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Let’s get more transparent
Although Malaysia has improved its Budget transparency score, much still needs to improve.
Transparency needed in refunding overpaid tax
PETALING JAYA: While business groups and experts welcome the government’s announcement of unreturned tax amounts, they feel the taxmen should increase efficiency and transparency in refunding taxpayers.
Taxes must not be too taxing
Raising rates continuously can have a backlash, with people looking for ways to avoid paying.
Banker suggests mid-year review
PETALING JAYA: A prominent banker suggested that the Government should review its budget at mid-point to further improve the degree of transparency and that it should be more prudent in its spending.
Malaysia improved in its budget oversight by A-G, says survey
KUALA LUMPUR: Malaysia has improved its budget oversight by the Auditor-General and budget transparency ratings but did badly in the budget oversight by legislature and public participation in the Global Open Budget Survey.
Malaysian Gnanathurai Nagarajah among 21 killed in Kabul
PETALING JAYA: An international economic advisory body confirmed Malaysian national Dr. V. Gnanathurai Nagarajah, 70, was one of its two advisers who were among the 21 people killed in Friday’s suicide assault at a popular restaurant in Kabul, Afghanistan.
World Bank says it will support reforms in Myanmar
WASHINGTON (AP): The World Bank said Thursday it is re-engaging with Myanmar to support reforms and is sending experts to analyze the country's economic infrastructure and banking and finance sector.
Myanmar shows little sign of economic miracle despite reforms
YANGON (Reuters) - Business is booming at the Golden Sea employment agency in downtown Yangon, but that doesn't mean Myanmar's long-stagnant economy is improving. Quite the opposite.
Erratic Indonesian parliament stirs anger, mockery
JAKARTA (Reuters) - For anyone interested in the state of democracy in Indonesia, a look at recent headlines is instructive: a lawmaker caught watching porn in parliament, 15 politicians indicted for graft and parties more interested in overseas jaunts than passing laws.
Malaysia's budget transparency: ‘Surprised and embarrassed'
Malaysia scored a dismal 35 out of 100 points in the Open Budget Index (OBI) 2008 and is ranked 53rd out of 85 countries, prompting Centre for Public Policy Studies chairman Tan Sri Dr Ramon Navaratnam to declare he was 'surpised and embarrassed.'
