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Thailand considering tougher IT tax rules
Reuters, Published on 26/09/2016
» The Finance Ministry is studying plans to toughen tax collection rules for internet and technology firms like Alphabet Inc's Google, the head of the Revenue Department told Reuters, as these companies' tax affairs come under greater scrutiny in Southeast Asia.
Goldman Sachs may cut 30% of Asia jobs
Reuters, Published on 26/09/2016
» LONDON - Goldman Sachs is cutting almost 30% of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters.
China plans $52.5bn state-enterprise restructuring fund
Reuters, Published on 26/09/2016
» BEIJING - China has launched a 350-billion-yuan ($52.5-billion) restructuring fund as the government pushes 'supply-side' reforms that have included mergers of inefficient state enterprises and laying off workers in struggling sectors such as coal and steel.