Latest news with #businesssector
Bloomberg
10 hours ago
- Business
- Bloomberg
A New Coalition Government Will Set South Africa Back
For many observers, trying to keep South Africa's coalition government intact as it staggered from one crisis to another over the past year has seemed like a Sisyphean task. Yet, because it seemed like such a worthy pursuit, citizens and the business sector have supported it. Now, two weeks after its first anniversary, the government has hit another hurdle — and this time the main players have drifted so far apart it may mean the end of the union as soon as this weekend. Threats of a walkout have been made. Ultimatums that must be met by Saturday afternoon have been issued. A new coalition government, more fragile and unstable than the current one, will have to be cobbled together.
Zawya
23-05-2025
- Business
- Zawya
Saudi: Updating commercial registration owner data allows access to all e-services
RIYADH — The Ministry of Commerce has clarified that updating commercial registration owner data electronically allows access to all electronic services provided by the ministry to the business sector in partnership with the Saudi Center for Economic Business. The ministry explained that there are certain terms and conditions for completing the procedures of updating commercial registration. These include an active commercial registration and the age of the applicant should be 18 years or above. The update is not possible for employees who are working in the government sector. There should be at least one manager working in the commercial registration section, in addition to obtaining the manager's approval if the applicant is not the owner of the commercial registration. The ministry stated that the service will be provided electronically free of charge and is completed within one day via the "Business Platform": © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
South China Morning Post
12-05-2025
- Business
- South China Morning Post
China-US trade truce won't stop Hong Kong from filing WTO complaint: John Lee
Hong Kong leader John Lee Ka-chiu has said the city will proceed with filing a complaint about US punitive tariffs to the World Trade Organization (WTO) despite the truce between Washington and Beijing. The city's business sector is also gearing up to take advantage of the 90-day tariff suspension window to front-load their shipments and productions, as economists see the temporary deal more as an effort to buy time ahead of the resumption of the trade war. Lee, who is leading a delegation to visit the Middle East to explore new markets, emphasised Hong Kong's status as a 'free port' and criticised the US for violating the WTO's rules by imposing so-called reciprocal tariffs on the city. 'As a separate customs territory, Hong Kong has its own tariff policies. We will continue to file complaints with the WTO,' said the city's chief executive. Under the temporary deal between Beijing and Washington, both sides agreed to roll back most of their recent tariffs for 90 days. Specifically, the US will cut tariffs on Chinese goods to 30 per cent from 145 per cent, while China will roll back duties on American goods to 10 per cent from 125 per cent, effective from Wednesday.
