Thousands of people on Saturday took to the streets of Sydney and other cities in Australia to protest Covid-19 lockdown restrictions amid another surge in cases, and police made several arrests after crowds broke through barriers and threw plastic bottles and plants.The unmasked participants marched from Sydney’s Victoria Park to Town Hall in the central business district, carrying signs calling for “freedom” and “the truth”.There was a heavy police presence in Sydney, including mounted police…
Coronavirus: Singapore’s on-off rules on dining in leave chefs, restaurateurs vexed
Some of Singapore’s top chefs are fed up with the government’s on-again, off-again measures to stop the spread of Covid-19, which include a temporary shutdown of in-person dining.Faced with a surge of cases from clusters related to karaoke lounges and a fishery port, authorities this week announced tighter controls, including a stoppage of eating at restaurants until August 18.The dine-in ban, which took effect on Thursday, comes just a month after it had been allowed again, dealing another…
Tokyo Olympics: South Korean TV network sorry for ‘inappropriate’ country captions during opening ceremony
A South Korean television network has apologised after using inappropriate images and captions to describe countries during the Tokyo 2020 opening ceremony on Friday.The broadcaster, MBC, used images of pizza to describe Italy, an upheaval for Haiti, Chernobyl for Ukraine, salmon for Norway, when athletes from those countries entered the stadium for the opening ceremony.In its captions broadcasting the ceremony, the network referred to the Marshall Islands as “once a nuclear test site for the…
Uncertain tax positions: draft legislation published
The UK government is pressing ahead with new rules requiring large businesses to report uncertain tax positions when they file their returns, despite many respondents to a recent consultation expressing concerns that the additional administrative burden will outweigh the anticipated growth in tax revenue.
Dutch fine issued over excessive drug pricing
The Dutch competition authority has fined pharmaceutical company Leadiant Biosciences almost €20 million after it found the company responsible forsetting excessive prices for the sale of one of its drugs.
Built environment key to meeting UK aims of reducing emissions
Making changes to the built environment remains a critical part of reducing the UK’s carbon emissions and adapting to climate change, but plans are beginning to lag behind upcoming challenges.
Increase in UK regulation of cryptoassets anticipated
Businesses active in the UK’s cryptoassets market can expect to see an increase in regulation in the months and years ahead, an expert has said.
Asean nations left ‘exposed’ by global minimum corporate tax seen forging closer ties with China
The global minimum corporate tax – agreed upon by Group of 20 finance ministers this month – is set to re-chart the course of international investment flows, creating new uncertainties for Southeast Asian nations that have been striving to lure foreign capital and financial expertise.Final agreement on the 15 per cent minimum-tax plan, originally agreed to by Group of 7 (G7) developed economies in early June, is not expected until October. It could also be years before it takes effect. But its…
Asia’s planned travel bubbles burst by Delta variant as some governments cling to ‘zero Covid’ strategy
Fresh lockdowns and restrictions in Asia brought on by the faster-spreading Delta coronavirus variant are making the region’s pursuit of travel bubbles look like an increasingly fruitless endeavour.Air travel bubbles, corridors that allow movement between countries without the need for quarantine, have largely been a letdown as nations pull up the drawbridge again to contain outbreaks. A travel link between Singapore and Hong Kong, first mooted last year, has never actually opened. Meanwhile,…
Decarbonising construction is happening, but leaders must be bolder
How much to build must be the fundamental question when considering the decarbonising of construction. Unless we are prepared to consider building nothing or building less we won’t achieve our carbon emissions targets.