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Taxes

7 New Taxes That Najib & UMNO Plan To Introduce After They Win The 15th General Election

Who 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 2022

Australia-China Ties Remain Hostile – But New Zealand Upgrades Trade Deal With China That Could Bring Record $50 Billion

While 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 2022

A Deal Doomed To Fail – China Playing Tai-Chi While The U.S. Losing Patience With “Phase-1” Trade Deal

About 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 2022

Stock Market Sell-Off Is Not Over Yet – And The IMF Downgrades Global Growth As Economies Of U.S. & China Slow

While 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 2022

5 Investment Options For IRA Plan

When 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 2022

Bad Policies Come Back To Haunt – Why Should We Dip Into Retirement Funds Every Time The Incompetent Govt Screws Up?

We 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 2022

China Super Salesgirl Who Can Sell Anything – Including Rocket Launch Service – Fined $210 Million For Tax Evasion

E-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 2021

China Is Leading The 4th Industrial Revolution Race – And The U.S. Would Be In Trouble If Doesn’t Catch Up

XAG (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

Interfering Non-Muslim Rights – Why PAS’ Alcohol & 4D Ban Will Do More Damage To The Country’s Economy

Do you know that the UAE (United Arab Emirates) is the third-richest country in the world, behind Qatar and Luxembourg? Contrary to popular belief that Saudi Arabia was the richest Gulf state in the Middle East, it’s actually Qatar and the UAE that is wealthier. While Saudi has tonnes of oil, Qatar is the world’s […]

... written on Nov 18 2021

Alcohol Ban & Unfair Budget 2022 Allocation – It’s Time Opposition Withdraws MOU Supporting The Racist Sabri Govt

Based on complaints from the Opposition, especially the Democratic Action Party (DAP), one of four components of the Pakatan Harapan coalition, it’s crystal clear that they have again been scammed and tricked by the cunning government of Ismail Sabri into signing the MOU (Memorandum of Understanding) to support the highly corrupt and racist regime. Told […]

... written on Nov 05 2021









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