Taxes
July 18, 2017 was the day Mahathir Mohamad urged, even persuaded, then-PM Najib Razak to attend a forum so that both leaders could have a debate. Scheduled to be held on August 13 that same year in Shah Alam, Mr. Mahathir said – “It is a good chance for him to explain things and clear […]
... written on May 26 2019Don’t underestimate the power of Trump’s tweets. The U.S. president has shown how the world superpower can destroy the world, or global stock markets to be precise, without launching nuclear missiles. His 102-word tweets erased close to US$2 trillion of the equity markets worldwide after indicating he will hike duties on US$200 billion worth of […]
... written on May 12 2019Stock markets across the world were flabbergasted by President Donald Trump’s tweets on Sunday. Known as the most powerful man on the planet, largely due to the U.S. military power, the post of the U.S. president has brought a new meaning under Trump administration. The U.S. president could easily bring down global stock markets from […]
... written on May 10 2019In the first week of Najib Razak’s trial, his team of legal eagles tried to paint a picture that their client, former prime minister as well as finance minister, was the “victim” in money laundering and criminal breach of trust (CBT) of over RM42 million belonging to former 1Malaysia Development Berhad (1MDB) subsidiary SRC International […]
... written on Apr 30 2019Four out of six largest American banks have released their first-quarter financial results over the past week. And their results aren’t convincing. J.P. MOrgan and Wells Fargo reported quarterly profit and revenue that exceeded analysts’ expectations. However, Goldman Sachs and Citigroup missed analyst estimations. All eyes are now on Morgan Stanley and Bank of America. […]
... written on Apr 16 2019During Barisan Nasional (BN) government, only certain states and certain supermarkets banned plastic bags. Shoppers were charged RM0.20 for each plastic bag requested. After Pakatan Harapan (PH) government takes over, the entire nation is being targeted. Now, even wet markets, morning markets or night markets have started charging for plastic bags. What’s so wrong […]
... written on Apr 15 2019In May 2015, Mahathir Mohamad warned Tabung Haji to cancel its land purchase from 1MDB (1Malaysia Development Berhad). He disagreed that the Malaysia’s Pilgrims’ Fund was being used to bail out 1MDB – purchasing a small 1.56 acre of Tun Razak Exchange land for RM188.5 million, when an area as huge as 70 acres was […]
... written on Apr 09 2019The RM10 million he remitted through a money changer a decade ago was for the purchase of an apartment in London – claims former Negeri Sembilan Mentri Besar (Chief Minister) Mohamad Hasan. It appears his past has come back to haunt the Barisan Nasional candidate fighting for the Rantau by-election. Popularly known as “Tok […]
... written on Apr 08 2019Najib Razak, the former Prime Minister of Malaysia, is terribly upset today. And it’s not hard to understand why. Already slapped with record 42 charges of criminal breach of trust (CBT), money laundering and abuse of power, he is now being asked to settle a huge bill – RM1.5 billion in unpaid taxes – the […]
... written on Apr 02 2019Very little was known about Saudi Aramco, the world’s biggest oil producer. Now, as the organization that produces about 10% of the world’s crude raises cash from the international financial market through bond sales, its financial secrets have slowly emerged. As part of a global roadshow, Aramco is now forced to reveal secrets closely guarded since […]
... written on Apr 02 2019
