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Japanese cryptocurrency groups are pushing for tax cuts to stop the exodus of talent

Cryptocurrency lobby groups in Japan plan to urge the government to ease corporate tax rules. Currently, capital gains from such investments, includin

Cryptocurrency lobby groups in Japan plan to urge the government to ease corporate tax rules. Currently, capital gains from such investments, including unrealized capital gains, are subject to corporation tax at a rate of approximately 30%.The calls from the cryptocurrency industry will be a test of Prime Minister Fumio Kishidas governments commitment to developing the socalled Web3 business in Japan. Japans Financial Services Agency FSA is being asked to consider a corporate tax cut for the cryptocurrency industry. Lobby groups also plan to ask authorities to set a uniform 20% income tax on individual investors earnings from cryptocurrencies. Individual investors are currently subject to rates that can reach as high as 55%. The FSA hasnt determined whether to include this proposal in its annually suggested revisions. Read More..

B2B Tech News | 2 years ago          

Altron HealthTech partners with Health Solutions Inc. to expand the social impact of treatment

Altron HealthTech and Company Wellness Solutions have teamed up to bring South Africa a compelling new and costeffective wellness offering. The servic

Altron HealthTech and Company Wellness Solutions have teamed up to bring South Africa a compelling new and costeffective wellness offering. The service, known as ONETOTHEPOWEROF8, will concentrate on providing the majority of South Africans with affordable access to professional mental health and physical wellness advice. According to Seid, a startlingly large percentage of South Africans struggle with mental health issues. All employees, students, and beneficiaries have free access to services whenever they want them. There are no obstacles or additional costs because of this partnership, ONETOTHEPOWEROF8. Read More..

B2B Tech News | 2 years ago          

SQM has signed a contract to monetize the Australian Dorchap lithium project

Chilean lithium producer Sociedad Química y Minera de Chile SQM, through its whollyowned subsidiary SQM Australia, has agreed with Dart Mining to acq

Chilean lithium producer Sociedad Química y Minera de Chile SQM, through its whollyowned subsidiary SQM Australia, has agreed with Dart Mining to acquire a stake in the Dorchap lithium project in Victorias Australia. This transaction authorizes SQM to explore, mine, and process lithium and related minerals at the project. These projects include Victorian Exploration Barracks EL5315, EL006277, EL006300, and EL006486. The transaction also authorized SQM for funding an exploration program for the project over the next six years. The funding is up to US$12 million, excluding 70% of the commitment. After SQM will initially acquire a 30% stake in the project, the company will have the option to form a joint venture with Dart Mining. Read More..

B2B Tech News | 2 years ago          

The British BT returns to sales growth and reiterates its forecasts

BT Group beat market expectations with a 1% rise in sales in the first quarter, driven by price increases and better offers in the consumer segment. T

BT Group beat market expectations with a 1% rise in sales in the first quarter, driven by price increases and better offers in the consumer segment. The company, hit by a strike by another 40,000 paid workers on Friday, reported sales of 5.1 billion pounds and an underlying profit of 1.9 billion pounds $2.3 billion, up 2 %. Managing director Philip Jansen said that despite the business difficulties, BT performed well in its operations for the three months to June 30 and had recovered core revenues and profits. Read More..

B2B Tech News | 2 years ago          

Its time to throw out technology from communist China

Semiconductors are key to maintaining Americas technological leadership now and for decades to come. Declining US semiconductor production and increas

Semiconductors are key to maintaining Americas technological leadership now and for decades to come. Declining US semiconductor production and increasing Chinese semiconductor manufacturing capacity expose the world to communist coercion. The CHIPS Act is the first major opportunity to address this dangerous strategic flaw and remove Chinese influence from the industry. Chinas ambition to become a world leader in semiconductors underscores the relevance of the CHIPS Act. Beijings communistbacked industry is reaching new production milestones every day, gradually reducing its dependence on global markets. Secretary Pompeo said Americas security depends on keeping our military one of the most advanced in the world. He said that if we do not have access to the most important parts of the military system, our enemies will become bolder. Read More..

B2B Tech News | 2 years ago          

Bangladesh seeks IMF funding as import bill hits South Asia

Bangladesh has become the latest South Asian country to seek international financial assistance, asking the IMF for a multibilliondollar loan. The IMF

Bangladesh has become the latest South Asian country to seek international financial assistance, asking the IMF for a multibilliondollar loan. The IMF added that Bangladesh has reached out to Bangladesh to begin negotiations on the program and is seeking a form of stability and resilience to help the country adapt to climate change. Bangladesh is in a better position than other South Asian countries due to its strong export sector, where the garment trade is an important source of foreign exchange earnings. Now facing increasing import legislation, Bangladeshi officials have dismissed suggestions that the country is in crisis. Sri Lanka has yet to reach an agreement with the IMF, but Pakistan reached a tentative agreement this month on a $1.3 billion loan as part of a $7 billion aid package. Read More..

B2B Tech News | 2 years ago          

CBK bans Lipa na MPesa interestfree loan scheme

The launch of a Safaricombacked zerointerest credit service for the purchase of goods was thwarted by the Central Bank of Kenya CBK. According to thre

The launch of a Safaricombacked zerointerest credit service for the purchase of goods was thwarted by the Central Bank of Kenya CBK. According to three people with knowledge of the situation, the CBK requested that the manufacturers of the product known as Faraja cease distribution. If approved, Faraja users can spend up to Sh100,000 on goods and services and pay the same amount without the additional fees associated with other credit products. By charging Lipa Na MPesa fees, which range from Sh23 to Sh210, Safaricom will be compensated for its costs. Read More..

B2B Tech News | 2 years ago          

NBN Co. was told to reset its pricing strategy

NBN Co will remove special access obligations from the ACCC assessment and make significant changes based on revised expectations arising from the new

NBN Co will remove special access obligations from the ACCC assessment and make significant changes based on revised expectations arising from the new federal agreement.The SAU before the ACCC has been widely criticized by retail service providers RSPs because it would lock in price rises every year between now and 2040. A discussion paper on the new SAU will be published early next month. Rowland said any variation to the SAU will need to have some regard for the past, and that the companys original proposals had unrealistic revenue expectations. Aussie Broadband managing director Phillip Britt says he is pleased to see the government defend Australians from rising internet bills. Telstra looks forward to a wholesale pricing and service regime which provides a better experience for customers and a more successful industry. Read More..

B2B Tech News | 2 years ago          



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