Tag: finance minister
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Japan shifting to wage-driven inflation phase, finance minister says
TOKYO, Oct 21 : Japan’s economy is seeing price rises driven by higher import costs and on the cusp of shifting to a period of sustained inflation driven by rising wages, Finance Minister Satsuki Katayama said on Wednesday.The government’s scheduled consumption tax cut and payouts are aimed at cushioning the
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UK finance minister Healey to target online marketplaces in tax crackdown, The Times reports
Oct 13 : UK finance minister John Healey is expected to announce that online marketplaces such as Amazon.com, eBay and Temu will be made responsible for collecting tax owed by retailers selling on their platforms, The Times reported on Tuesday.The move is expected to raise up to £1 billion ($1.33 billion) f
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Thailand considering oil tax cut, finance minister says
BANGKOK, Sept 21 : Thailand is considering an oil tax cut, Finance Minister Ekniti Nitithanprapas said on Monday.• Ekniti said cutting the excise tax on fuel would help ease the cost-of-living burden on the public caused by the energy crisis.• The tax cut is being considered because almost all oth
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Calls to slow AI benefit US sector leaders, says French finance minister
PARIS, Sept 16 : Calls to slow down the development of AI serve the interests of U.S. leaders in the sector, French Finance Minister Roland Lescure said on Wednesday, adding that France and Europe must accelerate AI usage so that they can control the risks.”I can clearly see that the calls to slow down are…
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Calls to slow down AI development serve the interests of US AI leaders, says French finance minister
PARIS, Sept 16 : Calls to slow down the development of artificial intelligence serve the interests of U.S. AI leaders, French finance minister Roland Lescure said on Wednesday, adding France and Europe must accelerate on AI so that they can control risks.”I can clearly see that the calls to slow down are now
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Ousted Indonesia finance minister says he was ‘upset’, but half expected removal
“Last night, going to sleep was difficult. I was upset, but now it’s not too bad,” Purbaya told reporters on Tuesday (Sep 15) after a handover ceremony at the finance ministry.
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India needs forum for tech firms to engage foreign regulators, finance minister says
MUMBAI, Sept 11 : India should develop a forum that brings its technology companies together to engage with foreign governments and regulators in a coordinated manner, Finance Minister Nirmala Sitharaman said on Friday. Such a platform “could engage foreign governments and regulators before regulatory positio
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Japan will continue close dialogue with markets, finance minister says on rising yields
ASHEVILLE, North Carolina, Sept 1 : Japanese Finance Minister Satsuki Katayama said on Tuesday the government will continue close dialogue with markets, when asked by reporters about the rise in the benchmark 10-year Japanese government bond yield above the key 3 per cent mark overnight.”Japan will continue e
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Japan’s finance minister to attend G20, market focus on yen debate
TOKYO, Aug 28 : Japanese Finance Minister Satsuki Katayama said on Friday that she would attend next week’s meeting of the Group of 20’s finance leaders in Asheville, North Carolina.”I would like to contribute in discussions around the global economy and international finance,” Katayama told a news conference
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UK finance minister says FIFA’s World Cup sale plan is collapsing
LONDON, July 31 : British finance minister John Healey said on Friday he was proud that English and European soccer authorities had galvanised the opposition to FIFA’s plans to sell a stake in the World Cup, a proposal that he said now appeared to be collapsing.”I think FIFA’s plans are falling apart, and I’m
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