Nabil Luqman

0f9d2dd4f71434084e2b6094de1865e23abb37bb9f28ca51feeabee679ec9be2

Money

scam

issue

love

realistic

costly

trap

suspicious

red flag

A man in Shanghai, China, was left 200,000 yuan (approximately RM130,000) poorer after unknowingly transferring money to his long-distance "girlfriend", who turned out to be an elaborate creation of artificial intelligence (AI).
The victim, known as Liu, was deceived by a scam syndicate that used AI-generated images and videos of a young woman, known as "Ms. Jiao", to manipulate him into believing he was in a real romantic relationship. According to a report by China Central Television (CCTV), the syndicate utilised advanced AI software to fabricate realistic photos and videos, making the deception highly convincing.
A Love Story That Turned Into a Costly Trap
&nbsp;<img src="https://r2.myc.my/b136c41bb09aef779f8fbdf1cb99bd4ad204678f259fd6fc1e0da7e6accf4677" />
What began as an online romance quickly took a financial turn. "Ms. Jiao" started requesting money from Liu, citing urgent reasons such as business investments and medical expenses for a family member. Wanting to support his "girlfriend", Liu transferred a total of 200,000 yuan over the course of their relationship.
To solidify her credibility, "Ms. Jiao" even provided Liu with a copy of her identity card, along with medical records of her supposed family members and purchase orders related to her "business". The intricate details were enough to convince Liu that she was a real person.
Liu, despite having never met "Ms. Jiao" in person, remained emotionally invested. The scam continued for two months, with frequent conversations and exchanges of photos and videos that strengthened his belief in the authenticity of the relationship.
The Truth Unfolds
&nbsp;<img src="https://r2.myc.my/d664972029ab67f4237bd2ad332d45159ca65dd4b35c738572f8960cc07d3193" />
Over time, Liu began noticing inconsistencies in "Ms. Jiao's" stories and behaviour. His suspicions grew, leading him to seek help from the police. When authorities conducted an investigation, they uncovered the shocking truth&mdash;he had fallen victim to an AI-driven scam syndicate.
Chinese authorities discovered that the images and videos sent to Liu depicted "Ms. Jiao" engaging in daily activities, such as painting and walking in the city, all carefully generated using AI technology. Investigators also revealed that the syndicate operated as a team, coordinating their efforts to deceive victims with a combination of fabricated documents and AI-generated visuals.
Further analysis revealed that the fraudsters used advanced AI generative technology to manipulate voices and facial expressions, making the fake persona appear lifelike in video calls. The use of AI in scams has allowed criminals to deceive victims with an unprecedented level of realism.
AI and the Rising Threat of Online Scams
<img src="https://r2.myc.my/f0a5cbe9ce6510ad8e2faa96a8acd2dbf08ca3093ed329524714dc9cbaeee7fd" />
The advancement of AI technology has made online fraud more sophisticated than ever. AI is now capable of producing hyper-realistic images, videos, and even live conversations, making it increasingly difficult to differentiate between reality and deception.
Authorities warn that scams like these are not limited to China but are growing worldwide. The ability of AI to create deepfake videos and realistic text conversations has led to an increase in similar fraud cases across various countries.
In February 2024, Meta, the parent company of Facebook and Instagram, issued a warning about the growing trend of AI-generated romance scams. They urged internet users to remain cautious of online relationships that involve financial requests, as such scams are becoming more prevalent worldwide.
How to Protect Yourself from AI Scams
As AI-powered scams become more common, here are some key precautions to avoid falling victim:
<ol>
<li>Be sceptical of online relationships &ndash; If you have never met the person in real life, be wary of emotional manipulation and financial requests.</li>
<li>Verify identities &ndash; Conduct reverse image searches and check social media profiles for inconsistencies.</li>
<li>Never send money to someone you haven&rsquo;t met &ndash; Scammers often create emotional urgency to pressure victims into making transfers.</li>
<li>Look out for red flags &ndash; Unrealistic personal details, reluctance to meet in person, and excessive excuses are common warning signs.</li>
<li>Stay updated on AI scams &ndash; Educate yourself on the latest online fraud tactics and share knowledge with friends and family.</li>
<li>Report suspicious activity &ndash; If you suspect a scam, contact local authorities immediately.</li>
</ol>
The case of Liu serves as a cautionary tale about the dangers of AI-powered deception. As technology continues to evolve, so too do the tactics of scammers. Staying informed and vigilant is the best defence against becoming their next victim.
What are your thoughts on this? Let us know in the comments. 
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Never trust—or send money to—someone you've never met in real life, especially online

