This week’s UK Budget included a number of NHS-focused boosts such as a £22.6 billion increase in the healthcare services’ day-to-day spending, but failed to address the issue of looking after vulnerable people, an expert has said.
UK Budget: role for private finance in infrastructure delivery remains unclear
The precise model that the UK government will use to catalyse private investment in infrastructure projects has still to be clarified, despite confirmation of the role for private finance in improving UK infrastructure arising from the Budget announcement, an expert has said.
UK Budget: no change for corporate taxes but employers’ NICs increased to 15%
The main rate of employers’ National Insurance contributions will increase from 13.8% to 15% from April 2025, the UK’s chancellor of the exchequer has announced.
Sinking of old Malaysian navy vessel raises questions on defence underfunding
Malaysia has less clout to deal with disputes with other nations due to its failure to modernise its naval fleet, an analyst says.
At least 8 dead in fire at cooking oil factory near Jakarta
Indonesian authorities are investigating the cause of the fire at an industrial complex in Bekasi.
UK Budget: new rules to combat umbrella company tax avoidance ‘should prompt due diligence’
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.
