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Showing 11 - 20 of 35 results for "VAT"

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... raised to 2.8% from 2.6% last year with CNY2.0T [US$298 billion] in tax cuts announced, including a 3% cut to top bracket VAT rate. "Raised local government special bond issuance to CNY2.15T from CNY1.3T last year to aid infrastructure investment. Signaled ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... recovery, growth and economic prosperity" also includes other measures on financial reforms, lifting the value-added tax (VAT) rate from 12% to 18% and ending some gasoline subsidies. These increased VAT rates and stoppage of petrol subsidies would reportedly ...

86 billion Euros are in the mail, just

BENJAMIN ONG  |  TUESDAY, 14 JUL 2015
... by Greek voters in a referendum a few days earlier, mark just the beginning of the new deal. Those pledges, on matters like VAT and pension reform, must be legislated by the Greek parliament no later than July 15th. A week later further legislation must ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... 0.2% in December. Despite its on-going massive QE programme, Japan looks set to return to deflation with its core CPI (less VAT hike effect) slowing to 0.2% in January from 0.5% in the previous month. While Australia's core inflation remains decent at ...

30 days hath September

BENJAMIN ONG  |  TUESDAY, 3 SEP 2013
... debt ceiling negotiations, Syria (and Egypt), sinking emerging markets, political uncertainty in Italy and German elections, VAT tax debate in Japan and leaking radiated water at the Fukushima nuclear plant, the fifth death anniversary of Lehman Bros...the ...

Time for Japan sceptics to think again

MARK SMITH  |  MONDAY, 4 MAR 2013
... protracted deflationary environment, inflation is also beginning to show signs of returning. Nikko also anticipates staggered VAT hikes, which should boost inflationary expectations and stimulate pre-hike demand, albeit with some volatility. "In conclusion ...

Push... pussshh

BENJAMIN ONG  |  WEDNESDAY, 31 OCT 2012

US equities a gateway to emerging markets

BEN COLLINS  |  WEDNESDAY, 27 JUN 2012
Investing in American equities can be a good way to gain exposure to emerging markets without the risk associated with direct investment. Investing in high-quality US stocks can offer exposure to Chinese growth drivers and wider emerging market consumer ...

Economist and former EU commissioner appointed Italian PM designate

CLAIRE MCGREAL  |  MONDAY, 14 NOV 2011
... of just over 59 billion euro in order to get the country out of the red by 2014. Austerity measures include an increase in VAT from 20% to 21%, a rise in petrol costs, selling off state property, a freeze on public-sector salaries until 2014 and a gradual ...

Happily dreaming of the end

BENJAMIN ONG  |  THURSDAY, 13 OCT 2011