d9d520e5b2dfdf9c5bb6da1ab914190b9bdfa63c320d15ed4090ed2bd1704fdd

Man Loses Over RM130,000 To AI-Generated Romance Scam

Kelantan is facing a deeply troubling surge in cases of statutory rape and incest, with state police reporting a yearly increase in incidents &mdash; the majority involving consensual yet illegal sexual activity between minors. Authorities warn the situation reflects a broader breakdown in family structures, education, and social awareness.
Rising Numbers: A Crisis in the Making
<img src="https://r2.myc.my/922dd83a7fa968b8bf5851fa178530b995d801e77c13510125a9d81fef2ffe5a" />
According to Kelantan Police Chief Datuk Mohd Yusoff Mamat, reported cases jumped from 206 in 2023 to 252 in 2024 &mdash; a rise of over 22%. The trend shows no sign of slowing, with a further 17.1% increase recorded in the first quarter of 2025 compared to the same period last year.
&ldquo;In just the first three months of 2025, we&rsquo;ve recorded 65 cases &mdash; mostly involving statutory rape and incest,&rdquo; he said during a recent press conference. &ldquo;These are cases where minors, some as young as 10, are involved in sexual relationships that result in pregnancies and emotional trauma.&rdquo;
Minors as Both Victims and Perpetrators
&nbsp;<img src="https://r2.myc.my/a5645316a1a72c134abaac815a829b8ab7c9c695bf5c400093fdb01ac10d5ec5" />
The majority of the cases involve minors engaging in consensual sex, yet still classified as statutory rape under Malaysian law. Alarmingly, children as young as 10 years old have been involved. In one instance, a 10-year-old girl reportedly initiated sexual contact with her 20-year-old uncle &mdash; a relationship that led to pregnancy. In another case, an 11-year-old boy had sexual relations with his 15-year-old cousin, also resulting in pregnancy.
Another deeply distressing case involved a teenage girl who had reportedly had sex with up to five men.
Mohd Yusoff confirmed that 98% of these cases were consensual, though this does not reduce their legal or moral severity. "Just because they agreed, doesn't make it legal or acceptable," he said.
Root Causes: A Breakdown in the Family Unit
&nbsp;<img src="https://r2.myc.my/fed2f43377a8b6bdd3d607e97953fbd86fdd2a1908a5dfda5c11b1fcbc2b7b30" />
Investigations by Kelantan police have revealed several contributing factors behind the rising number of cases, including family conflict, parental neglect, lack of religious education, peer influence, and exposure to explicit content.
&ldquo;A significant number of these incidents can be traced back to dysfunctional family environments,&rdquo; said Mohd Yusoff. &ldquo;When children lack parental guidance or emotional support, they are more susceptible to negative influences, including unhealthy relationships.&rdquo;
He added that some parents are shockingly permissive, even allowing their daughters to host boyfriends overnight &mdash; often with full knowledge of what is occurring. &ldquo;We&rsquo;ve encountered cases where parents simply let it happen,&rdquo; he noted.
<img src="https://r2.myc.my/86e048f5c3fb8f7e76b81b0913028235bb5a2d627caca9ef19b44523ea7fc28a" />
Authorities have also found that mobile devices and social media play a significant role. In several cases, confiscated phones revealed that minors were storing pornographic videos and images. Some even exchanged nude photographs shortly after meeting online or in person.
&ldquo;Some of these teens had only just met a few weeks prior and were already exchanging explicit content,&rdquo; Mohd Yusoff explained. &ldquo;It reflects the dangerous speed at which relationships develop in the digital age &mdash; without maturity or understanding of the consequences.&rdquo;
Cultural Shifts and Peer Pressure
The issue is no longer confined to isolated communities. It appears to be part of a wider trend, with social media users expressing concern that underage sex is becoming normalised among Malaysian youths.
<iframe style="border: none; overflow: hidden;" src="https://www.facebook.com/plugins/post.php?href=https%3A%2F%2Fwww.facebook.com%2Fiesya.toh.2025%2Fposts%2Fpfbid0YWdNTnYAgo51LtkVzzg8V8RiPWgdPFxxudzPsM5ZcS9BqaanKFXfHZcoJJu9morel&amp;show_text=true&amp;width=500" width="500" height="619" frameborder="0" scrolling="no" allowfullscreen="allowfullscreen"></iframe>
One user, Iesya Toh, highlighted this growing trend online, warning that underage teens are engaging in sexual acts not due to coercion, but because it has become socially acceptable &mdash; even fashionable &mdash; in certain circles.
"This is a cultural problem, not just a legal one,&rdquo; another commenter noted. &ldquo;Children are mimicking what they see online without understanding the emotional or physical consequences.&rdquo;
Under Malaysian law, the age of sexual consent is 16 for girls. Any sexual activity involving someone below this age is automatically considered statutory rape, even if both parties agree. Additionally, consent is not valid if a person is intoxicated, unconscious, mentally incapacitated, or in a situation involving a power imbalance &mdash; such as between a minor and an adult relative or teacher.
A Shared Responsibility: Not Just a Police Matter
Mohd Yusoff urged that resolving this crisis cannot fall solely on the shoulders of the police. He called for coordinated efforts involving parents, educators, religious leaders, and community heads.
&ldquo;Imams, village heads, school counsellors &mdash; they all have a role to play. This issue must be discussed openly, not brushed under the rug,&rdquo; he said. &ldquo;We must educate our young, not only legally, but morally and spiritually.&rdquo;
Parents in particular must step up, he said. This includes monitoring phone usage, supervising friendships, and taking active interest in their children&rsquo;s mental and emotional health.
&nbsp;
Seeking Help: Resources Are Available
If you or someone you know is facing sexual abuse or exploitation, help is available. It is never too late to speak out. These trusted organisations offer support, protection, and legal guidance:
<ul>
<li>Women&rsquo;s Aid Organisation (WAO) 📞 +603-3000 8858 📲 WhatsApp/SMS: +6018-988 8058</li>
<li>Talian Kasih (24/7 helpline) 📞 15999 📲 WhatsApp/SMS: +6019-261 5999</li>
<li>Pusat Perkhidmatan Wanita (PPW) &ndash; Free and confidential counselling 📞 +6012-439 0698</li>
</ul>
In cases of immediate danger, please contact 999 or report to your nearest police station.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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The first quarter of 2025 alone saw a 17.1% rise compared to the whole of 2024.

bb46b60ef4f1f30f276e561661bfc52012f46fa5397cd25cc152ad943ff560f5

Kelantan’s Growing Crisis: Alarming Rise In Teen Relationship Cases Sparks Concern Over Family & Social Norms

A 28-year-old Chinese national has found himself at the centre of a media storm after being stopped by Malaysian road authorities for driving a Lamborghini Aventador without a valid licence. The incident occurred during a Hari Raya Aidilfitri enforcement operation along Jalan Bangsar on the night of 8 April.
The luxury vehicle, estimated to be worth RM2.27 million, was reportedly heading towards Damansara Heights after its driver had attended a fast-food restaurant launch in Kepong. Travelling with a female companion, the man was stopped by officers from the Road Transport Department (JPJ), who were conducting a large-scale integrated traffic operation involving multiple enforcement agencies.
Initial Reports and Conflicting Claims
&nbsp;<img src="https://r2.myc.my/287a439ac32050c51a4f45596fe8f91e0ae1ee52766f35f77977572d0fcd1fb1" />
Early media reports suggested that the Lamborghini had been seized by JPJ officers due to the absence of a valid driver&rsquo;s licence. The story quickly gained traction online, fuelling widespread speculation and public backlash. However, JPJ later issued a clarification, stating that while the man was indeed fined (issued a compound) for driving without a valid licence, the vehicle itself was not confiscated. A spokesperson confirmed that the passenger, who held a valid driving licence, was permitted to drive the car away from the scene.
&ldquo;We only issued the driver a compound and allowed those with valid licences to drive their vehicles. We apologise for any confusion caused,&rdquo; JPJ said in a statement reported by Bernama.
Legal Threats Over &ldquo;False News&rdquo;
&nbsp;<img src="https://r2.myc.my/fa7939abe2c82f52db38ec63ce16146f7bb02baf0263034d5d70e166d8da6629" />
In response to the fallout, the driver, identified as Deng Sheng, has threatened legal action against several media outlets and social media users who claimed he was arrested and that his car was impounded. In a strongly worded statement, Deng expressed frustration over what he described as "false news," adding that the misinformation had seriously impacted his business interests, personal life, and public image.
&ldquo;I want to make it clear that I was treated fairly by the JPJ officers,&rdquo; he said. &ldquo;But the media and others who spread false information have caused me stress and damage. I reserve my legal rights to take action.&rdquo;
Deng further clarified that he possessed a valid international driving permit but was unable to produce it during the roadside inspection. &ldquo;I explained this to the JPJ officers, and they were friendly and professional. I was never arrested, and my car was not taken away,&rdquo; he added.
He also expressed concern over being inaccurately labelled a "social media influencer", stating firmly, &ldquo;Some media also wrongly called me a social media influencer, which I am not.&rdquo;
A Wider Operation Across Kuala Lumpur
&nbsp;<img src="https://r2.myc.my/df4adf42acb2a075e5e1aad3760796f5f51c19fbfb0ad5cd77a50c51cc55eeed" />
The stop was just one part of the larger Hari Raya Aidilfitri enforcement operation (Ops HRA 2025), which was conducted between 24 March and 8 April across Kuala Lumpur and key transit points. The campaign involved collaboration between JPJ, the Traffic Enforcement and Investigation Department (JSPT), the Immigration Department (JIM), and the National Anti-Drugs Agency (AADK).
According to Federal Territory JPJ director Hamidi Adam, a total of 15,490 vehicles were inspected during the operation. In Kuala Lumpur alone, 4,559 notices were issued for various traffic violations. A total of 1,729 vehicles were found to be in breach of the law, with 24 being seized for further investigation under the Road Transport Act 1987 (Act 333).
The most common offences recorded included expired driver&rsquo;s licences and lack of insurance coverage, with 1,367 notices issued. A further 1,026 notices were handed out to individuals driving without a valid licence. Additionally, 875 notices targeted goods and public transport vehicle violations, including major and minor safety breaches.
Inspections at Terminals and Enforcement Strategy
&nbsp;<img src="https://r2.myc.my/f0561055ab7392a97cb51407d293fd779cd47af2248553a620661431a7734403" />
Hamidi also confirmed that checks were extended to public bus terminals, including Terminal Bersepadu Selatan (TBS) and Terminal Bersepadu Gombak (TBG). These inspections aimed to ensure compliance with technical requirements, vehicle maintenance standards, and the legal status of drivers.
&ldquo;During these inspections, we found several bus drivers guilty of using their mobile phones while driving and not providing a secondary driver for long-haul trips,&rdquo; he said, noting that enforcement will continue to be ramped up during peak travel seasons.
Beyond traffic violations, the integrated operation included inspections by immigration and drug enforcement teams. The Immigration Department screened 29 foreigners, resulting in the detention of three Indonesian nationals &mdash; one man and two women &mdash; for immigration-related offences.
Simultaneously, AADK conducted drug screenings on 37 individuals. Three people &mdash; two men and one woman &mdash; were arrested after testing positive for cannabis.
JPJ Urges Accuracy and Public Responsibility
In the wake of the widespread confusion over the Lamborghini incident, JPJ urged media outlets and the public to refrain from sharing unverified or misleading information.
&ldquo;Such misinformation can escalate unnecessarily and cause reputational harm to individuals involved, in addition to undermining public trust in law enforcement,&rdquo; the department said.
&ldquo;This is part of our broader strategy to enhance road safety and ensure compliance with the law, especially during festive seasons. We will continue strict enforcement alongside education and public awareness campaigns,&rdquo; added JPJ director Hamidi.
As the dust settles, the incident serves as a reminder of the importance of factual reporting and the consequences of social media speculation, particularly during ongoing public safety operations.
What are your thoughts on this? Let us know in the comments. 
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Amidst the confusion, misinformation has taken a toll on the driver's reputation.

