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Germany plans EUR10B relief tax package | Borneo Bulletin Online

BERLIN (AFP) – Germany will offer tax relief worth EUR10 billion (USD10.2 billion) to help workers cope with soaring inflation, Finance Minister Christian Lindner said yesterday. The package will raise base tax-free allowance as well as bring up the level from which the top income tax rate of 42 per cent will apply. Families will […]
Olaf Scholz Christian Lindner Nuclear Safety Finance Minister Christian Lindner German Chancellor Olaf Scholz German Minister

Why Indonesia's inflation rate has jumped to seven-year high

CNA – Indonesia’s inflation rate has continued to climb, reaching 4.94 per cent year-on-year in July. The July figure is the country’s highest inflation rate since October 2015. Back then, it was 6.25 per cent. This comes amid soaring food and energy prices globally as well as crop failures domestically, according to head of the […]
Jakarta Raya Bhima Yudhistira Mohammad Faisal David Sumual Margo Yuwono Bank Central Asia

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Top-ranked Medvedev downs Norrie to end ATP title drought in Los Cabos

LOS CABOS (AFP) – World number one Daniil Medvedev won his first ATP title of 2022 on Saturday, roaring past defending champion Cameron Norrie 7-5, 6-0 in the final of the hardcourt tournament in Los Cabos, Mexico. Medvedev snapped a five-match losing streak in finals – a stretch that included his agonizing, five-set loss to […]
United States Rafael Nadal Cameron Norrie Daniil Medvedev Los Cabos Novak Djokovic

Malaysia palm oil stocks seen at eight-month high | Borneo Bulletin Online

KUALA LUMPUR (THE STAR) – Malaysia’s palm oil inventories at end-July likely jumped to the highest in eight months due to improving production and soaring imports, a media survey showed yesterday. Stockpiles in the world’s second-largest producer expanded 8.3 per cent from June to 1.79 million tonnes, according to the median estimate of 11 traders […]
Kuala Lumpur Jakarta Raya Research Ivy Ng Palm Oil Analytics Sathia Varqa Singapore Based Palm Oil Analytics Sathia Varqa 211

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