SIME Bank Bhd posted a 10 per cent rise in gross interest income to RM1.37 billion for the six months to December 31 1997, compared to RM1.24 billion recorded the 11 months ended December 31 1996.
22.
The parent company of United Airlines also said it will redeem its 6 3 / 8 percent convertible subordinated debentures, a move that will reduce the company's gross interest expense by $ 38 million a year.
23.
The 17 percent tax, the same as the minimum rate on personal income, will be imposed monthly on all gross interest and net rental income of all pension, provident and other retirement funds beginning March 1, 1996, Liebenberg said.
24.
SIME Bank Bhd posted a 10 per cent rise in gross interest income to RM1 . 37 billion for the six months to December 31 1997, compared to RM1 . 24 billion recorded the 11 months ended December 31 1996.
25.
Indeed, gross interest payments ( around $ 370 billion a year ) are the federal government's greatest expenditure, topping Social Security ( about $ 350 billion ), defense ( about $ 270 billion ) and Medicare ( about $ 200 billion ).
