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Small cars to get cheaper in Vietnam after luxury tax cut

2016-04-08 11:01:19| Auto Dealers - Topix.net

Sales of small cars are expected to increase sharply when a lower luxury tax rate comes into effect this July, local media reported, citing industry insiders. They expected the prices of cars with engines smaller than 1.5 liters will drop by US$500-1,000 each when new tax amendments takes effect, cutting luxury tax for small cars from 45 percent to 40 percent, news website Saigon Times Online reported.

Tags: small cars tax cut

 

Oil Search CEO suffers $US1m pay cut

2016-04-08 08:18:01| Energy - Topix.net

Oil Search boss Peter Botten's annual pay packet has slimmed by about $US1 million as the company swung to an annual loss in 2015 amid plunging oil prices. The managing director of the operator of the massive Papua New Guinea LNG project received remuneration worth $US4.69 million in 2015, down from $US5.7 million in 2014, the company's annual report shows.

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Oil Search CEO suffers $US1m pay cut

2016-04-08 04:16:43| Oil & Gas - Topix.net

Oil Search boss Peter Botten's annual pay packet has slimmed by about $US1 million as the company swung to an annual loss in 2015 amid plunging oil prices. The managing director of the operator of the massive Papua New Guinea LNG project received remuneration worth $US4.69 million in 2015, down from $US5.7 million in 2014, the company's annual report shows.

Tags: search pay cut oil

 

Should you ever ask for a pay cut?

2016-04-07 19:08:35| BBC News | Business | UK Edition

Does it ever make sense to ask for a pay cut?

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VIDEO: Head of Co-operative requests pay cut

2016-04-07 16:32:16| BBC News | Business | UK Edition

The head of the Co-operative Group has asked for a 40% cut to his base salary because the job has become easier.

Tags: video pay head cut

 

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