034c415b522f6ba8a7e2ffe73937b841e6a8be2dd6fd3b5b68c249e6e3cb855d

Chinese National Driving Lamborghini Without Valid Licence Sparks Confusion Online During JPJ Operation

Anime lovers and J-rock fans alike, prepare yourselves &mdash; the legendary Japanese rock band FLOW is making a powerful return to Kuala Lumpur this May! Known for fusing electric rock energy with some of the most iconic anime theme songs of all time, the five-member band will take the stage at Zepp KL on Monday, 12 May 2025, as part of their ANIME SHIBARI 2024-2025 World Tour.
Brought to fans by FriedRice Entertainment in collaboration with SOZO, this much-anticipated performance is expected to deliver a night of nostalgia, adrenaline, and musical mastery.
Who is FLOW?
<img src="https://r2.myc.my/75a391b603fe8e51151e9cd9cacee269376452911e6a965b80f6f1d06a66d09f" />
FLOW is a powerhouse in the Japanese rock and anime music scene, captivating audiences since their official breakout in 2003. Known for their dynamic twin-vocal format and genre-blending sound, the band delivers a unique mix of high-energy rock with emotional depth and melodic precision. Comprising KEIGO (vocals), KOHSHI (vocals), TAKE (guitar), GOT&rsquo;S (bass), and IWASAKI (drums), FLOW&rsquo;s stage presence exudes both charisma and technical finesse&mdash;traits that have earned them legions of fans both in Japan and around the world.
<iframe src="https://www.youtube.com/embed/AE4b9jO1uB4" width="560" height="314" allowfullscreen="allowfullscreen"></iframe>
Originally formed in 1998, FLOW rose to prominence with the explosive success of "GO!!!", the fourth opening theme for Naruto, which remains one of the most iconic anime anthems to date. Their deep connection to anime continued with powerful tracks like "Sign" (opening for Naruto Shippuden, surpassing 120 million streams on Spotify), "COLORS" and "WORLD END" (openings for Code Geass: Lelouch of the Rebellion), and "Kaze no Uta" (opening for Tales of Zestiria the Cross), each praised for their emotional punch and cinematic sound. These songs have not only defined pivotal moments in anime history but also serve as the soundtrack to many fans' personal journeys.
With a discography that includes 12 studio albums and over 40 singles, FLOW&rsquo;s music is a love letter to anime culture. In 2018, they released FLOW THE BEST , a compilation album celebrating their contributions to the genre. Their international appeal has brought them to stages across Europe, North America, and Asia, performing at major conventions and festivals like Japan Expo and AnimeFest.
Among their accolades, FLOW has achieved numerous chart successes, particularly with "COLORS", which reached #2 on the Oricon charts and remained there for 16 weeks. Their ability to blend powerful instrumentation with anthemic choruses has made them a staple in both the J-rock and anime music communities. More than two decades into their career, FLOW continues to thrive, creating music that resonates deeply with longtime fans and new audiences alike.
FLOW: Anime Royalty Meets Rock Stardom
FLOW is no stranger to the international stage. Since 2006, they have brought their music to over 60 live performances across more than 20 countries, from Asia to Europe, and the Americas to the Middle East. Their ability to connect with audiences of different cultures and languages speaks volumes of their universal appeal.
The upcoming Kuala Lumpur stop on their world tour offers fans a rare chance to witness this globally celebrated act in an intimate venue, promising a close-up encounter with their electrifying live energy.
Full Concert Details 
&nbsp;<img src="https://r2.myc.my/5b5a1ed3b7f21a5f4528bedac04e5aaf4fa68111f3384ee637c84eb85283d507" />
📅 Date: Monday, 12 May 2025 ⏰ Time: 8:00 PM 📍 Venue: Zepp Kuala Lumpur
🎟️ Ticket Categories &amp; Pricing (prices exclude booking, operational fees, and taxes):
<ul>
<li>VIP (Standing): RM498 Includes:</li>
<ul>
<li>Priority entry to the VIP zone</li>
<li>Exclusive FLOW VIP laminate and lanyard</li>
<li>Hi-5 session with FLOW</li>
<li>Group photo opportunity with FLOW (20 pax per photo)</li>
<li>Autographed printed poster by FLOW</li>
</ul>
<li>Rock Zone (Standing): RM368</li>
<li>CAT 1 (Seated): RM308</li>
<li>Box Suite (Seated, 8 pax): RM3,500</li>
</ul>
Details regarding VIP fan benefit redemption will be announced closer to the event via FriedRice Entertainment&rsquo;s social media platforms.
Where to Get Your Tickets
Tickets are already on sale via <a href="https://my.bookmyshow.com/en/events/flow-world-tour-anime-shibari-2024-2025-6th.-stage-southeast-asia-kuala-lumpur/FLOW25MY">BookMyShow</a>, and with the band's passionate Malaysian fanbase and the global hype surrounding the ANIME SHIBARI tour, they&rsquo;re expected to sell fast. Fans are strongly encouraged to purchase early to avoid disappointment.
Whether you're a die-hard FLOW follower or simply an anime lover looking to relive your favourite theme songs in a live setting, this concert promises to be an unforgettable evening of nostalgia, fandom, and rock excellence.
Catch Up With Their Music
<img src="https://r2.myc.my/caf254623090452889468355b08fc4dc895ad118a5b34d27af16971ca6916aaa" />
As most anime fans would know, the genre already boasts a vast library of iconic music &mdash; and FLOW has contributed more than a few unforgettable tracks to that collection. There&rsquo;s a strong chance the band will perform some of their greatest anime hits during the concert. If you&rsquo;re new to FLOW and want to explore their sound before securing your tickets, you can check out their music on Spotify below and get a taste of what&rsquo;s in store.
<iframe style="border-radius: 12px;" src="https://open.spotify.com/embed/artist/3w2HqkKa6upwuXEULtGvnY?utm_source=generator" width="100%" height="352" frameborder="0" allowfullscreen="allowfullscreen" loading="lazy"></iframe>
This is more than a concert &mdash; it&rsquo;s a celebration of music, memories, and the timeless connection between anime and rock. Are you excited? because we certainly are!
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Anime and rock fans, this is one live show you definitely won’t want to miss!

