tannet malaysia

About tannet malaysia

The federal territory of Labuan is a group of tropical islands off the coast of Sabah and was established as Labuan International Business and Financial Centre (Labuan IBFC) to attract international financial activities.  Right from the start, the Malaysian Government had taken pains to avoid the label 'tax haven' for Labuan, and had been vigilant […]

Virtual office is basically shared office services, which includes business address, mail and courier services, phone services, fax services, answering services and meeting & conference facilities.   A Hong Kong Virtual Office is ideal for: 1. Having a requirement to hold meetings in the city but no requirement for a full time office 2. People […]

An offshore bank account is an account with a bank located out of the country of residence. More specifically, it refers to bank accounts open at overseas where away from the applicant's principal country. Tannet offers a full range of offshore banking services, bank accounts with internet banking, credit or debit card facilities which guarantee […]

PETALING JAYA: A combination of yuan appreciation, crude oil prices coming off their lows and shrinking likelihood of US interest rate hike this year contributed to the rise of the ringgit as one of the best performing Asian currencies.       With foreign capital returning to emerging Asian markets in search of higher yields, […]

KUALA LUMPUR: The halal economy — encompassing everything from banking and finance to food and beauty products — is on the rise. Halal refers to what is permitted or lawful in Islam, and it is used in reference to food and lifestyle products which include clothing, pharmaceutical items as well as cosmetics and personal care. […]

KUALA LUMPUR: The Malaysia External Trade Development Corporation (MATRADE) aims to use Nigeria and Ghana as a platform to promote Malaysian products in the West African region. MATRADE Trade Commissioner to West Africa Saifuddin Khalid said the West African region had started opening up their economies, resulting in increasing demand for foreign products.   “We […]

JAKARTA: Malaysia and Indonesia have protested France’s plan to impose progressive tax on palm-based products that enter the country to up to 900 euros (RM4,125) per tonne.   Plantation Industries and Commodities Minister Datuk Seri Douglas Uggah Embas said France’s unreasonable tax that would be implemented from next year clearly intended to kill the palm […]

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 […]