In recent times, the global economy has endured far-reaching macroeconomic shocks ranging from pandemic-induced disruptions, severe climatic events, and geopolitical tensions to an active war with a crippling trickle-down effect in countries the world over. While the impact of these events has been debilitating enough to destabilize the most robust of economies, these have been […]Continue Reading
SINGAPORE – Malaysian Prime Minister Anwar Ibrahim has unveiled the largest budget in his nation’s history replete with measures aimed at lowering the cost of living through subsidies and direct cash payments, even as his three-month-old administration claims to be trying to narrow the fiscal deficit. The record 388.1 billion ringgit (US$87.5 billion) spending plan […]Continue Reading
Agrees reintroduction of GST not ideal now but urges govt to consider it for 2024
Disappointed National TVET Apprenticeship & National Automation Fund idea not adpted The revised Budget 2023, unveiled recently by Finance Minister Datuk Seri Anwar Ibrahim with the theme âMembangun Malaysia Madaniâ, is the Unity Governmentâs first budget which outlines its policies and priorities.Â
The…Continue Reading
Pheu Thai, the main opposition party, held a campaign rally in Chiang Rai on Saturday wooing voters with promises to bump up farmers’ income threefold if it is elected into power.Continue Reading
Besides the G7 nations, the G20 bloc also includes such countries as Australia, Brazil and Saudi Arabia. The delegates said the meeting was likely to end with a statement by the host summarising the discussions. “In the absence of a consensus, the option for India would be to issue aContinue Reading
Besides the G7 nations, the G20 bloc also includes such countries as Australia, Brazil and Saudi Arabia. A senior G20 source said negotiations over the communique were difficult, with Russia and China blocking proposals by Western countries. The source and several other officials said barring a last-minute surprise, a consensusContinue Reading
Mr Anwar, who is also the Tambun MP, has said that the 2023 budget will focus on the green and digital economies as well as on small and medium enterprises (SMEs). These sectors, he said, are critical in light of the current economic slowdown as a result of factors suchContinue Reading
SEOUL: A downturn in South Korea’s home prices is causing pain in the country’s unusual rent-free rental system that benefited landlords and tenants alike during a long surge in residential property prices. In the “jeonse” scheme, tenants put up a deposit typically worth as much as 70 per cent ofContinue Reading
Through a year of war in Ukraine, the US and most European nations have worked to help counter Russia, in supporting Ukraine both with armaments and in world energy markets. Russia was Europe’s main energy supplier when it invaded Ukraine, and President Vladimir Putin threatened to leave Europeans to freeze “like a wolf’s tail” – […]Continue Reading
A resignation letter purported to be from a Suphan Buri police sergeant has triggered a deluge of comments and queries after it was posted online.Continue Reading