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Collection of consumption-based tax lower after SST reimposition - MoF

Collection of consumption-based tax lower after SST reimposition - MoF

The Ministry of Finance states that the average annual SST collection was 51.6% lower than GST due to the smaller scope of the SST.
Wed Jul 10 2024
Palestinian public sector salaries squeezed as Israel withholds tax revenue

Palestinian public sector salaries squeezed as Israel withholds tax revenue

Only part of public sector salaries would be paid this week, keeping up a squeeze on payrolls that lasted for months, the authority said.
Mon May 13 2024
Starbucks reports record revenue in Q1 fiscal 2024

Starbucks reports record revenue in Q1 fiscal 2024

US coffee chain operator Starbucks reported record consolidated net revenues of US$9.4 billion in its 13-week fiscal first quarter 2024.
Wed Jan 31 2024
Pahang collects RM911 mil in revenues as of September - Wan Rosdy

Pahang collects RM911 mil in revenues as of September - Wan Rosdy

Datuk Seri Wan Rosdy Wan Ismail said the state govt has successfully reduced its debt from RM3.3 bln previously to approximately RM930 million.
Thu Sep 21 2023
YouTube cuts off Russell Brand's ad revenues after sexual assault allegations

YouTube cuts off Russell Brand's ad revenues after sexual assault allegations

YouTube said it had suspended monetisation on Russell Brand's channel after he violated its creator responsibility policy.
Tue Sep 19 2023
[COLUMNIST] Treat vape like cigarettes

[COLUMNIST] Treat vape like cigarettes

The government may be 'gambling' for a shorter-term gain in tax-based revenues.
Mon May 22 2023
Thai Police uncover syndicate smuggling hundreds of thousands of litres of fuel from Malaysia

Thai Police uncover syndicate smuggling hundreds of thousands of litres of fuel from Malaysia

Thai police said the country lost more than 100 million baht per year in tax revenues due to fuel smuggling.
Fri Apr 21 2023
Soccer: FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups

Soccer: FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups

The Club Benefits Programme affords clubs a share of national team competition revenues in return for releasing players
Tue Mar 28 2023
Putin bans Russian oil exports to countries that implement price cap

Putin bans Russian oil exports to countries that implement price cap

Some analysts have said that the cap will have little immediate impact on the oil revenues that Moscow is currently earning.
Wed Dec 28 2022
Revenues from FIFA World Cup Qatar 2022 to reach US$17 billion

Revenues from FIFA World Cup Qatar 2022 to reach US$17 billion

Profits from the World Cup in Qatar are expected to reach around US$17 billion, FIFA World Cup Qatar 2022 CEO Nasser Al Khater said.
Fri Sep 30 2022
Thailand saw 3.78 million tourists from Jan to mid-Aug - Govt

Thailand saw 3.78 million tourists from Jan to mid-Aug - Govt

The arrivals, mainly from Malaysia, India and Singapore, generated revenues of 176 billion baht ($4.93 billion), a spokesperson said.
Fri Aug 19 2022
Leaders Speakeasy: Leading The Adoption of Web 3.0 and Metaverse In Marketing

Leaders Speakeasy: Leading The Adoption of Web 3.0 and Metaverse In Marketing

Global Metaverse revenues could reach US$800 billion by 2024. How are marketing leaders driving change in adopting Web 3.0 and Metaverse for innovation and future growth? Catch Leaders Speakeasy with Luqman and Rozina this Friday with Dheeraj Raina, Council Member of the Malaysian Media Specialists Association and Organising Chairperson of the MSA Awards 2022.
Fri Jun 10 2022
Azerbaijan consolidates its role in the sphere of international transportation and communications

Azerbaijan consolidates its role in the sphere of international transportation and communications

The main strategy of Azerbaijan is diversification. By isolating itself from regional integration, Armenia remains excluded from major economic developments and financial revenues.
Fri Apr 29 2022
Indonesia mulls media bill seeking fairer share from big tech

Indonesia mulls media bill seeking fairer share from big tech

The aim was to ensure fairer revenues for outlets that produce core news and "good journalism".
Tue Nov 23 2021
MOF undertaking study to widen revenue base including reinstating GST

MOF undertaking study to widen revenue base including reinstating GST

The country currently collects only 17 per cent of gross domestic product in tax revenues which is quite low relative to high-income nations.
Tue Mar 16 2021