Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 58 results for %22Ministry of Finance of%22

The good smoke

BENJAMIN ONG  |  THURSDAY, 30 SEP 2010
... domestic product." And smoking not only boosts economic growth, it'll also bump up the government's coffers. Japan's Finance Ministry estimates that the increased tax on tobacco would raise about 1.97 trillion yen (US$23.5 billion) in government revenues ...

A "race to the bottom" in currencies

JOHN MCDULING  |  FRIDAY, 17 SEP 2010
... gain competitiveness through artificial currency debasement, analysts say. After six years of abstinence, the Japanese Ministry of Finance succumbed to the rising Yen, intervening in currency markets on Wednesday. "There is a concern that what we saw ...

Shorten takes on superannuation portfolio

RUTH LIEW  |  MONDAY, 13 SEP 2010
... business savvy negotiation prowess. However, the appointment takes superannuation out of cabinet and back into the junior ministry. Meanwhile, former superannuation minister Chris Bowen, who was tipped to take on the finance portfolio, has been appointed ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 JUN 2010
... Japanese companies rebounded during the April-June period compared to the previous quarter, a joint survey by the finance ministry and cabinet office showed. The survey, which measures the difference in percentage of firms that expect the economy to ...

No easy gains in Indian equities: Pereira

PRESS RELEASE  |  TUESDAY, 2 FEB 2010
... there will be opportunities in 2010 it will be more of a stockpicker's environment," he said. He said the Indian finance ministry predicts economic growth of more than seven per cent for the financial year. The Indian Government said it may be possible ...

Norwegian pension excludes tobacco firms

PRESS RELEASE  |  MONDAY, 1 FEB 2010
The Norwegian Ministry of Finance is excluding the $518 billion Government Pension Fund Global from investing in 17 tobacco companies including British American Tobacco, Philip Morris and Japan Tobacco. The Ministry of Finance drafted rules states the ...

China's SWF on hiring spree

RUTH LIEW  |  WEDNESDAY, 17 JUN 2009
... Journal. CIC was established on September 29th 2007 with the issuance of special bonds worth RMB 1.55 trillion by China's Ministry of Finance. These were, in turn, used to acquire approximately US$200 billion of China's foreign exchange reserves and ...

Net tightens on executive pay

RUTH LIEW  |  FRIDAY, 29 MAY 2009
... majority of independent directors. Other countries are already taking steps to curb excessive spending on exec pay. The Ministry of Finance in China for instance has ordered all state-owned financial institutions to cap pay for top executives at 90 percent ...

Norway SWF adopts ESG

RUTH LIEW  |  THURSDAY, 16 APR 2009
... more tools and new measures, at the same time as we are maintaining the existing instruments," said Halvorsen. Norway's Ministry of Finance is also signing up to the UN Principles for Responsible Investment (PRI) and is going to participate directly ...

China caps executive pay

ALEX DUNNIN  |  TUESDAY, 14 APR 2009
... bonds and save their economies could also look to the Asian tiger to solve the problem of excessive executive pay. The Ministry of Finance in China has ordered all state-owned financial institutions to cap pay for top executives at 90 percent of the ...