Myanmar economic future / India tax portal / Singapore procurement bribe
Myanmar needs to reimagine its economic future. “Myanmar’s most fundamental challenge is creating a stronger state at a time when most people, because of long years of oppression and corruption, want only to see the back of state institutions.
Thant Myint-U/Frontier Myanmar: https://www.frontiermyanmar.net/en/myanmar-needs-to-reimagine-its-economic-future/
PM Modi launches ‘Transparent Taxation’ portal, a new faceless tax system. “Industry captains and experts welcomed the initiative, saying it will minimise grey areas, eliminate discretion, and promote transparency and certainty. The move will help make India a competitive economy amid a changing global order by improving ease of doing business, while instilling confidence among Indian industry, they said.”
Siblings found guilty of offences involving $2.2 million in bribes. “Two Singaporean siblings conspired to secure tenders for two companies in China in exchange for bribes amounting to about [approx. US$1.6 mil]...Teo used his position in the company and also his position as a member of the committee awarding the tenders to obtain confidential information belonging to Seagate."
Dominic Low/The Straits Times: https://www.straitstimes.com/singapore/courts-crime/siblings-found-guilty-of-offences-involving-22-million-in-bribes