The pot of tax gold in Ireland: Microsoft avoided as much as $145 million in UK taxes through Irish subsidiaries!
Jun19

The pot of tax gold in Ireland: Microsoft avoided as much as $145 million in UK taxes through Irish subsidiaries!

Microsoft has reportedly avoided up to £100m a year in UK corporation tax by routing its sales through Ireland. The corporation has sent more than £8bn of revenues from computers and software bought by British customers to Ireland since 2011, as part of a deal with HM Revenue & Customs (HMRC), the Sunday Times reports. The arrangements, known as advance pricing agreements, agree on the allocation of profit between various...

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Drop it like its hot: Pentagon dropping bombs faster than bomb makers can keep up with production!
Apr12

Drop it like its hot: Pentagon dropping bombs faster than bomb makers can keep up with production!

As the United States entered into its 15th year of war, the Pentagon is finding it increasingly difficult to keep war stocks at acceptable levels – especially the smart bombs and missiles being used in the ongoing air campaign against the Islamic State. In addition, as reported by Defense One, defense contractor Lockheed Martin is expanding its munitions factories to meet the rising demand from the U.S. and its allies fighting ISIS,...

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Goldman banker, Leissner, who was involved in scandalous Malaysian 1MDB, quit after violating company rule
Mar08

Goldman banker, Leissner, who was involved in scandalous Malaysian 1MDB, quit after violating company rule

Goldman Sachs’ (GS.N) Southeast Asia chairman, Tim Leissner, resigned last month after he had allegedly violated the firm’s internal rules, a person familiar with the matter said on Tuesday, confirming a Wall Street Journal report. Leissner, who took over the role in mid-2014, had helped arrange the sale of U.S. dollar bonds for Malaysian state investor 1Malaysia Development Bhd (1MDB), currently at the center of judicial...

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As China slows down, the layoffs increases. Five to Six Millions of workers are out of jobs and the numbers are growing!
Mar01

As China slows down, the layoffs increases. Five to Six Millions of workers are out of jobs and the numbers are growing!

China may soon have a rust belt of its own.  From Chinese officials announced plans to lay off roughly 1.8 million workers in the coal and steel industries, as part of president Xi Jinping’s politically difficult effort to restructure the world’s second-largest economy. It’s unclear as to the time frame for the cuts, which were announced by Yin Weimin, China’s minister for human resources and social security. In recent decades, China...

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VVBridal in Bahau Town, Negeri Sembilan, Malaysia that shamelessly stole and plagiarized other bridal studio’s photographs finally apologizes, but damage done!
Feb01

VVBridal in Bahau Town, Negeri Sembilan, Malaysia that shamelessly stole and plagiarized other bridal studio’s photographs finally apologizes, but damage done!

A well known Kuala Lumpur based Wedding Photographer was horrified when he found out that his hardwork and amazing photographs he took for his customers in Santorini were blatantly plagiarized and the original couple has been replaced with another couple. The original couple outsourced the poster printing to another wedding studio in Bahau, Negeri Sembilan without realizing that their precious photographs would be maliciously used for...

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Body of a businessman found hanging at the Selangor Archway along Federal Highway in Malaysia!
Dec20

Body of a businessman found hanging at the Selangor Archway along Federal Highway in Malaysia!

The body of a businessman was found hanging from an arch at the Federal Highway, here, about 4.30am today. The victim, identified as K. Asok Kumar, 53, was found hanging at the Kota Darul Ehsan arch by a member of the public who contacted the police. Brickfields police chief Assistant Commissioner Sharul Othman Mansor said police’s initial investigation revealed that there was no foul play involved in the incident. “Police...

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Malaysian official government dinner serving “scissors” salad!
Nov25

Malaysian official government dinner serving “scissors” salad!

