As 2024 comes to a close and the time to file your income tax returns comes around again, what reliefs can you claim to reduce the amount of tax you end up having to pay? Thanneermalai Somasundaram, Managing Director of Thannees Tax Consulting Service, shares some tips and reminders with us.



Image Credit: Shutterstock.com 

As 2024 comes to a close and the time to file your income tax returns comes around again, what reliefs can you claim to reduce the amount of tax you end up having to pay? Thanneermalai Somasundaram, Managing Director of Thannees Tax Consulting Service, shares some tips and reminders&nbsp;with&nbsp;us.Image Credit: Shutterstock.com

If you only have time for one news feature before starting your day, make it Top Story. We highlight important issues or trends that could shape national policy and business decisions. From political developments to the latest economic data, we merge breaking news with expert insights so you begin the day more informed.

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Tax Filing Season Again: Some Tips

A recent paper by Khazanah Research Institute (KRI) suggests that the traditional understanding of income classification, i.e. B40-M40-T20 inadequately reflects Malaysian society, and that the middle-class is more represented by the very top income groups. How should these findings inform social welfare policy plans? We discuss this with Gregory Ho of KRI.



Image Credit: Shutterstock.com

A recent paper by Khazanah Research Institute (KRI) suggests that the traditional understanding of income classification, i.e. B40-M40-T20 inadequately reflects Malaysian society, and that the middle-class is more represented by the very top income groups. How should these findings inform social welfare policy plans? We discuss this with Gregory Ho of KRI.Image Credit: Shutterstock.com

Malaysia's Missing Middle Class

With the price of dining out continues to rise in Malaysia, reflecting an uncertain outlook for the food and beverage sector, especially as the cost of living continues to increase. With rising costs of labour, raw materials, and rent, Patrick Sim, Deputy Chief of the Food & Beverage Division at the Malaysia Retail Chain Association (MRCA) shares his insights on how the F&B sector will perform in 2025.



Image Credit: Shutterstock.com 

With the price of dining out continues to rise in Malaysia, reflecting an uncertain outlook for the food and beverage sector, especially as the cost of living continues to increase. With rising costs of labour, raw materials, and rent, Patrick Sim, Deputy Chief of the Food &amp; Beverage Division at the Malaysia Retail Chain Association (MRCA) shares his insights on how the F&amp;B sector will&nbsp;perform&nbsp;in&nbsp;2025.Image Credit: Shutterstock.com

Resilient Outlook For F&B Sector 

Malaysia has seen the volume of foreign tourist arrivals increase from the year prior, with some 24 million visitors during January to November period. However this is lower than what the government initially targeted for 2024, which is 27 million tourist arrivals. How is the travel and tourism industry starting 2025 - are players feeling optimistic or pessimistic? We do a channel check with Nigel Wong, President of the Malaysian Travel and Tourism Association or MATTA.


Image Credit: Shutterstock.com 

Malaysia has seen the volume of foreign tourist arrivals increase from the year prior, with some 24 million visitors during January to November period. However this is lower than what the government initially targeted for 2024, which is 27 million tourist arrivals. How is the travel and tourism industry starting 2025 - are players feeling optimistic or pessimistic? We do a channel check with Nigel Wong, President of the Malaysian Travel and Tourism Association or MATTA. Image Credit: Shutterstock.com

Tax Filing Season Again: Some Tips

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