exchange operator tumbling, even as it posted record profits due to high trading volumes.
SAUDI Arabia has raised the stakes in a competition with freewheeling Dubai for foreign talent and cash.