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SP downgrades Japan's debt rating

TOKYO: Japan#8217;s sovereign credit rating was downgraded to i>AA- /i>by Standard and Poor#8217;s, the same level as China, on concern that Prime Minister Naoto Kan hasn#8217;t done enough to curb the world#8217;s largest debt load.

Increased patrols during festive season

LABUAN: The Royal Malaysian Customs will intensify patrol operations in Sabah and Sarawak waters, particularly on the eve of Christmas and New Year, to prevent smuggling activities.

Outdoor smoking ban plan angers some New Yorkers

NEW YORK (Reuters) - Finding a place to smoke could get even harder in New York City.

Outdoor smoking ban plan angers some New Yorkers

NEW YORK (Reuters) - Finding a place to smoke could get even harder in New York City.

Is tax amnesty on the cards in M'sia?

AS we await the 2011 budget to be announced by the Finance Minister in late October, the season for speculation is already upon us. The answer to the question posed could well be yes if we recognise that governments of all kinds have frequently turned to tax amnesties as part of their fiscal policies.

Why citizens should pay their taxes

Tax evasion should not be tolerated by society. Those who avoid paying taxes are actually living off the generosity of those who do.

Why citizens should pay their taxes

Tax evasion should not be tolerated by society. Those who avoid paying taxes are actually living off the generosity of those who do.

Raise revenue and cut expenditure

From TAN LIAT WEE, Malacca

INTERVIEW - Philippines' Aquino to raise revenue, cut spending

BANGKOK (Reuters) - Thai protesters refused on Tuesday to call off demonstrations that have paralysed Bangkok's commercial heart and stifled the economy, while the government said it had done all it could to reach a deal.

INTERVIEW - Philippines' Aquino to raise revenue, cut spending

TARLAC, Philippines (Reuters) - Senator Benigno Aquino, on course to win the Philippine presidential race, said on Tuesday he will work at cutting unnecessary spending in the national budget and increase perennially tax weak revenue.