b5afc75995de8baffcb466342fce0de9c34c501903b6b07f4757c78d3275b09e

Legendary Japanese Rock Band FLOW To Rock Kuala Lumpur This May

In a dramatic policy reversal, US President Donald Trump has announced a 90-day suspension on steep tariffs for over 75 countries &ndash; excluding China &ndash; citing diplomatic overtures, market instability, and the desire to give negotiations a chance. The unexpected announcement, made on 9 April, comes amid heightened fears of a global recession and follows days of extreme volatility in global financial markets.
Global Tariff Pause Sparks Market Rally
&nbsp;<img src="https://r2.myc.my/da9c8c482533db4c906bf3fa0221778720566be9d1a45cb09dda0d98a9a95da9" />
Wall Street reacted euphorically to the news, with the S&amp;P 500 surging 9.5% in its biggest single-day gain since the 2008 financial crisis. The Dow Jones climbed 7.8%, while the tech-heavy Nasdaq soared over 12%. European and Asian markets followed suit, clawing back some of the heavy losses suffered earlier in the week following the imposition of sweeping US tariffs.
The market rally was triggered by Trump's decision to delay the implementation of new tariffs on dozens of trade partners, including Malaysia, Vietnam, South Africa, and the European Union. The president said these countries would now face a universal 10% baseline tariff rather than customised levies that, in some cases, exceeded 100%.
&ldquo;I&rsquo;ve authorised a 90-day PAUSE,&rdquo; Trump posted on his Truth Social platform. &ldquo;We don&rsquo;t want to hurt countries that don&rsquo;t need to be hurt &mdash; and they all want to negotiate.&rdquo; He added that the move was in response to outreach from several nations expressing a willingness to resolve issues related to tariffs, trade barriers, currency manipulation, and non-monetary trade practices.
Bond Market Jitters Prompt Sudden Shift
&nbsp;<img src="https://r2.myc.my/187493d3d48590ddb42b638b3781bc059e218489ce5bf11c6d97b5948b421eb9" />
Trump's tariff reprieve followed sharp criticism from economists, politicians, and financial analysts. Most notably, the US bond market experienced a sharp sell-off, with interest rates on government debt spiking to 4.5% &ndash; the highest since February &ndash; signalling investor anxiety about a potential recession.
Sources within the White House confirmed that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick had met privately with Trump just a day before the announcement to discuss market concerns. &ldquo;They were getting a little bit yippy, a little afraid,&rdquo; Trump later remarked, using a term from sports to describe nervousness.
According to Paul Ashworth, Chief North America Economist at Capital Economics, &ldquo;Although President Trump resisted the stock market sell-off initially, once the bond market began to wobble, it was only a matter of time before he adjusted course.&rdquo;
China Hit with Punitive 125% Tariff
&nbsp;<img src="https://r2.myc.my/c0b31311dd42a28dbce4ab1b0410dbcd7210258f34ba62217bfa86cb1236cf0e" />
While most nations have been granted a temporary reprieve, China has not been so fortunate. In a show of economic aggression, Trump raised tariffs on Chinese goods from 104% to a staggering 125%, effective immediately. The move came in response to Beijing&rsquo;s retaliatory tariffs on American imports, which rose from 34% to 84% earlier that same day.
&ldquo;Based on the lack of respect that China has shown to the World&rsquo;s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,&rdquo; Trump declared on social media.
The White House&rsquo;s latest tariffs mark the most severe escalation yet in the US-China trade conflict, which began just a week earlier with what Trump dubbed "Liberation Day" &ndash; the date his new global tariffs were first implemented. Beijing responded swiftly and aggressively, pledging to &ldquo;fight to the end&rdquo; against what it called America&rsquo;s &ldquo;bullying tactics&rdquo;.
China Responds: "US Must Show Respect"
<img src="https://r2.myc.my/5509b78ad78fb6c66944cc295f9e49c966ee01a11c8401d41c333a80a2954ac6" />
China&rsquo;s Ministry of Foreign Affairs denounced the increased US tariffs as abusive and urged Washington to return to the principles of equality and mutual respect if it hopes to reach a resolution. &ldquo;The United States simply piles mistakes on top of mistakes,&rdquo; China&rsquo;s Finance Minister said. &ldquo;This approach is not conducive to a healthy global trade environment.&rdquo;
The World Trade Organization echoed these concerns, warning that the deteriorating relationship between the world&rsquo;s two largest economies could lead to a collapse in trade volumes of up to 80% &ndash; a staggering US$466 billion (&pound;363 billion) in losses.
Meanwhile, China issued travel advisories warning its citizens to &ldquo;fully assess the risks&rdquo; before travelling to the United States, further illustrating the growing tensions between the two powers.
Europe, Vietnam, and Others Await Further Negotiations
<img src="https://r2.myc.my/fda9abab06292b2dc6c228ec2f01bb10f0480dc93999e176eed6bd940bbb605a" />
Among those temporarily spared further tariff hikes are key US trade partners such as the European Union, Vietnam, and Malaysia. Although these countries were initially targeted with levies ranging from 11% to 100%, the decision to hold back appears to have been a reward for diplomatic restraint.
The European Union, despite preparing retaliatory tariffs worth more than &euro;20 billion on American goods including soybeans, motorcycles, and beauty products, had not yet implemented them. As a result, it too was included in the 90-day pause list.
Vietnam, which was facing a 46% tariff on its exports to the US, has welcomed the delay, as have multinational companies such as Nike and Apple, both of which rely heavily on manufacturing in Southeast Asia. Nike shares jumped 11%, while Apple soared nearly 15% on news of the policy shift.
Political Pressure Mounts Behind the Scenes
&nbsp;<img src="https://r2.myc.my/afd1e408a7f35e61bc53f8edbbd27c8e6ea25a25daaa5a23b1a3365a541ebd97" />
Trump&rsquo;s abrupt about-face has also been linked to increasing political pressure from within Washington and influential backers from the business community. High-profile figures including Tesla CEO Elon Musk, hedge fund billionaire Bill Ackman, and Barstool Sports founder Dave Portnoy reportedly pushed for a softening of the tariff regime.
Ackman, who had publicly advocated for a 90-day pause, praised the president&rsquo;s move, saying: &ldquo;Thank you on behalf of all Americans.&rdquo;
Democrats, however, were less impressed. Senate Majority Leader Chuck Schumer said the move was a sign that Trump was &ldquo;reeling and retreating&rdquo; under pressure, while critics on Wall Street warned that the damage may already have been done.
Looking Ahead: Will a Deal Be Struck?
Despite the dramatic reversal, Trump insisted he had not backtracked, but rather acted with strategic flexibility. &ldquo;You have to be flexible,&rdquo; he said. &ldquo;A deal&rsquo;s going to be made with China. A deal&rsquo;s going to be made with every one of them.&rdquo;
He added that while he could not imagine increasing tariffs on China any further, he was prepared to maintain pressure on Beijing until a satisfactory trade agreement is reached.
However, analysts remain sceptical. &ldquo;It&rsquo;s difficult to see either side backing down in the next few days,&rdquo; Ashworth cautioned. &ldquo;But we suspect that talks will eventually happen.&rdquo;
In the meantime, the global economy remains in a precarious position. While markets have rebounded for now, the uncertainty surrounding US trade policy &ndash; and its long-term implications &ndash; continues to cast a long shadow over international commerce.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Looks like Trump’s cranked up the pressure — slapping a 125% tariff on Chinese imports.

