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Day: September 26, 2024

Bacolod property owner cleared in tax evasion raps

Manila: The Court of Tax Appeals (CTA) has acquitted the owner of two properties in Bacolod City which yielded unregistered cigarettes and cigarette manufacturing equipment during 2017 raid. The tax court decision dated Sept. 23 cleared Alman Gayatin, the registered owner of Alter Trade and Villa Socorro in Bacolod, which was leased by Chinese individuals led by a certain Jimmy Chua to put out cigarettes illegally. Among the items seized from the premises were a cigarette maker machine, 783 cases each containing 50 reams of 10 packs of cigarette, 26 cases of loose cigarette finished products, and 2.5 million pieces

Govt Firm In Implementing Diesel Subsidy Rationalisation Despite Criticisms – PM Anwar

KUALA LUMPUR, The government needs to take practical measures, including targeting diesel subsidies despite receiving criticism, said Prime Minister Datuk Seri Anwar Ibrahim. He said the targeting of diesel subsidies has successfully increased investor confidence, stock market stability and strengthened the implementation of the country’s Fiscal Responsibility Act. “This step has had a positive impact on the market, after we targeted the diesel subsidy, the price of diesel dropped by 40 sen. This gives confidence to investors and shows our commitment to stronger economic reforms,” ??he said at the Ilmuan Malaysia Madani Forum here on Wednesday. Anwar explained that the

Malaysia More Selective In Choosing Foreign Investment For Country’s Greater Benefit – PM Anwar

KUALA LUMPUR, Malaysia is now more selective in choosing foreign direct investments, with a focus on projects that would greatly benefit the country, especially in the field of artificial intelligence (AI) and data technology, said Prime Minister Datuk Seri Anwar Ibrahim. He said the opening of a data centre that used to depend on cheap energy and water to move and cool the operating systems, is now no longer sufficient. “Now, if you want to (establish) a data centre, you must have AI,’ he said, referring to projects like Nvidia in Johor, ‘which is an example of how technology needs

JAIS To Investigate 612 Individuals Linked To GISBH With Police Cooperation – Selangor Exco

SHAH ALAM, The Selangor Islamic Religious Department (JAIS) has received full cooperation from the police (PDRM) to investigate 612 individuals linked to GISB Holdings Sdn Bhd (GISBH). State Islamic Affairs and Cultural Innovation Committee chairman Dr. Mohammad Fahmi Ngah, said the investigations are conducted under the Selangor Syariah Criminal Enactment 1995. He said this update was provided by JAIS director Datuk Mohd Shahzihan Ahmad during a briefing regarding actions taken against GISBH, as directed by the Sultan of Selangor, Sultan Sharafuddin Idris Shah. Following the launch of Ops Global by PDRM on Sept 11, JAIS formed a special committee led

Istana Budaya Uses Green Technology In Line With Global Aspiration Towards Environment

KUALA LUMPUR, Istana Budaya has taken the initiative to use green technology to minimise the impact on nature and reduce environmental pollution in line with the global aspiration to achieve zero carbon emissions by 2050. Its director-general, Zubaidah Mukhtar said one of the initial steps taken was to change its existing lights to energy-efficient LED lights last month (August). She said it is also carrying out a study to change the mechanical system which is expected to reduce its electricity bill which is high especially when holding a stage performance. “Istana Budaya, which has been around for 25 years, is