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Daily Archives: November 10, 2014

POSSIBLE INCREASE IN EXCISE TAX

Possible Increase in Excise Tax Starting January 1st tobacco and alcohol excise tax will increase. Growth of the excise tax will raise the state budget revenue by 40 million laris. The imposed tax will raise the cost of both locally produced and imported filtered cigarettes by 15 tetri. The price …

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Honda CEO says to prioritize quality over sales target

Honda Motor Co’s CEO  said he would prioritize quality improvements over the company’s target of selling 6 million cars in the year starting April 2016, as the automaker recalls millions of cars to fix potentially defective air bags. Concerns about potentially defective air bags made by Takata Corp have led to …

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