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Business 23 Jan 2012 | 12:00 AM

Simplifying tax laws a pipe dream?

THE relevant cliche here is Einstein’s famous line, “The hardest thing in the world to understand is the income tax.” It’s a cliche because it’s true. Consider that every major country in the modern era has set out to reform and make simple its tax laws. None has succeeded.

Business 30 Nov 2013 | 12:00 AM

Five new property players

FITTERS Diversified Bhd started as a fire-fighting equipment and services company. But in 2008 it set its eyes on the property market. Major shareholder and managing director Datuk Richard Wong tells StarBizWeek that “the company had a clear intention of diversification to seize viable opportunities to enhance the sustainability of business” in 2008. Two business areas were identified for this: property and renewable energy.

Business 11 Dec 2013 | 8:42 AM

Japan household helper plan shows wider immigration dilemma

TOKYO: During the early days of "Abenomics," U.S. businesses were optimistic they could convince Japan's government to make a small change to the nation's tight immigration rules to let more household helpers into the country.

Business 19 Dec 2013 | 12:00 AM

Bagging a good reputation

LUGGAGE IS essentially made to be functional and practical — nothing more, nothing less.

Business 13 Feb 2014 | 12:00 AM

Entrepreneur finds success with F&B business in Bangkok

MANY OF the tourist and locals that wander through the doors of the famous Mrs Balbir’s Restaurant in Bangkok do not know that it is run by a Malaysian.

Business 20 Jun 2014 | 8:43 AM

BlackBerry results top forecasts, fueling recovery hopes

WATERLOO Ontario/TORONTO: BlackBerry Ltd posted a narrower-than-expected quarterly loss on Thursday as the troubled smartphone maker's turnaround efforts started to pay off, raising hope that its chief executive can deliver on a pledge to return the company to steady profits.

Business 07 Jun 2014 | 12:00 AM

New gateway to Qatar

QATAR Airways recently announced the official commencement of flight operations from Hamad Interna-tional Airport as of the end of last month.

Business 16 Jun 2014 | 12:00 AM

Malaysia chosen as currency company's regional hub

The newly-launched KLIA2 will take its place among the world’s best airports with the opening of two of Travelex Malaysia’s first airport Bureau De Change (BDC) at its premises recently.

Business 26 Sep 2014 | 6:39 AM

Apple asks new phones users to reinstall iOS 8 after update glitches

NEW YORK: Apple Inc withdrew a faulty update to its latest operating system after some users of its new phones complained of call service disruptions, the latest in a series of glitches to mar the first week of iPhone 6 and 6 Plus sales.

Business 20 Sep 2014 | 12:00 AM

Iris set to secure GST refund job from Govt

IRIS Corp Bhd is on the verge of announcing a concession-based job to manage the Government’s system of goods and services tax (GST) refunds for foreign travellers to Malaysia.