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Search Result for “value-added tax”

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WORLD

Chinese executive named suspect in Indonesian radiation case

Bloomberg News, Published on 04/12/2025

» JAKARTA — Indonesian police have named a Chinese director of a metal smelting company as a suspect in a caesium-137 contamination case that ultimately led to radioactive shrimp and sneakers being exported as far as the United States.

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WORLD

Macron seeks Xi’s support on Ukraine, calls for China investment

Bloomberg News, Published on 04/12/2025

» BEIJING — French President Emmanuel Macron sought Chinese leader Xi Jinping’s help in ending the war in Ukraine and urged Beijing to boost investment in France, as both sides look to rebalance their economic ties.

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BUSINESS

Intel pledges $208 million Malaysia chip investment

Bloomberg News, Published on 02/12/2025

» KUALA LUMPUR — Intel Corp will invest an additional 860 million ringgit (US$208 million) to make Malaysia its assembly and testing operations centre, according to Prime Minister Anwar Ibrahim, giving a boost to the Southeast Asian nation’s critical role in the global semiconductor supply chain.

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BUSINESS

Malaysia’s data centre hub tightens approvals on water worries

Bloomberg News, Published on 26/11/2025

» KUALA LUMPUR — Johor, the Malaysian state emerging as a regional data centre hub, is raising the bar for new projects as authorities seek to curb the heavy water use that’s straining local supplies.

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BUSINESS

AI boom is turning Malaysia’s palm oil estates into data centres

Bloomberg News, Published on 19/11/2025

» KUALA LUMPUR — Malaysia’s palm oil giants, long-blamed for razing rainforests, fuelling toxic haze and driving orangutans to the brink of extinction, are recasting themselves as unlikely champions in a different, potentially greener race: the quest to lure the world’s artificial intelligence (AI) data centres to the Southeast Asian country.

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WORLD

Vietnam police probe Berlin-based editor over ‘anti-state’ acts

Bloomberg News, Published on 18/11/2025

» HANOI — Vietnam’s police have launched a criminal investigation into a Berlin-based Vietnamese journalist and website editor for alleged anti-state activities.

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WORLD

Alleged scam leader’s Singapore aide seeks access to seized cash

Bloomberg News, Published on 13/11/2025

» SINGAPORE — The Singapore family office of alleged scam kingpin Chen Zhi and three companies linked to him are seeking access to funds that were frozen by the city-state’s authorities last month.

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BUSINESS

Gold reclaims $4,000/oz level as dollar slips, US shutdown woes persist

Bloomberg News, Published on 06/11/2025

» BENGALURU — Gold rose above the key US$4,000 per ounce level on Thursday, supported by a retreat in the dollar, while a prolonged government shutdown in the United States raised worries over the economic outlook.

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BUSINESS

Malaysia defends US trade deal as concerns grow over sovereignty

Bloomberg News, Published on 04/11/2025

» KUALA LUMPUR — Malaysia said its sovereignty remains protected and it is not bound by sanctions imposed by the United States, as Prime Minister Anwar Ibrahim faces criticism for a trade deal with the superpower.

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BUSINESS

Trump offers little relief for Asean, economics says

Bloomberg News, Published on 29/10/2025

» WASHINGTON — US President Donald Trump’s latest trade deals with members of the Association of Southeast Asian Nations (Asean) risks seeing them receive less than Washington gets in return, according to Bloomberg Economics.