Bloomberg Indonesia plans to impose excise duty on plastic bags, sugary drinks and vehicle emissions with the new levies expected to net the government about $1.7 billion in additional revenue annually. The new measures, apart from bolstering tax collections, are aimed at tackling climate change as well as a growing prevalence of chronic diseases, Finance Minister Sri Mulyani Indrawati told ...

Bloomberg A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labour costs. To slow the spread of the virus that’s claimed more than 2,000 lives, Chinese authorities and big employers have encouraged people to stay home. Shopping ...

While candidates jostle for advantage in the Democratic presidential primary, and the news media play the odds, President Donald Trump already knows the identity of his opponent. Indeed, his campaign, with the full support of the Republican Party, is already waging a vigorous crusade to destroy his opposition. No, it’s not Joe Biden, who inspired Trump’s shakedown of Ukraine. Trump’s ...