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Indonesian Parliament passes law to chase tax evaders overseas

Bloomberg Indonesia moved a step closer to hunting down tens of billions of dollars it believes its citizens have hidden abroad after passing a law that will give tax officials access to financial data held by other countries. The parliament on Wednesday approved a law in lieu of a presidential decree, fulfilling a requirement to participate under the Organisation for ...

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Banking sector salaries may jump in Brexit relocations

Bloomberg Banks planning to shift parts of their operations from London to other European cities because of Brexit will have to increase salaries because of a skills shortage, according to the head of a recruitment company. Robert Walters, founder and chief executive officer of the eponymous company, said any banks hoping to move work to European cities such as Frankfurt ...

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Cell C is said to sell $464 million of bonds amid reorganisation

Bloomberg Cell C Pty Ltd. plans to raise as much as $464 million from the sale of two bonds as part of the South African mobile-phone company’s recapitalisation that will enable Blue Label Telecoms Ltd. to buy a stake, according to two people familiar with the matter. The country’s third-largest wireless carrier will sell $184 million of three-year senior secured ...

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