Taxes
In March 2018, India raised the import tax on crude palm oil to 44% from 30% and hiked the tax on refined palm oil to 54% from 40%. The fourth increase in import tax in less than 6 months – the highest level in more than a decade – was to protect the country’s local […]
... written on Jul 19 2019For the 12-month period from April 2018 to March 2019, U.S. home purchases by foreign buyers dropped 36%. According to the National Association of Realtors (NAR), foreigners bought only 183,100 properties worth about US$77.9 billion, down from 266,800 valued at US$121 billion in the previous period. That’s a loss of US$43 billion worth of home […]
... written on Jul 18 2019Legend says that Chinese civilization is 5,000 years old. But some argued they were only 3,200 years old. Regardless, the fact remains that while the Chinese civilization survives thousands of years, the Roman Empire did not. Throughout the history, the empires and kingdoms of ancient China had gone through uncountable collapses and rises. So when […]
... written on Jul 16 2019It’s been 14 months since Pakatan Harapan (PH) took over. The jubilant and exuberant spirit has long gone. Nowadays when PH politicians speak, people start grumbling about promises not fulfilled. How are people to trust a government that doesn’t fulfill it’s manifesto’s promises? Do they think people are fools to be taken for a ride? […]
... written on Jul 14 2019Against the threat of retaliation – even trade war – from the United States, the French have decided to slap a new tax on American companies. On Thursday (July 11), France’s Senate approved “3% digital tax” on the revenues of multinational firms and tech giants like Facebook, Google and Amazon. Trump administration warned that such […]
... written on Jul 12 2019Najib Razak should be the last person on the planet to be upset with a special motion, approved on July 1, compelling all MPs (Member of Parliaments), senators, their spouses, their children aged 21 years old and below, and trustees to declare their assets. Does not he want to combat corruption and promote transparency, even […]
... written on Jul 04 2019Does Donald Trump want to kill Huawei or not? After all, it was him who whined, moaned and bitched back in May that the Chinese company was a threat to the U.S. national security. As a result, the Chinese telecom giant was put on a trade blacklist – banning U.S. businesses from selling parts and […]
... written on Jul 02 2019Just when Saudi Arabia, the Custodian of the Two Holy Mosques, had had enough of a little bullshit called “Shariah-compliant lies” invented by PAS Islamist party, the Parti Islam Se-Malaysia has revealed another exciting invention. According to PAS deputy president Tuan Ibrahim Tuan Man, Islam does not allow the declaration of wealth as this would […]
... written on Jul 02 2019If the United States’ economy is in bad shape due to its trade war with China, how come its stock market has been so bullish lately? The S&P 500 is about to pull off its best first half of a year in at least 10 years and the Dow Jones Industrial Average (DJIA) is enjoying its best June […]
... written on Jun 27 2019Java-immigrant Ahmad Zahid Hamidi misfortunes continue with no end in sight. It’s no wonder why the once powerful deputy prime minister was so eagerly getting back his seized passport to perform his “Umrah” in Saudi, despite the “mini Hajj” is non compulsory. He was so yearning that he fought to the Federal Court, the highest […]
... written on Jun 26 2019
