Turkey applies for BRICS membership
ANKARA – In a move that has sent ripples through international alliances, Turkey has officially applied for membership in the BRICS group, signaling a potential shift in global economic partnerships. This application by a key NATO member underscores a growing … Continue reading Turkey applies for BRICS membership
Philippines: Chinese ship rams patrol boat
MANILA – In the early hours of August 31, a serious incident occurred in the South China Sea when the Chinese Coast Guard vessel 5205 collided with the Philippine Coast Guard’s BRP Teresa Magbanua. This incident, which took place near … Continue reading Philippines: Chinese ship rams patrol boat
Malaysia Welcomes Sultan Ibrahim as New Monarch
KUALA LUMPUR – In a grand ceremony steeped in tradition, Sultan Ibrahim, the esteemed ruler of Johor, ascended to the Malaysian throne on September 28, marking a new chapter in the nation’s unique rotational monarchy system. The opulent event, which … Continue reading Malaysia Welcomes Sultan Ibrahim as New Monarch
IBM: The Exodus of Multinationals from China
BEIJING – In recent years, a significant shift has been observed as multinational corporations begin to withdraw their operations from China. This exodus is not a sudden impulse but a strategic response to the complex tapestry of geopolitical tensions, economic … Continue reading IBM: The Exodus of Multinationals from China
Indonesia’s VAT Increase: Challenges and Opportunities
JAKARTA – As Indonesia gears up for a significant shift in its tax landscape with the Value Added Tax (VAT) rate set to rise from 11% to 12% in January 2025, businesses are bracing for the impact this change will … Continue reading Indonesia’s VAT Increase: Challenges and Opportunities