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Trump and Musk target tax enforcers, rocket scientists, bank regulators for job cuts

Trump and Musk target tax enforcers, rocket scientists, bank regulators for job cuts

Concerns grow over transparency, oversight, and Musk's influence on government operations.
Wed Feb 19 2025
Over 24,000 taxpayers in Malaysia have used e-invoicing system

Over 24,000 taxpayers in Malaysia have used e-invoicing system

Deputy Finance Minister Lim Hui Ying said more than 11,600 Phase 2 taxpayers have used the system.
Tue Feb 18 2025
IRB introducing new Monthly Tax Deduction system, e-PCB

IRB introducing new Monthly Tax Deduction system, e-PCB

IRB says the existing PCB system will only be opened for display purposes to enable employers to review previous PCB information or records.
Wed Jan 08 2025
ASEAN should unite regarding GMT implementation - Liew

ASEAN should unite regarding GMT implementation - Liew

Liew Chin Tong urges ASEAN member states not to enter into a race to the bottom in terms of wages, tax cuts, or tax holidays.
Wed Jan 08 2025
Hanoi declared world's most polluted city, authorities seek action

Hanoi declared world's most polluted city, authorities seek action

So far Hanoi has a target for at least 50% of buses and 100% of taxis to be EVs by 2030.
Sat Jan 04 2025
2025 Tax Return Form filing programme available as reference for taxpayers - IRB

2025 Tax Return Form filing programme available as reference for taxpayers - IRB

The Tax Return Form (BN) filing programme for the Year of Assessment 2025 is available as a reference and guide for taxpayers submitting their BN forms this year, according to the Inland Revenue Board
Thu Jan 02 2025
Indonesia starts implementing 12% VAT on luxury goods, services

Indonesia starts implementing 12% VAT on luxury goods, services

The goods subject to the 12 per cent VAT included private jets, cruise ships, yachts, luxurious houses, and other items classified as luxury goods.
Wed Jan 01 2025
Trump says he wants retribution. Some critics fear he will use the IRS to get it.

Trump says he wants retribution. Some critics fear he will use the IRS to get it.

Critics of Donald Trump, including ex-officials, are securing their tax records, fearing investigations if he returns to the White House.
Sun Dec 22 2024
Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

Bangladesh's interim govt accuses energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits.
Fri Dec 20 2024
High Court frees Rosmah of 17 money laundering and tax evasion charges

High Court frees Rosmah of 17 money laundering and tax evasion charges

The application is based on the grounds that the charges are defective and failed to disclose essential elements of the alleged offences.
Thu Dec 19 2024
242 drinks reformulated to reduce sugar under healthier choice logo initiative

242 drinks reformulated to reduce sugar under healthier choice logo initiative

Producers of sugary drinks have reformulated their products to lower sugar levels in order to avoid paying the tax, says Dr Dzulkefly Ahmad.
Mon Dec 16 2024
Govt has no plans to introduce new taxes in the near future - Finance Ministry

Govt has no plans to introduce new taxes in the near future - Finance Ministry

According to the Finance Ministry, the government's present focus is on increasing compliance and improving the existing tax system.
Thu Dec 05 2024
How Italy's tax system got rigged for the rich

How Italy's tax system got rigged for the rich

Italy's tax system is skewed in a way that lets society's wealthiest 7% pay proportionately less tax than low and middle-income earners.
Mon Dec 02 2024
Cabbie, two passengers met fiery end as NGV taxi catches fire in Merlimau crash

Cabbie, two passengers met fiery end as NGV taxi catches fire in Merlimau crash

The fire was believed to have ignited from a leak in the natural gas vehicle (NGV) tank installed in the taxi, according to police.
Thu Nov 28 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
Sweden's top court rejects Greta Thunberg lawsuit on climate action

Sweden's top court rejects Greta Thunberg lawsuit on climate action

A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025