tannet malaysia

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What is the TPP and why have it?: * The founding members of the Pacific Rim group are – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. * The far-reaching deal is designed to boost their wealth by doing away with barriers to the free flows of […]

KUALA LUMPUR: The higher levy imposed on foreign workers could possibly cut plantation companies’ 2016 earnings by between 1% and 8%, as historically planters have absorbed the levy costs.   CIMB Research views the Government’s move to raise the foreign workers’ levy rate for plantation sector to RM1,500 as negative but it is partially offset […]

KUALA LUMPUR: The International Trade and Industry (MITI) and its agencies must ensure that the implementation of development programmes and new incentives to be announced in are undertaken immediately.   Its Minister Datuk Seri Mustapa Mohamed said the government should always be sensitive and must play a key role as a business partner to the […]

Malaysian employees will be contributing 3% less for their Employees Provident Fund (EPF) every month this year, Prime Minister Datuk Seri Najib Razak announced today when unveilling the revised Budget 2016.   He said the reduced contributions, starting in March, would boost spending by an estimated RM8 billion annually. However, employers would still have to pay […]

Malaysian workers want to keep their Employees Provident Fund (EPF) contribution rate intact at 11% despite the option to reduce it by 3% for two years, a move Putrajaya announced this week under its recalibrated budget for 2016.      Those interviewed said they were more concerned with having enough money for their retirement compared […]

Big companies better start setting aside more money for taxes.   The European Union is cracking down on corporate tax avoidance, closing legal loopholes that allow companies to minimize taxes. "The days are numbered for companies that avoid tax at expense of others," said Pierre Moscovici, the top EU official responsible for tax. Countries will […]

KUALA LUMPUR: Exporters of automotive parts, clothing and apparel, furniture and plastic parts stand to benefit from the European Union’s latest tariff deregulation review. The International Trade and Industry Ministry said the EU had decided to review its autonomous tariff suspensions and quotas with effect from Jan 1, 2016. The EU raised the number of […]

SHANGHAI – Shanghai aims to vigorously attract foreign investment to intelligent manufacturing in the following five years.   According to a plan released by the Shanghai municipal commerce commission, foreign investors will be encouraged to put their money into industries such as robotics, high-grade NC machine tools, 3D printing, intelligent control systems and NC integrated […]

When it comes to branding, there’s no easy recipe for success. Branding is an imperfect science that boils down to constant change — based on where you are, where you want to be and, most importantly, what the market is doing.   For example, just look at Nike. The athletic apparel giant has been able […]

Myanmar Trademark Renewal can be renewed for subsequent three year periods, but a request for renewal must be filed within six months before the current term expires. The Myanmar trademark is registered for 3 years, from the filing date. Its term can be renewed for subsequent three year periods, but a request for renewal must […]