887af2e44fa44e5f695480d31deced5791df6c1e2f6c206e470c7f003452c7b7

Trump Pauses Global Tariffs For 90 Days — But Escalates Trade War With 125% Levy On China

A creature once lost to the Ice Age has now been brought back into the light &mdash; or at least, something astonishingly close. Thanks to cutting-edge genetic engineering, the dire wolf &mdash; an apex predator whose legend has been passed down through both fossils and fiction &mdash; has returned in the form of three living, breathing pups. This remarkable feat comes courtesy of Colossal Biosciences, a Dallas-based biotech firm that has positioned itself at the forefront of a new era in conservation: de-extinction.
The Birth of a Legend Reimagined
&nbsp;<img src="https://r2.myc.my/06844c3c3f28424744f7d167457cf3637ab3b1c8fe4e82bd7fb4392da5d8a1c2" />
In a breakthrough hailed as both awe-inspiring and controversial, Colossal announced the successful birth of three pups genetically engineered to closely resemble Aenocyon dirus, the dire wolf species that roamed prehistoric North America until their extinction approximately 13,000 years ago. Two males were born on 1 October 2024, followed by a female on 30 January 2025.
The animals are currently housed within a highly secure, undisclosed 2,000-acre facility. This site is enclosed with zoo-grade fencing and guarded around the clock by drones, cameras, and trained personnel. The compound meets rigorous animal welfare standards, having received approval from the American Humane Society and registration from the US Department of Agriculture.
In a nod to mythology and popular culture, the pups have been named Romulus, Remus, and Khaleesi &mdash; reflecting both the Roman twins raised by wolves and the fantasy-epic Game of Thrones, where dire wolves featured as loyal and formidable companions. Though the names are whimsical, the science behind their creation is anything but.
From Fossil to Flesh: Reconstructing the Genome
&nbsp;<img src="https://r2.myc.my/6c131f5f24fcf94314ed53dea8206cc1126e4d37dc2b99c9d7f955ef0603337c" />
To recreate the dire wolf, Colossal&rsquo;s scientists first had to build its genome from ancient remains. They successfully extracted usable DNA from two remarkable finds: a 13,000-year-old tooth and a 72,000-year-old skull. These fragments, sourced from permafrost and cave deposits, provided enough material to reconstruct a near-complete genome of Aenocyon dirus &mdash; a species that, despite its resemblance to modern grey wolves, was genetically distinct and more closely related to African jackals.
With this blueprint in hand, Colossal used gene-editing tools like CRISPR to modify the DNA of modern grey wolves. Specific genes responsible for traits such as a broader skull, denser fur, white coats, enhanced jaw strength, and robust immunity were carefully inserted to create an animal that mirrors the dire wolf both physically and functionally.
Following the gene editing, the engineered DNA was used to clone embryos, which were then implanted into mixed-breed domestic dogs. Of the eight surrogate pregnancies attempted, three led to successful births. The pups are still in their juvenile stages and display some skittish behaviours, but early signs suggest they are healthy and well-adapted to their environment.
&ldquo;Not Quite Dire&rdquo;: The Philosophical Debate
The resurrection of the dire wolf, while groundbreaking, is not without its critics. Though genetically similar to the original species &mdash; with a 99.9% DNA match &mdash; these animals are technically not exact clones. Instead, they are described as &ldquo;genetic replicas&rdquo; or &ldquo;functional proxies.&rdquo;
This nuance has sparked philosophical debate in the scientific community. Professor Love Dal&eacute;n, an evolutionary geneticist at Stockholm University and one of Colossal&rsquo;s scientific advisers, notes, &ldquo;There will be a debate about how many genes must be changed to truly constitute a dire wolf &mdash; but ultimately, that&rsquo;s a philosophical question rather than a scientific one.&rdquo;
Beth Shapiro, Colossal&rsquo;s Chief Science Officer and a leading expert in ancient DNA, affirms that the goal was never to produce a perfect copy. &ldquo;These animals are not clones. They are proxies that represent the ecological and behavioural niche of the dire wolf, built from the genome up.&rdquo;
Despite this framing, some scientists and ethicists remain sceptical. Critics argue that without the ancient Ice Age ecosystems that once supported dire wolves &mdash; including massive prey like megafaunal bison and ground sloths &mdash; the animals may lack a true ecological role in today&rsquo;s world. Others worry about the long-term consequences of such experiments and whether human beings should engage in the resurrection of extinct species at all.
Conservation Through Innovation
<img src="https://r2.myc.my/d85871402a8607a10ebd8cf09cf949064400e9d9c89044a010ec272cfc996442" /> Dr Christopher Mason
Colossal insists that the dire wolf project is more than a scientific novelty. It is part of a larger strategy to enhance biodiversity and resilience in conservation. The same tools used to recreate extinct species, they argue, can be applied to save endangered ones.
Indeed, Colossal has already begun cloning critically endangered red wolves using a less invasive approach. Their hope is to combat inbreeding by introducing new genetic variation &mdash; a technique that could be extended to other struggling species, including the northern white rhino and the Sumatran orangutan.
Dr Christopher Mason, a genomics specialist at Weill Cornell Medicine and an adviser to Colossal, sees this as the beginning of a new conservation paradigm. &ldquo;The technologies that enabled the birth of these pups &mdash; ancient DNA sequencing, CRISPR gene editing, advanced cloning &mdash; are not limited to de-extinction. They represent a powerful toolkit for preserving life on Earth in the face of climate change and mass extinction.&rdquo;
<img src="https://r2.myc.my/698344609fd8b880980b32df199b47ad77a4cef03a1e50623a416d0dd804c966" />
The company has already raised over USD435 million in funding since its founding in 2021 by serial entrepreneur Ben Lamm and Harvard geneticist George Church. Their goal is to not only bring back lost species but to engineer them for survival in modern ecosystems. Future projects include the resurrection of the woolly mammoth, the dodo, and the Tasmanian tiger (thylacine), with mammoth calves expected as early as 2028.
A Jurassic Future, or Playing God?
<img src="https://64.media.tumblr.com/22627f5b5831dd4a757254bc67ff906e/tumblr_noo192Wz8Y1u5tn07o3_540.gif" alt="#jp from Jurassic Daily" />
Still, some environmental philosophers urge caution. Professor Christopher Preston from the University of Montana points out the challenges of integrating these engineered species into contemporary ecosystems. &ldquo;We are still struggling to maintain viable populations of grey wolves in places like Montana. The idea that we can simply reintroduce dire wolves &mdash; or their equivalents &mdash; into the wild ignores the complex ecological and social factors at play.&rdquo;
Others question the ethics of using domestic dogs as surrogates, especially if the procedures result in failed pregnancies or stillbirths. Animal welfare organisations are monitoring the situation closely, although Colossal insists that all protocols follow the highest ethical standards.
For now, the dire wolves &mdash; or their modern analogues &mdash; remain safely confined within their facility, studied by scientists and cared for by handlers. But their existence raises fundamental questions about humanity&rsquo;s relationship with nature: are we repairing the damage caused by past extinctions, or are we treading dangerously close to &ldquo;playing God&rdquo;?
As Colossal continues its pioneering work, one thing is clear: we have entered a new chapter in biotechnology &mdash; one where the boundary between science fiction and reality grows increasingly thin.
While the thought of reviving extinct creatures is undeniably cool, it also raises a big &lsquo;what if?&rsquo; What if we end up with our very own Jurassic Park moment? Fascinating&hellip; but also kind of terrifying. What do you think &mdash; a scientific breakthrough or a disaster waiting to happen? Drop your thoughts in the comments.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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While the technology behind this is amazing, let’s just hope we won’t have a repeat of Jurassic Park IRL.

