Follow us on Telegram for the latest updates: https://t.me/mothershipsg When it rains, it pours for crypto-mogul Kwon Do Hyeong, more commonly known as Do Kwon. The beleaguered founder of the TerraUSD (UST) and Luna cryptocurrencies now reportedly finds himself slapped with a massive tax bill in his native of South Korea, the conclusion of an investigation into … [Read more...] about Luna founder Do Kwon & company faces S$108.5 million bill for allegedly evading taxes in Korea
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MANILA, Philippines — An additional 195 new infections of COVID-19 were added to the country’s total caseload on Thursday, with active cases down further to 2,139, as shown in the Department of Health (DOH) COVID-19 tracker. These new infections are much higher compared to the number of cases recorded on Wednesday, May 18, which was 103. It is also higher than the average … [Read more...] about PH logs 195 new COVID-19 infections — DOH
During US-ASEAN Special Summit, the US pledged US$150 million to tackle several key topics ranging from maritime security to pandemic preparedness to clean energy. Despite hitting the right notes, the summit lacked the concrete trade and investment commitments that ASEAN members were seeking. Access to the prized US market for ASEAN will be vital if Washington wants to balance … [Read more...] about Why Does the US-ASEAN Special Summit Lack Substantial Value?
KUALA LUMPUR: GIIB Holdings Bhd has terminated its suspended executive director, Wong Weng Yew following the investigation report pertaining to the charges of misconduct from the external independent auditor. The technical rubber compound provider, in a Bursa filing, said that based on the investigation report, the investigation committee found sufficient grounds to hold … [Read more...] about GIIB terminates suspended director
MANILA, May 19 (Reuters): The Philippine peso firmed on Thursday after its central bank raised rates for the first time in more than three years, while Asian shares tumbled on concerns around surging inflation, its impact on retail demand, and the threat of a recession. Stocks in Manila fell 1%, while the Philippine peso edged up 0.2%. The Philippine central bank raised its … [Read more...] about Emerging markets: Philippine peso firms after rate hike as Asian stocks fall on growth fears