Profits again outstrip wages amid accusations ‘corporate Australia is driving inflation’

While workers’ pay packets are growing at the fastest pace in a decade, profits are still rising even faster, according to official data. Key points: Profits grew 10.6 per cent in the December quarter, versus a 2.6 per cent rise in total wages and salaries Wage and salary increases slowed down later in 2022 The […]

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Makati LGU shuts down tech company headquarters for operating without business permit  – Manila Bulletin

Photo from Makati LGU / MANILA BULLETIN The Makati City local government issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.  According to the order of desistance or closure dated Feb. 23, 2023, the headquarters, located at 6799 Ayala Avenue in Barangay San Lorenzo, Makati City, violated Section […]

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Tobacco ban proposal receives opposition from business owners — Marianas Business Journal

BY ISAIAH JOHN AGUONJournal Staff  Business owners and a Democrat senator are opposed to legislation introduced by a Republican lawmaker that would ban flavored tobacco products on Guam. “Flavored tobacco product” is defined as “any tobacco product that contains a constituent that imparts a characterizing flavor but does not induce any product that has received […]

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Business Clinic: How does livestock theft cover work?

Whether you have a legal, tax, insurance, management or land issue, Farmers Weekly’s Business Clinic experts can help. Rory Gibson, regional director, A-plan Rural Insurance, outlines what to consider on livestock theft cover. See also: Business Clinic: advice needed on reviewing farm machinery cover Q: There have been some livestock thefts in our area recently. […]

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Sabah, Sarawak to prepare for border devt, explore business opportunities

Fadillah speaks during an interview with Bernama at the Parliament building in Kuala Lumpur on Feb 25, 2023. – Bernama photo KUALA LUMPUR (Feb 27): The shifting of Indonesia’s capital to Kalimantan, neighbouring Sabah and Sarawak, will require both regions to prepare themselves, especially in the development of borders and exploring bilateral business-to-business (B2B) opportunities. […]

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Business profits rebound in December quarter

The Australian Bureau of Statistics’ business indicators report, elements of which will feed into national accounts, also showed wages and salaries lifting by 2.6 per cent over the three months. Economists were expecting a 1.8 per cent quarterly uptick in profits in the December quarter following a substantial fall in the September quarter.  But business […]

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French police arrest two suspects over Platypus Finance hack

Platypus Finance, a decentralized finance (DeFi) protocol for stablecoins, yesterday announced that french authorities had arrested and summoned two suspects who had reportedly exploited their platform earlier.  Platypus thanked the France National Police, Binance, and ZackXBT for helping identify and track the suspects.  Update: @PoliceNationale have arrested and summoned 2 suspects who were reportedly exploiting […]

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Reform bill to ease business headed for Parliament vote

New Delhi: A reform bill which proposes to decriminalize a raft of provisions in order to make it easier to conduct business in India is expected to be tabled during the current session of Parliament resuming on 13 March, a government official aware of the development said. The Jan Vishwas bill which proposes to decriminalize […]

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Local Black-owned business re-opens with help from Hyundai

SAVANNAH, Ga. (WSAV) — Hyundai is helping Black-owned Savannah businesses in the midst of their plant’s arrival.  Lateeka Moore-Early is the owner of Luxe The Salon in Savannah and today she re-opened her salon with all new renovations thanks to help from Hyundai. She was awarded $15,000 in December from Hyundai as part of its […]

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How to help your business thrive in the workforce of the future

With the backdrop of a snowless Davos, a fitting metaphor for the urgent issues global leaders had come together to address at January’s annual World Economic Forum meeting in Switzerland, PwC unveiled the results of its 26th ‘Annual Global CEO Survey’. After speaking to more than 4,000 CEOs in over 100 countries and territories, the […]

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