b4357ed2ae1c92b7d841ff775d7a68fef767d6494e2aabee0e6e278c7c3d5538

Dire Wolves Return: Colossal Biosciences’ Bold Leap In De-Extinction

ASEAN finance ministers and central bank governors convened in Kuala Lumpur this week to urgently advance regional financial integration, in response to the wide-reaching effects of new US tariffs on all ten member states. As the 12th ASEAN Finance Ministers and Central Bank Governors&rsquo; Meeting (AFMGM) commenced at the Kuala Lumpur Convention Centre (KLCC), ministers underscored the need for unified action on cross-border payments, financial resilience, and sustainable development frameworks, particularly for small and medium-sized enterprises (SMEs).
<img src="https://r2.myc.my/b2109752263d8698696edfb4193175fb392933f9d5ca626e5b29d2e03d3cd905" />
Finance Minister II Datuk Seri Amir Hamzah Azizan and Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour are co-chairing several critical meetings, including high-level discussions with the US-ASEAN Business Council (US-ABC), the EU-ASEAN Business Council (EU-ABC), and the ASEAN Business Advisory Council (ABAC). These meetings aim to strengthen private sector collaboration and make Southeast Asia more competitive in an increasingly protectionist global economy.
Tariffs Rattle the Region
&nbsp;<img src="https://r2.myc.my/ca9a70410ba6813276fabf2bd5a10d3b71fa4d68611fa9b3ce2c6b90dbb5e179" />
The sense of urgency stems from the imposition of sweeping tariffs by US President Donald Trump, which have particularly affected ASEAN&rsquo;s Indo-Chinese economies. Cambodia faces a 49% tariff, Vietnam 46%, Thailand 36%, Indonesia 32%, Malaysia and Brunei 24% each, while Singapore faces a base levy of 10%. The measures have sent shockwaves through global markets and heightened fears of prolonged regional economic instability.
In response, Finance Minister II Amir Hamzah will lead the ASEAN Finance Ministers&rsquo; Retreat at Merdeka 118 and hold bilateral engagements with JP Morgan Asia Pacific CEO Sjoerd Leenart and Asian Development Bank (ADB) President Masatsugu Asakawa. Later, Prime Minister Datuk Seri Anwar Ibrahim is scheduled to deliver keynote remarks at a gala dinner held at the KL Tower, attended by senior regional finance officials and dignitaries.
Malaysia Sends Delegation to Washington
&nbsp;<img src="https://r2.myc.my/ad9f93b5e40fdac1f1e729244304d8d213e4d63723cf822c7d0ad70c08d7450f" />
Amid mounting concern, Malaysia is taking a proactive approach. Prime Minister Anwar Ibrahim confirmed that officials will be dispatched to Washington by the end of April to initiate dialogue on the 24% reciprocal tariffs imposed on Malaysian exports. Anwar described this initiative as part of Malaysia&rsquo;s &ldquo;soft diplomacy of quiet engagement,&rdquo; noting that while the scope for policy reversal may be limited, there remains room to adjust how the measures are implemented.
&ldquo;We do not believe in megaphone diplomacy,&rdquo; Anwar said during the ASEAN Investment Conference 2025. &ldquo;There may be limited room to revisit the underlying intent, but there is still scope for adjusting the policy&rsquo;s implementation.&rdquo;
Second Finance Minister Amir Hamzah echoed this sentiment, saying Malaysia&rsquo;s approach is calm and calculated. &ldquo;No, we are not reacting out of panic. We are chill,&rdquo; he said when asked by reporters. &ldquo;This will be an amicable discussion to better understand the rationale behind the US decision and to find a more favourable resolution.&rdquo;
Forging Resilience Through Regional Integration
&nbsp;<img src="https://r2.myc.my/6888215d5a6223c0aa0cb610a1caf9bdd9ff505d5df000d138b502e632072cf4" />
The ASEAN Investment Conference 2025, hosted by the Securities Commission Malaysia, welcomed over 700 regional and global stakeholders. It focused on mobilising capital and aligning investment strategies for sustainable, inclusive growth amid geopolitical volatility. It also marked the launch of the ASEAN Simplified ESG Disclosure Guide (ASEAN SEDG) for SMEs, aimed at helping small businesses strengthen supply chain resilience and align with sustainability standards.
The forum highlighted emerging sectors such as green energy, digital finance, and artificial intelligence as key growth areas under ASEAN&rsquo;s Vision 2040. As 2025 ASEAN Chair, Malaysia aims to leverage its geographic position and investor-friendly policies to lead the bloc in a collective push for deeper trade and economic ties.
A Call for ASEAN Unity
<img src="https://r2.myc.my/700574a047b84e26279e9e89bfae157e0a780a66ced1d939a0cea0da0c366d3d" />
Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz delivered a firm message in his closing keynote, stating that ASEAN unity would be pivotal in overcoming the impact of the US tariffs.
&ldquo;How ASEAN responds could make or break the region&rsquo;s steady growth trajectory,&rdquo; he warned. &ldquo;We must act as one voice, one negotiating body, with partners who understand ASEAN&rsquo;s true value.&rdquo;
ASEAN Secretary-General Dr Kao Kim Hourn and leading representatives from the World Bank, ADB, and the Asian Infrastructure Investment Bank also participated in the event, reaffirming support for the region&rsquo;s collective economic ambitions.
In his keynote address, Anwar reiterated that Malaysia will continue adapting to shifting global dynamics while protecting national interests. &ldquo;Winds may shift, but we do not drift,&rdquo; he said. &ldquo;Our trade diversification strategy is already gathering pace. We remain committed to the US as a valued trade partner, but we will also deepen ties with the EU, Asia, the Middle East, and Africa.&rdquo;
As the conference came to a close, one message rang clear: ASEAN&rsquo;s path forward depends on unity, strategic adaptability, and sustained dialogue&mdash;especially in the face of rising protectionism.
What are your thoughts on this? Let us know in the comments. 
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Malaysia to send officials to the US to discuss the 24% tariff imposed on exports.

