Malaysia’s new crisis
In a first, the recently concluded general elections in Malaysia – held on Saturday, November 19 – have produced a hung parliament. Malaysian authorities had called early elections to end…
Malays strike back as turmoil opens way for return of nationalists
“The power of the Malays has returned,” rejoiced street hawker Mohd Nor Afiq in Kuala Lumpur after a new prime minister was sworn in to replace 94-year-old Mahathir Mohamad. With…
Malaysia’s hopes of economic revival under Mahathir fade
A year ago, Malaysian land surveyor Muhammad Nur Aliff had high hopes that a shock election victory by 93-year-old Mahathir Mohamad could be the catalyst for reform and revival in…
Democratic triumph in Malaysia
On May 9, the Malaysian voters defeated a sitting government and the dominant ruling party in the 14th general elections held in the country. This election was dubbed the ‘mother…
North Korea spy agency runs arms operation out of Malaysia, UN says
It is in Kuala Lumpur's "Little India" neighbourhood, behind an unmarked door on the second floor of a rundown building, where a military equipment company called Glocom says it has…
The notorious parking lot
Section 68 is a general section of the Income Tax Ordinance, 2001 that deals with the subject of determination of the fair value of assets. Under this section, taxation officers…
