Hoteliermagazine.com NEWS
Opus Hotels Sells Unique Staff Shoe to Public
Tuesday, 27 April 2010 09:25
VANCOUVER — Opus Hotels has partnered with Montreal-based Fluevog Shoes to create the unique Opus Hotels Porter Shoes now being worn exclusively by valets and male guest-service agents in its Vancouver and Montreal hotels.
The shoes are also featured on the hotels’ mini bar menus for sale to guests and will be available in all 10 North American Fluevog retail stores.
Described as “echoing the Opus brand’s reputation for personality, flair, individuality and for always being on the cutting edge of cool,” the two-tone shoes boast colours of pink and black.
Vancouver-born John Fluevog describes his product as “shoes to vie for, shoes to die for” on his website, and as “a favourite among fashion-conscious hipsters everywhere.”
Labeling China a currency manipulator would hurt US more
Labeling China a currency manipulator would hurt US more
(chinadaily.com.cn)
Updated: 2010-04-06 16:47
As the number of manufacturing and goods-producing jobs lost in America over the past decade grows, many in Washington and on Main Street are clamoring for a trade and currency war with China. However, Michael Pento, columnist for Forbes.com. argues that "the answer for the US can't be found in simply forcing the Chinese to appreciate their currency, or by devaluing the US dollar". Labeling China a currency manipulator would hurt the US more.
Read more....Click link
(chinadaily.com.cn)
Updated: 2010-04-06 16:47
As the number of manufacturing and goods-producing jobs lost in America over the past decade grows, many in Washington and on Main Street are clamoring for a trade and currency war with China. However, Michael Pento, columnist for Forbes.com. argues that "the answer for the US can't be found in simply forcing the Chinese to appreciate their currency, or by devaluing the US dollar". Labeling China a currency manipulator would hurt the US more.
Read more....Click link
Stronger yuan no gift for US firms
Stronger yuan no gift for US firms
(chinadaily.com.cn)
Updated: 2010-04-22 17:19
Economists have gradually reached a consensus that the yuan's appreciation would neither rescue the American manufacturing sector nor destroy the Chinese one, said an article published in the Wall Street Journal on April 19.
According to the article, in theory, a stronger Chinese currency would make Chinese exports less attractive to American buyers, and make US exports more competitive, but "how it plays out in practice could be less straightforward."
Read more...click link.
(chinadaily.com.cn)
Updated: 2010-04-22 17:19
Economists have gradually reached a consensus that the yuan's appreciation would neither rescue the American manufacturing sector nor destroy the Chinese one, said an article published in the Wall Street Journal on April 19.
According to the article, in theory, a stronger Chinese currency would make Chinese exports less attractive to American buyers, and make US exports more competitive, but "how it plays out in practice could be less straightforward."
Read more...click link.
US firms still keen on China
US firms still keen on China
By Lan Lan (China Daily)
Updated: 2010-04-27 10:37
BEIJING - China remains a highly desirable destination for investment and a major global priority for US companies despite some concerns, the American Chamber of Commerce said in a report published on Monday.
Read more....click the link
By Lan Lan (China Daily)
Updated: 2010-04-27 10:37
BEIJING - China remains a highly desirable destination for investment and a major global priority for US companies despite some concerns, the American Chamber of Commerce said in a report published on Monday.
Read more....click the link
Nova Scotia to boost HST
Nova Scotia to boost HST
HALIFAX—Starting this summer, dinner out at the province’s restaurants are going to cost more.
The ruling NDP, in their 2010 budget, have raised the Harmonized Sales Tax back to a Canada-wide high of 15 per cent, a two per cent increase, which takes effect July 1.
Finance Minister Graham Steele said the extra two per cent is expected to generate an additional $215 million in 2010 revenue.
“Through these targeted and strategic measures, we will make life more affordable for Nova Scotian families, while still maintaining the government’s focus on getting back to balance and living with its means,” Steele said, in a media statement.
Nova Scotia currently runs a deficit nearing $500 million, but that is predicted to drop to $222 million in 2010-2011. Its debt load will hit $14 billion this year.
Changes to taxation rates will reduce corporate income tax rates for small business from five per cent to 4.5 per cent on the first $400,000 of taxable income, starting on Jan. 1, 2011.
Diapers, children’s clothing and footwear and feminine hygiene products are exempt from the 10 per cent provincial sales tax, but the federal Goods and Services Tax still applies. The government said the exemption would save residents $8 million in 2010-2011.
Conservative finance critic Allan MacMaster said imposing taxes on Nova Scotians makes the province less competitive in the long run.
“Tax increases do not stimulate the economy, rather they put less disposable income in the hands of Nova Scotians and they negatively impact the competitive edge we have in Atlantic Canada,” MacMaster said, in a statement.
HALIFAX—Starting this summer, dinner out at the province’s restaurants are going to cost more.
The ruling NDP, in their 2010 budget, have raised the Harmonized Sales Tax back to a Canada-wide high of 15 per cent, a two per cent increase, which takes effect July 1.
Finance Minister Graham Steele said the extra two per cent is expected to generate an additional $215 million in 2010 revenue.
“Through these targeted and strategic measures, we will make life more affordable for Nova Scotian families, while still maintaining the government’s focus on getting back to balance and living with its means,” Steele said, in a media statement.
Nova Scotia currently runs a deficit nearing $500 million, but that is predicted to drop to $222 million in 2010-2011. Its debt load will hit $14 billion this year.
Changes to taxation rates will reduce corporate income tax rates for small business from five per cent to 4.5 per cent on the first $400,000 of taxable income, starting on Jan. 1, 2011.
Diapers, children’s clothing and footwear and feminine hygiene products are exempt from the 10 per cent provincial sales tax, but the federal Goods and Services Tax still applies. The government said the exemption would save residents $8 million in 2010-2011.
Conservative finance critic Allan MacMaster said imposing taxes on Nova Scotians makes the province less competitive in the long run.
“Tax increases do not stimulate the economy, rather they put less disposable income in the hands of Nova Scotians and they negatively impact the competitive edge we have in Atlantic Canada,” MacMaster said, in a statement.
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