Starting 2025, employers are now not allowed to offset long service and severance funds from its Mandatory Provident Fund contributions. Sign up for unique views and unique reporting from the magazine’s renowned journalists, each weekday. National Institute of Credit Administration , has again Business News reiterated the essence of a well-functioning client credit system, which facilitates the acquisition of products and companies on credit, thereby diminishing the dependency on money transactions.

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• March 6, 2024 • Prosecutors say on the identical time that Linwei Ding was working for Google and stealing the building blocks of its AI expertise, he was additionally secretly employed by two China-based tech corporations.
• US Fed flags potential threat from China’s Evergrande Stresses in China’s actual property sector together with from heavily-indebted Evergrande have the potential to influence the United States, the US Federal Reserve warns.
• Investors bid up stock in Ford Motor and General Motors this yr as these firms moved to make electric automobiles a big a half of their product strains.
• MPs have voted unanimously to summon the chief executives of Canada’s three largest telecommunications companies to testify at a federal committee because it studies the accessibility and affordability of wi-fi and broadband companies.