Herbalife wins court battle against the Comptroller of GST over S.2 million in ‘revenue leakage’

SINGAPORE: Nutrition product company Herbalife International Singapore has won a court battle against the Comptroller of Goods and Services Tax (GST) in a dispute over about S$2.2 million of taxes. Lawyers from the Inland Revenue Authority of Singapore (IRAS) argued that Herbalife’s business structure results in revenue leakage, and thatContinue Reading

Philippine drivers stage strike over plan to phase out jeepneys, ageing public transport vehicles

MANILA: Philippine transport groups launched a nationwide strike on Monday (Mar 6) to protest a government programme drivers fear would phase out traditional jeepneys, which have become a cultural icon, and other ageing public transport vehicles. Officials, however, braced with contingencies, including the deployment of government vehicles to take strandedContinue Reading