Bloomberg Malaysia will devise new taxes soon to shore up a state budget that’s been constrained by debt and changes to the consumption levy, Prime Minister Mahathir Mohamad said. The government may also have to sell assets to raise money to pay “huge debt,” he said at a forum in Kuala Lumpur, adding that he believes foreign investment will still ...

Bloomberg Singapore is giving liquidators of insolvent companies a new tool to retrieve funds for bondholders and other creditors. Court-appointed managers will now be able to seek funding from investors unrelated to the case to pay the cost of pursuing claims, in exchange for part of the proceeds. That change came under the Insolvency, Restructuring and Dissolution Act, which was ...

Bloomberg Paul Shekoski thinks he presented a good case why the weather stations and other products his company makes in China should be spared from President Donald Trump’s tariffs. As a small-scale employer, he’s not optimistic he will win. Shekoski, chief executive of the Primex Family of Companies in Lake Geneva, Wisconsin, is among the hundreds of US companies filing ...