f28e81ea4b5089380c45e13937506e18cbc4aa61239a742be5f2349084a66715

ASEAN Finance Ministers Rally For Unity Amid US Tariff Fallout

In February, Malaysians were abuzz after the government disclosed that cabinet ministers had undertaken a total of 236 official overseas trips in 2024, costing the country RM44 million.
<img src="https://r2.myc.my/d1bbf8b6bc4247ae64db869adc0651f01f0de56ddb7681cbe58ba21fae067d25" />
Read: <a href="https://myc.my/articles/4137/msian-govt-reveals-ministers-took-236-overseas-trips-costing-rm44-million">M&rsquo;sian Govt Reveals Ministers Took 236 Overseas Trips, Costing RM44 Million</a>
In a written parliamentary reply to Masjid Tanah MP Datuk Mas Ermieyati Samsudin on 18 February, Federal Territories Minister Dr Zaliha Mustafa justified the expenditure, stating that these trips were essential as ministers attended scheduled meetings in line with Malaysia&rsquo;s commitments to various international organisations.
Following the revelation, many netizens voiced their concerns, with some criticising the hefty RM44 million price tag amid the nation&rsquo;s economic challenges. The disclosure sparked a debate on whether the government was managing public funds responsibly.
<img src="https://r2.myc.my/75ea5e89a3713dc419ed0b3568bb1ab1c02847d3e341bcb63479e746464b6fdc" />
Prime Minister Datuk Seri Anwar Ibrahim has recently clarified that all Members of Parliament (MPs) in Malaysia receive a fixed monthly allowance of RM25,700. In addition to this base salary, MPs are entitled to various other allowances and claims based on their parliamentary roles and responsibilities.
According to a statement from the Prime Minister&rsquo;s Office, MPs can claim allowances for domestic official duties, which include an attendance allowance of RM400 per day during parliamentary sessions. MPs who participate in the Public Accounts Committee (PAC) or Special Select Committee meetings outside of parliamentary sessions are eligible for an additional RM300 per day. During parliamentary sessions, PAC members receive RM250 per day. Furthermore, MPs attending official briefings receive an additional RM300 daily, while a subsistence allowance of RM100 per day is granted for official duties that require travel beyond 32 kilometres.
Travel and Overseas Duty Allowances
&nbsp;<img src="https://r2.myc.my/86d0a2c0168b1bc0398294dc0a3aca188652b95d1a5eec6ca647d06b9b1756e2" />
MPs are also entitled to travel reimbursements for self-driving, public transport, or air travel. These reimbursements extend to accommodation expenses such as hotel stays, lodging, and laundry.
For international assignments, MPs receive a meal allowance of RM340 per night and a daily subsistence allowance of RM170. Additionally, they can claim accommodation and transport expenses, which include air and land travel. They are also eligible for compensation for currency exchange losses and a tip allowance amounting to 25% of their meal allowance.
Potential Monthly Earnings Between RM30,000 and RM40,000 
&nbsp;<img src="https://r2.myc.my/81f1149c17f31e9aba73329878a90237c1ce22c9e9abe6b75b2c7c94a6ef9945" />
When considering all these allowances and claims, some MPs may earn a total monthly income ranging between RM30,000 and RM40,000.
Anwar urged MPs to exercise financial prudence and remain mindful of the financial struggles faced by the general public, many of whom earn significantly less. He also criticised certain MPs for claiming that their income is inadequate, with some alleging that they need to take on debt to manage their daily expenses.
Public Concerns Over MP Salaries
<img src="https://r2.myc.my/dc4160fef6008145d4685a22820b89548e21c77a27eb6468d1d21719c2db0237" />
The disclosure of MPs&rsquo; allowances has sparked public debate, with many questioning whether such entitlements are justified, particularly when many Malaysians are struggling with rising costs of living. There have been growing calls for greater financial transparency regarding government spending on parliamentary allowances.
Opposition figures and activists have also raised concerns about the disparity between MP earnings and the average wages of regular citizens. Some critics argue that MPs should be held accountable for their expenditure and that their allowances should be tied to performance metrics or public service effectiveness.
Funding for Opposition MPs
The Prime Minister also addressed concerns regarding funding allocations for opposition MPs. He reiterated that the government remains open to discussions but questioned why opposition MPs continue to publicly complain instead of engaging in direct negotiations with the government on the matter.
Anwar&rsquo;s comments highlight the ongoing debate over parliamentary earnings and financial transparency. As public scrutiny over government spending intensifies, the issue of MPs&rsquo; allowances is likely to remain a contentious topic in Malaysia&rsquo;s political landscape.
What are your thoughts on this? Let us know in the comments.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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MPs also receive allowances for overseas duties when required.

189f9a15f95c822c2e2088cf9757e6b2ed480a3fa83652eaaac7d0382b33b20c

Anwar Ibrahim Clarifies That Every MP Receives RM25,700 Monthly, Plus Additional Allowances

