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Companies in Oman should take action to prepare for Value Added Tax

Edit Topix 20 Jun 2016
Muscat. Companies should take action now to prepare for Value Added Tax and Excise Tax, urged Price Waterhouse Coopers, after the Gulf Cooperation Council Ministers of Finance approved in principle both treaties last Thursday. "Some administrative matters still need to be resolved, notably with regards to the tax collection mechanism related to intra-GCC trade ... ....

Bill English exaggerates PPL costs to justify veto

Edit Scoop 20 Jun 2016
Sue Moroney List MP based in Hamilton MEDIA STATEMENT 18 June 2016 Bill English exaggerates PPL costs to justify veto The Finance Minister has used trumped-up costings to justify a financial veto against parents having 26 weeks paid parental leave, ... ....

Qatar warns of cost overruns, delays in infrastructure works

Edit Arabnews 20 Jun 2016
Attached Files. . ID. . 1466367965217128400. Publication Date. . Monday, June 20, 2016. DOHA ... It also confirmed that Qatar will for the first time introduce a value-added tax in 2018, in the form of a five percent levy on certain goods that was agreed by Gulf Cooperation Council finance ministers this month ... It added that risks included “delays or cost overruns (or both) in the delivery of key infrastructure reforms.” ... ....

Al Yusr Islamic sharia supervisory board holds second meeting

Edit Topix 20 Jun 2016
Al Yusr SSB also agreed to develop the standalone diminishing Musharakah product for multipurpose finance in response to market requirements. - Supplied picture Al Yusr SSB also agreed to develop the standalone diminishing Musharakah product for multipurpose finance in response to market requirements ... ....

Edwards vetoes 3 bills from regular legislative session

Edit San Francisco Chronicle 20 Jun 2016
(AP) — Gov. John Bel Edwards has vetoed three bills governing construction financing, state worker pay raises and corrections facilities. A new construction budget and companion financing bill are being considered in the special legislative session ... ....

Germany’s ECB ‘Brexiteers’ Face Final Ruling on OMT Challenge

Edit Bloomberg 20 Jun 2016
"The Brexit movement and the plaintiffs in this case have similar motives, no question about it," said Christoph Schalast, law professor at the Frankfurt School of Finance ... Markus Kerber, a lawyer teaching finance in Berlin and a plaintiff in many cases over European issues, said in February that the ECB “is like a financial dictator."....

'Risk-free' is now a guaranteed way to lose money

Edit Business Insider 20 Jun 2016
"Time value of money" is a building block of finance ... Sign up here to receive the Truewealth Asian Investment Daily, a free daily e-letter that will help you make better investment decisions, through independent and actionable insight on investing, finance and economics, in Asia and the world ... investing, finance and economics, in Asia and the world....

Union hits out over 'minimised' penalties on 'basket-case' rail franchise

Edit Belfast Telegraph 20 Jun 2016
Share Go To ... Southern has been cancelling trains for weeks, blaming high levels of staff sickness and an unwillingness to do overtime. The RMT said parliamentary answers showed the level of fines, which it added were less than the £3.4 million paid to just two GTR bosses for just one year - chief executive officer David Brown (£2.16 million) and recently resigned finance director Keith Down (£1.26m) ... Rail Minister Claire Perry said ... ....

GFNZ to revert to Geneva Finance

Edit Scoop 20 Jun 2016
June 20 (BusinessDesk) - GFNZ Group plans to revert to its old name of Geneva Finance and carry out a seven-for-one consolidation to boost its share price ... ....

RISING EMPLOYMENT, HIGHER WAGES AND LOW INTEREST RATES BOOST PURCHASING POWER OF CONSUMERS - FINANCE MINISTRY

Edit CNBC 20 Jun 2016
RISING EMPLOYMENT, HIGHER WAGES AND LOW INTEREST RATES BOOST PURCHASING POWER OF CONSUMERS- FINANCE MINISTRY ... ....

German economy had good start to second-quarter, upswing to continue - finance ministry

Edit Reuters 20 Jun 2016
BERLIN (Reuters) - The German economy had a good start to the second quarter and its upswing is likely to continue albeit at a slower pace than in the first three months of the year, the Finance Ministry said on Monday. ....

Government to celebrate Yoga Day with various programmes tomorrow

Edit The Himalayan 20 Jun 2016
According to Spokesperson for the Ministry of Education Dr Hari Lamsal, participants of the programme will perform yoga in the presence of Prime Minister KP Sharma Oli. Lamsal said education minister is the coordinator and tourism minister is the joint-coordinator of the programme ... ....

Liberals right to match oversight with new counter-terror tools

Edit Toronto Sun 20 Jun 2016
Public Safety Minister Ralph Goodale believes that process is to be found in a new first-of-its-kind-in-Canada national security oversight committee of parliamentarians ... First, this committee will not report to Parliament directly but will, instead, report to the prime minister, giving current or future PMs the power of censorship....
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