According to five sources familiar with Indonesia’s move, Jakarta plans on imposing fixed fees on select e-wallet transactions. The move could potential choke key revenue streams and raise costs for payment startups. Providers of e-wallet services in Indonesia, Southeast Asia’s largest economy, currently customize fees for vendors: while they charge a premium from big retailers…
French Finance Minister Bruno Le Maire is pushing for the deal so as to retain earnings of large tech companies who use clever strategies and tax loopholes to evade taxes. On Monday, French Finance Minister Bruno Le Maire stated, the European Union plans on introducing digital taxes for large internet firms such as Google and…
The strategic move will see the new Guangzhou plant doubling the production rates of OLED display plates from their current 60,000 to 130,000. With LG Display being the top OLED displaymaker in the world, the facility at Guangzhou, China will control and cater to the OLED TV segment across markets in the world. On Tuesday,…
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