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Major Asian Investment Firms Caught By Fraud

Two of Asia’s biggest investment firms have found themselves swindled by eFishery, an Indonesian “unicorn” supposedly providing technology and data to improve the operations of fish and shrimp farmers
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A National Embarrassment!

The Malaysian Institute of Economic Research (MIER) is a national embarrassment
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Multiculturalism, Human Rights And The West

: The laws of the Torah, which became known to the world as Moses' Ten Commandments, founded the West's moral and ethical precepts on which its laws and judicial concepts such as justice and mercy are based
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Washington’s Unstoppable Superweapon

As geopolitical tensions escalate, the U.S. wields its most formidable weapon—not military might, but a sophisticated network of political and informational control that reshapes nations and regions to serve its interests
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Investigate CrowdStrike Outage: Compensation Issues Must Be Addressed

KUALA LUMPUR, Malaysia: The recent global IT outage, reportedly caused by a single antivirus update by antivirus firm CrowdStrike for Microsoft’s Windows OS, has wreaked havoc on businesses, governments, and the public worldwide, with losses estimated in the billions.
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Childhood Immunization Levels Stalled In 2023

NEW YORK, US: New data published by UN agencies shows that immunization coverage for children worldwide stalled during 2023, leaving around 2.7 million lacking the protection they need compared to the pre-COVID-19 levels of 2019.
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Tanking Think Tank

KUALA LUMPUR, Malaysia: Since the 14th General Election (GE14), Malaysia has witnessed a whirlwind of transformative changes, with the nation eagerly anticipating the fulfillment of Pakatan Harapan’s ambitious election promises.
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Indonesian President In Damage Control Over New Capital

JAKARTA, Indonesia: Indonesia's president is rushing to reassure investors and bureaucrats about his $32 billion new capital city in a malaria-prone pocket of Borneo, after the resignations of two officials overseeing the plan raised fresh doubts about its future.
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Malaysia Takes Positive Steps Towards Trade Diversification, Palm Oil Certification

KUALA LUMPUR, Malaysia: The Center for Market Education (CME) welcomes the new government approach to international trade, stressing that it will be beneficial for the country in general and the currency in particular. According to CME, it is peculiarly important the reopening of the discussion with the European Union about a Malaysia-EU FTA, as announced by Prime Minister Anwar Ibrahim in March. In 2023, the Euro-area alone represented 7 percent of Malaysia’s international trade, standing at 7 percent both as export market destination and as import source.
 
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Malaysia’s Retirement Savings Crisis Exposes Deeper Problems

KUALA LUMPUR, Malaysia: The Asian financial crisis of 1997 revealed critical flaws in the country’s social safety net. But the lesson was seemingly forgotten until the recent Covid pandemic once again exposed the nation’s vulnerabilities.
 

 

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Without Special Scheme For Micro-Businesses, E-invoicing May Backfire

KUALA LUMPUR, Malaysia: On 22 May 2023, the Inland Revenue Board of Malaysia (LHDN) announced that an electronic invoicing (e-invoicing) system will be implemented in stages starting from 2024. LHDN shared that a pilot implementation with selected companies will begin in April 2024, followed by mandatory implementation based on company’s annual revenue. The new scheme will target firms with revenues above RM 100 million per year from 1 August 2024, to be extended to firms with annual revenues above RM 25 million from 1 January 2025. Finally, from 1 August 2025 all firms will be subject to compulsory e-invoicing.
 
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