Malaysia – In the face of growing inflation, Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob has said that he has no plans to hold a general election anytime soon, despite reports that elections might be scheduled by the end of the year. In an interview published today in Nikkei Asia, he said that increasing food prices and other living …

Malaysia – Malaysia’s Budget 2022, which amounts to approximately RM332.1 billion, is vulnerable to too many possible risks, according to Datuk Seri Najib Razak. He claims that the government would be compelled to borrow even more money to finance its high spending plans at a time when income estimates remain low. The Pekan MP criticized the present predicament on decisions …

The Goods and Services Tax (GST), one of the biggest reforms, if not the largest, by Indian Prime Minister Narendra Modi, has run into trouble at the back of the coronavirus pandemic and a contracting economy. The GST, which cut a network of taxes at the federal and state levels, was a huge political victory for Mr. Modi, who pulled …