Businesses and recruitment agencies should review labour supply arrangements with umbrella companies, and increase due diligence controls and contractual safeguards when engaging with umbrellas, before new rules combatting tax non-compliance are introduced, a tax expert has said.
6 dead as dozens of Rohingya refugees ‘stranded’ on Indonesia beach by traffickers
The Incident underscores the ongoing crisis faced by the Rohingya, who are fleeing persecution in Myanmar.
South China Sea: how does Philippines’ coastguard measure up against others?
Malaysia, Indonesia and Vietnam have boosted their naval and coastguard assets as tensions in the disputed waters continue to simmer.
UK Budget: carried interest tax rate increased to 32% with further increases expected from 2026
The tax rate for carried interest will increase from 28% to 32% from April 2025 pending full reform of the regime, Rachel Reeves, the chancellor of the exchequer, announced during today’s Budget.
A week after apology, Malaysian ex-PM Najib fails to end 5-year trial over 1MDB scandal
Court orders former leader to enter a defence over allegations that he took more than US$500 million in bribes linked to state fund 1MDB.
Facebook parent Meta attacks Malaysia’s social media licensing plan
A Meta official on Wednesday called the timeline to apply for a licence ‘exceptionally accelerated’, saying the plan lacked clarity.
Energy infrastructure consent process in Scotland to be reformed
Reforms designed to streamline the process for developers to obtain consent for major new energy infrastructure projects in Scotland have been opened to consultation.
Mother’s car ploughs through school fence in Australia, killing 1
The 40-year-old mother was making a U-turn when she crashed through a fence and into an outdoor table where five children were seated.
Is Indonesia’s ‘big brother’ role in South China Sea dispute a model for the Philippines?
Analysts at a forum urged Manila to strengthen ties with Jakarta to leverage Indonesia’s regional leadership and economic power against China’s claims.
What Irish investment funds might expect from macroprudential regulations
A review of regulations governing liquidity management and leverage is likely to be considered by the Central Bank of Ireland (Central Bank) as it proceeds with plans for the development of a macroprudential framework for the investment funds sector.