International news
News from wire services and other publishers.
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BIR digitizes delinquent tax records
The Bureau of Internal Revenue (BIR) is stepping up its collection of unpaid taxes, as it announced on Monday a new nationwide system that gives it a centralized view of delinquent accounts and properties seized, sold…
Hong Kong lawmakers say 5-year tax incentive too short to entice major innovative firms
Hong Kong lawmakers have backed the government’s proposed tax incentives for large innovative companies, but many said on Monday that the planned five-year concession period is too short to attract major firms to…
HKTDC’s Belt and Road Summit drives momentum
[The content of this article has been produced by our advertising partner.] The 11th Belt and Road Summit, which took place in Wan Chai on 9-10 September, brought together more than 6,200 top officials, business…
Sustained profitability seen with GCash-Mynt lower IPO price
The initial public offering of Mynt could give investors a more attractive starting point following the company"s final pricing at P6.60 per share, while its sustained profitability provides an important basis for…
Gasoline and kerosene pump prices up Tuesday; diesel down
Fuel retailers on Monday announced mixed movements in pump prices for the week, with gasoline and kerosene set to rise while diesel will be rolled back for the second straight week.
Toll waiver for agri trucks still under negotiation -- DA
The Department of Agriculture (DA) said on Monday that negotiations with toll operators are still underway after it requested a toll waiver for trucks hauling agricultural goods amid rising fuel prices.
Hong Kong poised for first listed property debt fund as banks pull back
Private equity firms are moving to plug a commercial real estate funding gap as traditional banks pull back, with one fund filing to launch Hong Kong’s first listed property debt vehicle. Gaw Capital, a Hong Kong-based…
Huawei, Qualcomm strike multi-year patent agreement across 5G, AI
US chip giant Qualcomm has agreed to pay to licence and acquire patents from China’s Huawei Technologies for the first time as part of a “multi-year, broad patent licence agreement” covering 5G, computing and…
Beyond the classroom: Student leaders take on real-world business challenges
Global Dominion partners with JCFAP to support the professional development and career readiness of future finance leaders
Wellcome operator DFI Retail seeks buyer for fully leased shopping centre on The Peak
DFI Retail, the food and beverage unit of Hong Kong-headquartered conglomerate Jardine Matheson, is looking to sell its mall at The Peak, one of the city’s wealthiest neighbourhoods. The entire commercial portion of…
