Taxes
Until the diesel subsidy was scrapped beginning June 10, the country had to spend RM14.5 billion annually on the subsidy. Minister of Finance II Amir Hamzah Azizan said diesel subsidies cost Malaysia RM1 billion a month, while losses from leakages or smuggling amount to a staggering RM4.5 million every day. The cut would save the […]
... written on Jun 15 2024UiTM boasts that it is the largest public university, with 35 campuses throughout all 13 states in Malaysia. Claiming that it offers world class education at the most affordable tuition fees, the university is ranked #555 in the QS World University Rankings 2024. That was an impressive jump of 102 spots. In comparison, University Malaya […]
... written on May 26 2024Malaysia is in financial deep shit, but most of its 33 million populations especially the largest ethnic group – Malay – doesn’t realize it. The fact that 80% of the Malay voters chose Perikatan Nasional, a coalition comprising Malay nationalist Bersatu and PAS Islamist parties that subscribe to radicalization and extremism, speaks volumes about the […]
... written on Feb 14 2024Get ready for more whining, moaning and bitching from former Prime Minister Mahathir Mohamad. The Malaysia’s longest serving premier, once the most powerful man, is set to go ballistic again after another son – Mokhzani – has been summoned by the MACC (Malaysian Anti-Corruption Commission). After Mirzan and Mokhzani, his two other children namely Mukhriz […]
... written on Jan 26 2024As fast-food industry continues to see a surge in child labour violations across the United States, such as McDonald’s and Chick-fil-A, the poor become poorer while the rich become incredibly richer. The latest Oxfam report says the planet’s five wealthiest persons have seen their fortune more than doubled to US$869 billion since 2020 while five […]
... written on Jan 15 2024Entering 2024, Russia’s position in the global oil markets remains largely unchanged despite Western financial and economic sanctions. Even the price cap of US$60 a barrel on Russian oil – desperately introduced by U.S. Treasury Secretary Janet Yellen – has little effect on the Kremlin. That’s because oil demand did not change. The only changes are […]
... written on Dec 30 2023More than 10 million people have applied for the eMadani program – RM100 free money. The one-off e-wallet credit had attracted so many applicants that when the redemption process began on December 4, the system immediately crashed due to high traffic. For example, Petronas Setel and Maybank MAE, which were chosen for the e-wallet initiative […]
... written on Dec 10 2023After an accident, it’s likely your vehicle will need repairs. While those will cost you, the hidden costs of car accidents are far greater than most people imagine. That’s why legal experts urge car accident victims not to take the first settlement they’re offered. Most of the time, those settlement checks do not cover all […]
... written on Oct 14 2023Are you looking to borrow money for either personal or business use? If so, you are certainly not alone. Every day, people worldwide seek out different types of loans to finance purchases or meet short-term needs – from that big purchase they’ve wanted to a start-up’s urgent exemption for capital funds, loans can provide the […]
... written on Sep 19 2023Are you a novice investor looking to take control of your financial future by navigating the world of self-directed IRAs? Exceptional returns are achieved slowly, but with the proper knowledge and understanding, even first-time investors can start their journey toward successful investing. In this article, we’ll explore all there is to know about diving […]
... written on Aug 31 2023
