China Financial Daily

January 28, 2011

Switzerland Davos ocurred small explosion, one Italy website claimed to be responsible for it

Filed under: Financial News — Tags: — sherry @ 9:35 am -0800

Switzerland Davos ocurred small explosion, one Italy website claimed to be responsible for it
According to the U.S. “New York Times” reported yesterday that the Swiss time Thursday morning, near the conference center of the Davos World Economic Forum,a small explosion occurred in a four-star hotel. Explosion caused the glass broken, but fortunately did not cause casualties.

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Zimbabwe central bank layoffs for 75% employees

Filed under: Financial News — Tags: — sherry @ 9:16 am -0800

Zimbabwe central bank layoffs for 75% employees
January 28 reported that, in order to cut costs, the central bank of Zimbabwe would lay off more than 3/4 of the employees, with a total of more than 1,400 people. This is the largest layoff, at least 1,455 were bank employees, that is, 75% of the total amount, so on January 28, the employees will leave their posts.

The compensation cost will reach $70 million. Zimbabwe central bank has undertaken a large number of quasi-fiscal items, and it is now ready to transfer to the core business.

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The import duty for one iPad will be reduced by 500 yuan

Filed under: Financial News — Tags: — sherry @ 9:06 am -0800

The import duty for one iPad will be reduced by 500 yuan
“Tax on goods entering the country tariff rate adjustment notice”, in which the computer, video camcorders and other information technology products and the rate of the camera to adjust from the original 20% to 10%. Notice of the Ministry of Finance website, “said the entry tax adjustment program item” has been approved by the State Council, 27 January 2011 onwards. One entry tax items adjusted tariff rates are two points: First, the computer, video, camcorder and camera and other information technology products tax from 20% to 10%; the second is the “camera” was renamed “television camera “The tax rate will remain unchanged.

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