OPEC+ nations that had been pumping more oil than their quotas allow for are starting to fall in line and provide details to other members of the cartel on how they’ll make extra reductions to …
In Armenia, a new property tax prompts debate about social justice
Armenia’s reform government recently introduced a flat income tax. Critics say a new property tax could hit people on low incomes hard.
US presents more aid to Laos’ COVID-19 response
The US has provided an additional 2.5 million USD to Laos through the US Agency for International Development (USAID) to support the country’s COVID-19 response, reported Vientiane Times newspaper on …
Georgia Senators Float Idea of Shrinking Film Tax Credit
The Georgia film tax credit, long one of the world’s most generous subsidies for the entertainment industry, could be on the chopping block as the state pares spending to respond to an …
Georgia Lawmakers Mull Cap On State’s Film Tax Credits; Senate Committee OKs Audit Of Productions
Days after local politicians and the MPA trumpeted that Georgia is reopening its busy film and TV production sector, the future of its lucrative tax credit incentive program suddenly appears …
Singapore’s central bank says received licence application from Wirecard
The Monetary Authority of Singapore (MAS) has received a license application from scandal-hit electronics payments firm Wirecard under the country’s new Payments Services Act, the central bank said on …
Oman switches to fiscal surplus after spending cuts
Oman switched to a fiscal surplus in the first four months of the year after it cut public spending amid low oil prices and the coronavirus crisis, official figures showed.
StanChart Singapore investing $5 million over three years in and traineeships and reskilling
SINGAPORE – Standard Chartered Singapore will invest $5 million … SkillsFuture Work-Study Programme and the Finance Associate Management Scheme, which allow young bankers to expand their technical …
US presents more aid to Laos’ COVID-19 response
The US has provided an additional 2.5 million USD to Laos through the US Agency for International Development (USAID) to support the country’s COVID-19 response, reported Vientiane Times newspaper on …
Spotlight: Jordan’s health recovery from COVID-19 beneficial to economy, but challenges remain
AMMAN, June 23 (Xinhua) — Jordan’s under-control epidemiological situation will serve the country economically recover from the COVID-19 pandemic, while the losses would still take a long time to be …