The Australian Government has said the Federal Budget, set to be delivered next week, will include measures to support small business. Federal Treasurer Joe Hockey and Federal Minister for Small Business Bruce Billson have said the Jobs ...
Tags: Federal Budget, small business
China raised the consumption tax on cigarettes from five percent to 11 percent, announced the Ministry of Finance in a statement on Friday. Each cigarette will be taxed an additional 0.005 yuan during the wholesale process, effective from ...
Tags: Tax Rate, Cigarettes
A delegation of representatives from 18 companies from China’s Fujian province met officials of Vietnam’s Binh Duong province this week to learn about the local investment climate and seek business opportunities, Vietnamese ...
Tags: cutting-edge technology, Textile
Driven by currency translation effects that had a positive impact on sales in euro terms, Adidas reported a 17 per cent year over year sales surge in the first quarter ended March 31, 2015. In the first quarter of 2015, Adidas Group ...
Tags: Positive Currency, Adidas Sales
Vietnam, which has so far allowed duty free import of polyester staple fibre (PSF) could charge a 2 per cent import tax following a proposal by the ministry of industry and trade to encourage domestic production, a Vietnamese newspaper has ...
Tags: Import Tax, polyester staple fibre
Garment makers in Bangladesh have urged the government to collect 0.3 per cent tax at source on 10 per cent of their profits from exports, instead of overall profits, according to media reports in the country. The National Board of ...
Tags: Garment Exporters, apparel export
China's small and micro enterprises saved 24 billion yuan ($3.92 billion) in the first quarter of 2015 due to preferential tax policies, the State Administration of Taxation (SAT) said on Monday. Statistics from SAT showed that a total of ...
China will levy a resource tax on rare earths, tungsten and molybdenum based on sales value instead of production quantity, the Ministry of Finance announced on Thursday. The new tax, taking effect from May 1, is set at 6.5 percent for ...
Tags: Rare Earths, Resource Tax
Chinese Premier Li Keqiang on Tuesday called for improved import and export policies to offer more choice to the domestic market. Boosting domestic demand is key to ensuring steady growth and successful economic restructuring, said a ...
Tags: Domestic Market, Consumer Goods
Big 5 Sporting Goods Corporation reported sales during the first quarter increased to $243.6 million from net sales of $231.3 million for the first quarter of fiscal 2014. Same store sales increased 3.9 percent for the first quarter of ...
China will reform the resource tax of several natural resources and cut unnecessary fees starting from May, according to a statement released after a State Council executive meeting presided over by Premier Li Keqiang on Tuesday. Resource ...
Tags: Resource Tax, Resource Fees
Cabela’s Incorporated reported total revenue increased 14.0 percent to $827.1 million in the first quarter ended March 28 due primarily to the opening of new stores and associated growth at its credit card business. Cabela's Retail ...
Tags: Cabela, Sporting Goods
The grocer is predicted to unveil a loss of up to £5bn in its full year results this Wednesday. Tesco is expected to reveal its worst results in history with full-year results unveiling a loss of £5bn on Wednesday. It is ...
Tags: Tesco, Tesco grocer
Kona Brewing Company has announced plans to invest $15mn for expansion of its brewery operations in Hawaii, US. The expansion plans include construction of a new 30,000ft2 brewery that would boost Kona's annual brewing capacity to ...
Tags: Kona Brewing, brewery operations
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income