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Collection of consumption-based tax lower after SST reimposition - MoF

Collection of consumption-based tax lower after SST reimposition - MoF

The Ministry of Finance states that the average annual SST collection was 51.6% lower than GST due to the smaller scope of the SST.
Wed Jul 10 2024
Palestinian public sector salaries squeezed as Israel withholds tax revenue

Palestinian public sector salaries squeezed as Israel withholds tax revenue

Only part of public sector salaries would be paid this week, keeping up a squeeze on payrolls that lasted for months, the authority said.
Mon May 13 2024
Starbucks reports record revenue in Q1 fiscal 2024

Starbucks reports record revenue in Q1 fiscal 2024

US coffee chain operator Starbucks reported record consolidated net revenues of US$9.4 billion in its 13-week fiscal first quarter 2024.
Wed Jan 31 2024
Pahang collects RM911 mil in revenues as of September - Wan Rosdy

Pahang collects RM911 mil in revenues as of September - Wan Rosdy

Datuk Seri Wan Rosdy Wan Ismail said the state govt has successfully reduced its debt from RM3.3 bln previously to approximately RM930 million.
Thu Sep 21 2023
YouTube cuts off Russell Brand's ad revenues after sexual assault allegations

YouTube cuts off Russell Brand's ad revenues after sexual assault allegations

YouTube said it had suspended monetisation on Russell Brand's channel after he violated its creator responsibility policy.
Tue Sep 19 2023
[COLUMNIST] Treat vape like cigarettes

[COLUMNIST] Treat vape like cigarettes

The government may be 'gambling' for a shorter-term gain in tax-based revenues.
Mon May 22 2023
Thai Police uncover syndicate smuggling hundreds of thousands of litres of fuel from Malaysia

Thai Police uncover syndicate smuggling hundreds of thousands of litres of fuel from Malaysia

Thai police said the country lost more than 100 million baht per year in tax revenues due to fuel smuggling.
Fri Apr 21 2023
Soccer: FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups

Soccer: FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups

The Club Benefits Programme affords clubs a share of national team competition revenues in return for releasing players
Tue Mar 28 2023
Putin bans Russian oil exports to countries that implement price cap

Putin bans Russian oil exports to countries that implement price cap

Some analysts have said that the cap will have little immediate impact on the oil revenues that Moscow is currently earning.
Wed Dec 28 2022
Revenues from FIFA World Cup Qatar 2022 to reach US$17 billion

Revenues from FIFA World Cup Qatar 2022 to reach US$17 billion

Profits from the World Cup in Qatar are expected to reach around US$17 billion, FIFA World Cup Qatar 2022 CEO Nasser Al Khater said.
Fri Sep 30 2022
Thailand saw 3.78 million tourists from Jan to mid-Aug - Govt

Thailand saw 3.78 million tourists from Jan to mid-Aug - Govt

The arrivals, mainly from Malaysia, India and Singapore, generated revenues of 176 billion baht ($4.93 billion), a spokesperson said.
Fri Aug 19 2022
Azerbaijan consolidates its role in the sphere of international transportation and communications

Azerbaijan consolidates its role in the sphere of international transportation and communications

The main strategy of Azerbaijan is diversification. By isolating itself from regional integration, Armenia remains excluded from major economic developments and financial revenues.
Fri Apr 29 2022
Indonesia mulls media bill seeking fairer share from big tech

Indonesia mulls media bill seeking fairer share from big tech

The aim was to ensure fairer revenues for outlets that produce core news and "good journalism".
Tue Nov 23 2021
MOF undertaking study to widen revenue base including reinstating GST

MOF undertaking study to widen revenue base including reinstating GST

The country currently collects only 17 per cent of gross domestic product in tax revenues which is quite low relative to high-income nations.
Tue Mar 16 2021
With all eyes on COVID-19 vaccine, rest of AstraZeneca sees profits rising

With all eyes on COVID-19 vaccine, rest of AstraZeneca sees profits rising

AstraZeneca said it expected 2021 revenues to rise by a low teens percentage and core earnings of $4.75 to $5.00 per share.
Thu Feb 11 2021
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024