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Business 25 Jun 2019 | 6:32 AM Premium

Guan Eng: 10% special penalty rate ending June 30

CYBERJAYA: The Finance Minister has reminded taxpayers who have any previously undeclared income to take advantage of the special reduced penalty rate of 10% before it ends on June 30.

Business 23 Apr 2019 | 6:09 AM Premium

China's Belt and Road getting reboot to clean up its image

BEIJING: Chinese President Xi Jinping’s grand Belt and Road Initiative is getting a makeover to tone down government rhetoric and tighten oversight, after allegations of corruption and a lack of sustainability dogged some of its highest-profile projects.

Taxation 25 Mar 2019 | 12:00 AM Premium

March 31 deadline looms for SVDP

PETALING JAYA: The first deadline of March 31, is coming up for the government’s Special Voluntary Disclosure Programme (SVDP), the tax programme where volunteers come forward to declare previously undeclared or under declared income, at a reduced penalty rate.

Banking 21 Feb 2019 | 12:00 AM Premium

BNP Paribas hires managers as it mulls Indonesia push

SINGAPORE: BNP Paribas SA is hiring relationship managers in Asia and considering a push into more of the region’s onshore private banking markets, according to the firm’s head of wealth management for Asia Pacific.

Banking 20 Feb 2019 | 8:47 AM Premium

BNP Paribas hires for Asia wealth as it mulls Indonesia push

SINGAPORE: BNP Paribas SA is hiring relationship managers in Asia and considering a push into more of the region’s onshore private banking markets, according to the firm’s head of wealth management for Asia Pacific.

Taxation 16 Feb 2019 | 12:00 AM Premium

Second-guessing the taxman is bad

There is a distinct difference between tax evasion and tax avoidance. Tax evasion is a crime, while tax avoidance is legally right as long as it is in accordance with the law.

Business 13 Feb 2019 | 12:00 AM Premium

Gucci sales up 28% in Q4 2018

PARIS: Kering’s Gucci label continued to outpace competitors in the fourth quarter, giving another signal that Chinese appetite for luxury goods remains healthy.