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Tech giant tax to dominate G7 finance ministers meet

Publication date 17 July 2019 | 15:11 | ICT

A row over taxing tech giants is set to dominate a meeting of G7 finance ministers near Paris this week, with the world’s leading industrialised nations already riven by disruptive US trade policies.



  • Huawei hopes to bring its flair for innovation to TV manufacturing

    Publication date 17 July 2019 | 14:37 | ICT

    Honor, one of the two signature smartphone brands of Huawei Technologies Co, announced that it will unveil a smart big-screen product next month, marking the company’s official entry into the TV-related sector.

  • ‘VN still allows term deposits for foreigners’

    Publication date 17 July 2019 | 14:00 | ICT

    Resident and non-resident foreigners in Vietnam are still permitted to make term deposits at local banks despite some banks saying they would not accept savings deposits from individual foreign customers, the State Bank of Vietnam (SBV) has said.

  • Vientiane pig farmers want debt issues heard

    Publication date 17 July 2019 | 13:58 | ICT

    The Vientiane Pig Farm Group is hopeful that the government will help it to tide over its debt-related issues.

  • Speed, security key features of next-generation AI

    Publication date 17 July 2019 | 13:54 | ICT

    Mobility, industrial Internet of Things (IoT), cloud and security will be the key features of the next-generation artificial intelligence (AI) and edge computing eco-systems, according to experts of US-based tech giant Cisco.

  • Chinese experts: BRI takes ‘green’ route to high-quality development

    Publication date 17 July 2019 | 13:39 | ICT

    Clean energy, environmentally friendly technology, green infrastructure, planet-preserving finance and sustainable economic development on a global scale is achievable with sustained efforts, sharp focus,

  • North Korea promotes programme for tourists

    Publication date 17 July 2019 | 13:36 | ICT

    North Korea will resume its Kumgangsan tour programme in late July, in an apparent attempt to overcome the economic burden of the international sanctions.

  • Laos seeks South Korea support for regional connectivity projects

    Publication date 17 July 2019 | 12:16 | ICT

    Sharing borders with five Asean member states, Laos is seeking to facilitate the connectivity of infrastructure across the region by strengthening cooperation with South Korea.

  • ‘Facebook needs high standard for Libra coin’

    Publication date 17 July 2019 | 12:01 | ICT

    Facebook must meet “a very high standard” before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said on Monday.

  • Market closely watches timing, pace of upcoming BoK rate cut

    Publication date 17 July 2019 | 11:37 | ICT

    With its rate-setting board meeting slated for this week, South Korea’s central bank is gearing up to lower its economic growth forecast and base interest rate, in step with the sluggish recovery pace of the global economy and the US Federal Reserves’ (Fed’s) signal of a rate cut.

  • Gov’t raises electricity power supply to 2,864MW in first half

    Publication date 17 July 2019 | 09:03 | ICT

    In efforts to curb electricity shortages during the dry season, the government increased electricity power supply by 315MW to 2,864MW in the first half of this year, data from the Ministry of Mines and Energy said.