Taxes
Crude oil hit more than US$130 a barrel after Russia launched its so-called special military operation in Ukraine. But crude oil was not the only commodity which skyrockets after the invasion. Sunflower oil, the world’s third most traded vegetable oil after palm and soybean oil, also hit the roof. Worse, Ukraine and Russia accounts for […]
... written on May 14 2022When Prime Minister Ismail Sabri and Works Minister Fadillah Yusof proudly announced there will be no more toll hikes for four highways in the Klang Valley, you know the next 15th General Election is around the corner. But the announcement on Monday (April 4) is not only long overdue, but was actually a proposal first […]
... written on Apr 05 2022Who will become Malaysia’s next prime minister after the 15th General Election, which does not need to be held till middle of 2023, but is being vigorously pushed by the top leadership of the United Malays National Organization (UMNO)? The political party has just concluded its general assembly, but the competition for the top post […]
... written on Mar 22 2022While Australia, the United States’ “deputy sheriff” in the Asia-Pacific region, has chosen to remain hostile with China, it’s a different story with its neighbour, New Zealand. The Kiwi has just officially upgraded its 2008 free-trade agreement (FTA) with China that will give exports greater access to the Chinese market. New Zealand was the first […]
... written on Feb 15 2022About 2 years since a trade deal between the United States and China – called “Phase One” – went into effect on 14 February 2020, the deal appears to be nothing but a promise meant to be broken. From the start, the deal was doomed to fail simply because it lacks sincerity, not to mention […]
... written on Feb 10 2022While the Federal Reserve is expected to signal that a rate hike will happen as soon as March – with more tightening policies to fight inflation – the stock market volatility will likely continue. In fact, the stocks sell-off is not over yet, judging by other factors on the table like the geopolitical tensions in […]
... written on Jan 26 2022When saving for your retirement, you might want to consider opening an individual retirement account (IRA). Compared with, say, 401k pension plans (read more), retirement savings accounts for employees, IRA will also let you invest, but with more extensive options for investment vehicles ranging from individual stocks to a long list of mutual funds (and […]
... written on Jan 11 2022We had warned back in 2020 the consequences of dipping into KWSP / EPF retirement funds during the Covid-19 pandemic. Its contributors should reject any proposal to use their own retirement funds – prematurely. However, as many as 7 million members had chosen to withdraw their own savings from various schemes introduced by the backdoor […]
... written on Jan 05 2022E-commerce has taken wealth creation to the next new level. Gone was the old expectation from parents that their children would want to become a doctor, a lawyer or an engineer. Likewise, teachers would probably get a shock today when students said they would like to become a YouTuber or an Influencer, jobs that never […]
... written on Dec 22 2021XAG (formerly known as XAircraft), a Guangzhou-based manufacturer of agricultural drones, is sending robots and drones to rice, wheat and cotton fields to do something unimaginable by aging farmers – automating seeding, pesticide spraying and weather monitoring. Last month, it launched V40 and P40 Agricultural Drone that can conduct mapping, spraying, and broadcast on the […]
... written on Dec 15 2021
