finance

Rome out to rescue two troubled banks

ROME: At the 11th hour, the Italian government has vowed to rescue two troubled Venetian banks with the aid of a retail bank, plus billions of taxpayer's cash. The government was due to meet over the weekend to devise the rescue framework for Banca Popolare di Vicenza and Veneto Banca, the finance ...

Paper: The Taiwan Tobacco and Liquor Corporation: To ‘join the ranks of global companies’

Takin' a break.So there I was, surfing the net, and stumbled across this paper on the Tobacco and Liquor Monopoly's drive to become a global corporation: Jappe Eckhardt, Jennifer Fang and Kelley Lee (2017) The Taiwan Tobacco and Liquor Corporation: To ‘join the ranks of global companies’, Global...

Malaysia cancels decision to impose GST on 60 food items

KUALA LUMPUR: Malaysia's Royal Customs Department announced on Monday (Jun 19) that it will reverse a decision to impose the Goods and Services Tax (GST) on more than 60 food items. The decision was made after consulting the Finance Ministry on the matter.  The 6 per cent GST, which was due to b...