Mon05212018

LAST_UPDATEMon, 21 May 2018 10am

May 21: Ringgit Extends Losses Against US Dollar

KUALA LUMPUR: The ringgit continued its losing streak to open lower against the US dollar this morning on lack of market demand.

Read more: May 21: Ringgit Extends Losses Against US Dollar

UK's Clean Car Goal 'Not Ambitious Enough'

The government’s ambition to clean up motor vehicles by 2040 is not ambitious enough a leading energy expert says.

Read more: UK's Clean Car Goal 'Not Ambitious Enough'

UK Turns Blind Eye To Dirty Russian Money, Say MPs

The UK has been accused of turning a "blind eye" to Russia's "dirty money", putting national security at risk.

Read more: UK Turns Blind Eye To Dirty Russian Money, Say MPs

German Companies Worry Trump Moving Toward 'America Alone'

Pic: Reuters

BERLIN: German companies are concerned that US President Donald Trump is increasingly thinking only of America rather than just putting his country first, the head of Germany's DIHK Chambers of Commerce told media.

Read more: German Companies Worry Trump Moving Toward 'America Alone'

Maintain Records Post-Abolition Of GST, Companies Told

KUALA LUMPUR: Companies should continue to maintain records post-abolition of Goods and Services Tax (GST), as tax audits can be expected upon deregistration, which may take place up to seven years from the time of supply, said Ernst & Young Advisory Services Sdn Bhd (E&Y).

Read more: Maintain Records Post-Abolition Of GST, Companies Told

Cambridge Analytica Starts Bankruptcy Proceedings In US

Cambridge Analytica has filed for bankruptcy in the US.

Read more: Cambridge Analytica Starts Bankruptcy Proceedings In US

Airbnb To Report Homeowners' Income To Danish Tax Authorities

Airbnb will automatically report homeowners' income to tax authorities in Denmark under a landmark move.

Read more: Airbnb To Report Homeowners' Income To Danish Tax Authorities

Bond Market Displayed Resilience Despite Cautious Sentiment Post-GE14

KUALA LUMPUR -- The Malaysian bond market was largely resilient in the week following the unexpected outcome of the 14th General Election (GE14).

Read more: Bond Market Displayed Resilience Despite Cautious Sentiment Post-GE14

Proton Offers Cash Rebate Option

KUALA LUMPUR – In response to the government’s move to zero-rate the Goods and Services Tax (GST) starting June 1, 2018, Proton Holdings Bhd is offering its customers service vouchers and cash rebates equivalent in value to the difference between pre- and post- GST prices of its cars.

Read more: Proton Offers Cash Rebate Option

MQA Urged To Review Tourism Management Courses

PETALING JAYA – The Malaysian Qualifications Agency (MQA) is being urged to review the tourism management courses offered at local higher education institutions to ensure the modules are up to date and able to produce highly-employable graduates who can become specialists in their field.  

Read more: MQA Urged To Review Tourism Management Courses