   For those who get it you probably don’t need further explanation. But for those who’s still trying to figure it out, the salad was supposed to be Ceasar Salad. As in the salad named after Julius Ceasar. Not Scissors as in the the utensil used to cut your piece of paper during arts and craft class. And you wonder why is Malaysia not achieving its vision 2020 of becoming a developed country. Get a grip and learn...

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The Trans-Pacific Partnership agreement reached, the real test awaits in Congress!
Oct06

The Trans-Pacific Partnership agreement reached, the real test awaits in Congress!

This time, the president probably will need more Democrats’ votes. Final concessions his team made in Atlanta angered the tobacco and brand-name pharmaceutical industries, which in turn could cost the president support among Republicans who were allies on the fast-track issue. Also, many conservatives oppose giving Mr. Obama any big accomplishment. And anti-trade talk from presidential candidates — the Republican front-runner, Donald...

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Burger King making its own “Whopper Wine”. Don’t expect flame broiled beef flavored wine though!
Sep26

Burger King making its own “Whopper Wine”. Don’t expect flame broiled beef flavored wine though!

The people over at Burger King Spain have introduced the first-ever “Whopper Wine,” a drink specifically crafted as an ode to the fast-food chain’s infamous burger. The wine has been flame-grilled using Burger King broilers and aged in wooden barrels, giving it a taste to perfectly compliment the Whopper, according to BK. Those looking to get their hands on the chain’s first-ever wine endeavor canwin a pack of 40 bottles in return for...

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iPhone 6 is out and read on to find out what the review says about the “new” phone from Apple!
Sep26

iPhone 6 is out and read on to find out what the review says about the “new” phone from Apple!

Today you will be able to purchase Apple’s iPhone 6S or 6S Plus — the eleventh and twelfth versions of Apple’s popular smartphone. ​Should you buy it? Or should you wait 12 months, when Apple inevitably unveils the iPhone 7? Thankfully, Apple lifted the review embargo a few days ago, releasing a deluge of opinion on analysis on the iPhone 6S and 6S plus. Here’s what tech journalism’s best and brightest have to...

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Ernst and Young removing degree classification from entry criteria, citing no evidence of university success correlating with career success!
Sep20

Ernst and Young removing degree classification from entry criteria, citing no evidence of university success correlating with career success!

Ernst & Young, one of the UK’s biggest graduate recruiters, has announced it will be removing the degree classification from its entry criteria, saying there is “no evidence” success at university correlates with achievement in later life. The accountancy firm is scrapping its policy of requiring a 2:1 and the equivalent of three B grades at A-level in order to open opportunities for talented individuals...

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Abu Dhabi’s Aabar sovereign wealth fund sacks Mohamed al Husseiny over possible connection with Najib’s scandalous 1MDB!
Aug19

Abu Dhabi’s Aabar sovereign wealth fund sacks Mohamed al Husseiny over possible connection with Najib’s scandalous 1MDB!

SECOND SACKING – Now Abu Dhabi Dumps Aabar’s CEO! 19 AUG 2015 A second head has rolled at the very top of Abu Dhabi’s Aabar sovereign wealth fund, giving yet another strong signal that there are major concerns in the Gulf state over being drawn into Malaysia’s escalating financial and political scandals. A low key announcement has been  released over the past few hours to confirm that the Mohamed al Husseiny, Chief...

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The Traders at Low Yat were fined RM 1,800 for hurting the thief and mob Shahrul Anuar!
Aug10

The Traders at Low Yat were fined RM 1,800 for hurting the thief and mob Shahrul Anuar!

Three traders involved in the brawl at Low Yat Plaza last month were today issued RM1,800 fines each by a magistrate’s court here. Low Leong Seng, 28, Eric Chan Weng, 23 and Soo Weng Hing, 25, were charged with causing injury on Shahrul Anuar Abdul Aziz, 22, on July 11, on the ground floor of the popular tech mall. After the suspects pleaded guilty, magistrate Muhamad Faizal Ismail meted out a fine of RM1,800 each to the trio, in...

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