Tag: government policy
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Audit Suspension and Beyond: Clarity for Philippine Taxpayers This Christmas
Introduction: A Seasonal Pause with High Hopes The Christmas season often brings reflection, generosity, and a fresh slate. For taxpayers in the Philippines, a recent pause in field audits announced by the Bureau of Internal Revenue (BIR) offers a similar opportunity: time to reassess procedures, demand greater transparency, and advocate for a tax system that…
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ICU Urges Govt to Tackle SOE Challenges and Boost Youth Jobs
ICU presses for urgent action on state-owned enterprises The Industrial and Commercial Workers’ Union (ICU) has urged the government to address the persistent challenges facing key State-Owned Enterprises (SOEs) and to back initiatives that will expand job opportunities for young people. In its latest statement, the ICU emphasizes that a robust and reform-minded approach to…
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ICU Urges Government to Tackle SOE Challenges and Create Youth Jobs
ICU Calls for decisive government action on SOEs The Industrial and Commercial Workers’ Union (ICU) has urged the government to step in and address the persistent challenges facing key State-Owned Enterprises (SOEs). The union argues that stabilizing these pivotal institutions is essential not only for the health of the national economy but also for safeguarding…
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Scale Mining Royalties to Capture Price Gains: How the 2025 Regulations Reshape Resource Rewards
New 2025 Regulations Aim to Capture Price Gains Across Key Minerals The government has introduced the Minerals and Mining Royalty Regulations, 2025, a regulatory framework designed to scale mining royalties in response to price movements for gold, lithium, and other essential minerals. The new instrument formalizes variable royalty bands that adjust as global and domestic…
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Kuskop Initiative: Six-Month Interest-Free Loan Moratorium and RM600 Million MSME Financing Boost
Introduction: Targeted relief for flood-affected MSMEs In a move designed to cushion Malaysia’s small and medium enterprises from post-disaster financial strain, Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong announced a six-month, interest-free loan moratorium for flood-affected businesses. The policy, paired with a substantial RM600 million boost in financing for micro, small, and medium…
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Court Rejects Entrépo Finance’s Urgent Bid Over Government Payroll Deductions System
Overview: A setback for Entrépo Finance A court has rejected an urgent bid from microfinance lender Entrépo Finance. The company sought a court order compelling the minister of finance, Ericah Shafudah, to explain under oath how the government intends to implement a fully functional payroll deductions management system. The ruling marks a significant hurdle for…
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UK to ban resale of tickets for profit: major shake-up in secondary market
Introduction: A landmark shift in UK ticketing The British government has unveiled plans to ban the resale of tickets for profit for concerts, sports events, and other live experiences. The move targets the secondary ticketing market where enthusiasts have long complained about inflated prices and unfair access. Culture Secretary Lisa Nandy announced the reforms as…
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Britain’s Biggest Housebuilder Urges Government to Back First-Time Buyers
Context: A Cooling Market in a Shadow of the Budget The sale of new homes has cooled in Britain, a trend many industry leaders attribute to the looming budget and the broader economic climate. Jennie Daly, chief executive of one of the country’s largest housebuilders, says the sector needs targeted government support for first-time buyers…
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First-Time Buyers Call for Government Support to Revive UK Property Market
Industry pressure grows as UK property market cools The property market in Britain has cooled in the shadow of the forthcoming budget, prompting calls for targeted help for those trying to buy their first home. The boss of one of the country’s largest housebuilders has stepped forward with a clear message: the government should announce…
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UK asylum reforms: 20-year wait to settle permanently
Introduction: A seismic change in asylum policy The UK government is set to overhaul its asylum system, introducing a long-awaited change that would require people granted asylum to wait up to 20 years before they can apply for permanent settlement. Announced by the Home Secretary, the plan signals a broad shift in how refugees are…