With the tax filing season underway, taxpayers in Malaysia are encouraged to file their taxes early and take advantage of eligible tax reliefs. As of 2024, the Inland Revenue Board (LHDN) has made e-Filing the sole method for submitting tax returns, discontinuing manual or hard copy submissions.
E-Filing, which has been in use for several years, is an efficient and convenient way to report tax liabilities. Individuals earning income from employment, as well as those receiving passive income such as rental earnings or interest, are required to file their personal income tax returns (Form BE) for the assessment year 2024. The tax filing period runs from 1 January to 31 December 2024, with submission deadlines of 30 April for salaried individuals and 30 June for business owners or self-employed individuals. Late submissions may incur penalties.
For first-time users, registration is required via the MyTax portal (<a href="https://mytax.hasil.gov.my">https://mytax.hasil.gov.my</a>) through the e-Daftar system. A digital certificate and a one-time PIN must also be obtained before logging into the system to complete the e-Filing process.
Full List of Tax Reliefs for 2024
To ease the financial burden of taxpayers, the Malaysian government has outlined several tax relief categories. Below is a breakdown of the key tax reliefs available for the year 2024.
1) Individual and Dependent Reliefs
 <img src="https://r2.myc.my/052ddfa86afca614c90dc6b106d464b9e46f71978e46b4424e1171e98b9fdab0" /> 
<ul>
<li>Self and dependents &ndash; RM9,000</li>
<li>Husband/Wife/Alimony to ex-wife &ndash; RM4,000</li>
<li>Individuals with disabilities &ndash; RM6,000</li>
<li>Disabled spouse &ndash; RM5,000</li>
<li>Self-study fees &ndash; RM7,000</li>
</ul>
2) Lifestyle and Medical Reliefs
<img src="https://r2.myc.my/986a66f3132725f7bcbead80966ac58cfd1014ebc7907ba407a75fea65611396" />
<ul>
<li>Medical expenses for self, spouse, and children &ndash; RM10,000 (includes fertility treatment)</li>
<li>Diagnosis and treatment for learning disabilities &ndash; RM4,000</li>
<li>COVID-19 self-test kit and full medical examination &ndash; RM1,000</li>
<li>Vaccination expenses &ndash; RM1,000</li>
<li>Dental examination and treatment by a registered dental practitioner &ndash; RM1,000</li>
<li>Breastfeeding equipment purchase &ndash; RM1,000</li>
<li>Basic support equipment for individuals, spouses, children, or dependents with disabilities &ndash; RM6,000</li>
<li>Lifestyle expenses (books, internet subscriptions, gadgets, etc.) &ndash; RM2,500</li>
<li>Sports-related lifestyle purchases &ndash; RM1,000</li>
<li>Medical treatment and parental care &ndash; RM8,000</li>
</ul>
3) Child Reliefs
<img src="https://r2.myc.my/e82d0478d846f20869cd32ba3fe2b85a470216b5d9eb70f6014368bf1d6b7f5b" />
<ul>
<li>Children under 18 years old &ndash; RM2,000</li>
<li>Children over 18 years, unmarried, and studying full-time &ndash; RM2,000</li>
<li>Children over 18 years old, unmarried, and studying in an institution of higher learning &ndash; RM8,000</li>
<li>Registered daycare or kindergarten fees &ndash; RM3,000</li>
<li>Children with disabilities &ndash; RM6,000</li>
<li>Additional relief for children with disabilities &ndash; RM8,000</li>
</ul>
4) Contributions, Donations, and Other Reliefs
&nbsp;<img src="https://r2.myc.my/5b4fe4c87659a2aa2076a1eb663e333df49c5cec4ac3c1d7e23a9c0a9c07fd17" />
<ul>
<li>SOCSO/Employment Insurance Scheme (EIS) contributions &ndash; RM350</li>
<li>Deferred retirement and annuity scheme &ndash; RM3,000</li>
<li>SSPN (National Education Savings Scheme) contributions &ndash; RM8,000</li>
<li>Life insurance and Employees Provident Fund (EPF) contributions &ndash; RM7,000</li>
<li>Education and medical insurance for individuals, spouses, and children &ndash; RM3,000</li>
<li>Electric vehicle (EV) charging equipment purchase, rental, or installation &ndash; RM2,500</li>
</ul>
Important Reminders for Taxpayers 
&nbsp;<img src="https://r2.myc.my/a0dab6af7b7cbfde545be30acfa7f64726c9d11264a0865f38063afd93d5308f" />
Taxpayers must exercise caution when filing their tax returns to avoid common mistakes and potential penalties. One of the most frequent errors is attempting to claim reliefs without the necessary documentation. It is essential to retain receipts and supporting evidence for at least seven years, as LHDN may conduct audits to verify claims. Incorrectly declaring dependents or failing to meet eligibility criteria for specific reliefs could also lead to penalties.
Additionally, all sources of income must be declared, including earnings from rental properties, freelance work, commissions, and passive income streams. Those receiving income from overseas are still required to report it, even if it qualifies for tax exemptions. The LHDN can monitor foreign income through the Common Reporting Standard, a global initiative to track international financial transactions.
Expatriates working in Malaysia are subject to taxation but are ineligible for personal reliefs and must pay based on the progressive tax rate. Those engaging in gig economy work or earning side income should also ensure they file their taxes correctly to avoid non-compliance issues.
Filing taxes early provides numerous benefits, such as allowing taxpayers to identify and correct potential errors, preventing last-minute stress, and ensuring proper financial planning. For individuals with complex financial situations or multiple income sources, consulting a tax professional can provide clarity and assistance in structuring tax returns effectively. Keeping detailed financial records and understanding available tax reliefs can significantly help in maximising claims and reducing overall tax liabilities.
Final Thoughts
With tax filing now being fully digital, taxpayers must familiarise themselves with the MyTax portal and ensure they submit their returns before the respective deadlines. Understanding available tax reliefs can help individuals maximise their claims and reduce their tax burdens. To avoid mistakes, always keep proper records, declare all sources of income, and seek expert advice when in doubt.
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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Can’t recall how taxes work? Here’s a refresher.

a00c60ca0fb213be2754fab9e393dca422ae04afd1e7724202bc162c46c0085e

Filing Your Taxes? Check Out This Guide On E-Filing & Tax Reliefs For 2024!

Singaporean personal finance expert and YouTuber Loo Cheng Chuan, widely known for his financial education initiative &lsquo;1M65&rsquo;, recently shared his thoughts on Malaysia&rsquo;s Employees Provident Fund (EPF) and how it compares to Singapore&rsquo;s Central Provident Fund (CPF). In a podcast episode of Do More &ndash; Take Charge of Your Life, Loo emphasised that EPF is a &ldquo;gold mine&rdquo; that many Malaysians fail to appreciate, highlighting its ability to generate significantly higher returns than Singapore&rsquo;s CPF.
While CPF is known for its stability, Loo argues that EPF provides a more lucrative wealth-building opportunity. He urged Malaysians to recognise the potential of EPF as a powerful financial tool that can set them up for a comfortable retirement.
EPF Outperforms CPF with Superior Returns
<img src="https://r2.myc.my/28dadc41cb00c327bc50c904986420b99fbfd2cb44a1f43ae572ad132422414a" />
One of Loo&rsquo;s key arguments in favour of EPF is its consistently high dividend rates. Over the past decade, EPF has delivered annual returns ranging from 5% to 6.7%, significantly outpacing CPF&rsquo;s returns. In comparison, Singapore&rsquo;s CPF Ordinary Account offers only 2.5% annually, while its Special and Medisave Accounts provide 4%&mdash;rates that Loo asserts barely keep up with inflation.
&ldquo;This is an insanely high return rate,&rdquo; Loo said, noting that many Singaporeans envy such returns. He explained that EPF&rsquo;s compounding effect allows retirement savings to multiply significantly over time, making it an unparalleled financial vehicle for Malaysians.
&ldquo;If you put one dollar into your EPF and let it compound for 20 to 30 years, you could easily see a return of four to five times the original amount,&rdquo; he elaborated.
Compounding Effect Makes Up for Lower Wages
A common argument against EPF is that Malaysians generally earn lower wages than Singaporeans. However, Loo argued that EPF&rsquo;s robust compounding rate makes up for the income disparity.
&ldquo;Let&rsquo;s assume EPF delivers an average return of 6.5%,&rdquo; he said. &ldquo;If you allow it to compound over 35 years, the return is nine times. If you invest SGD$100,000, it could grow into SGD$900,000 by the time you turn 65.&rdquo;
This level of compounding, he stressed, provides Malaysians with an incredible advantage in growing their retirement savings, despite the differences in income levels between the two nations.
EPF&rsquo;s Resilience Amid Economic Challenges
<img src="https://r2.myc.my/a5fe6dc929f40cefe0ac6c9ddc8d3cd590210087052ab3fd24558a7f10722354" />
Loo also addressed common concerns regarding the depreciation of the Malaysian ringgit and the country&rsquo;s political uncertainties. He reassured that EPF has demonstrated exceptional resilience through various financial and political crises over the years.
&ldquo;EPF has survived numerous challenges&mdash;the Asian Financial Crisis, the 1MDB scandal, and multiple changes in prime ministers&mdash;and yet, it continues to thrive,&rdquo; he pointed out.
He urged Malaysians to have faith in EPF&rsquo;s ability to endure and grow despite economic fluctuations, noting that its long-term track record speaks volumes about its reliability as a retirement savings fund.
Rethinking the Obsession with Property Investment
&nbsp;<img src="https://r2.myc.my/7ab3e2c688cdd6b85de3b1d68cd07786bb384e463f9eb387069febf1349759f4" />
Many Malaysians view property investment as the safest and most lucrative form of wealth accumulation. However, Loo cautioned against putting too much emphasis on real estate without considering the advantages of EPF&rsquo;s returns.
&ldquo;Malaysians are obsessed with property, but have you ever compared SGD$100,000 invested in EPF versus the same amount put into real estate over time?&rdquo; he asked. &ldquo;People underestimate the power of compounding.&rdquo;
He explained that while real estate can generate significant returns, it is also subject to market fluctuations, maintenance costs, and liquidity issues. EPF, on the other hand, provides consistent and secure growth with minimal effort.
Maximise EPF Savings for a Secure Future
<iframe src="https://www.youtube.com/embed/KlehKfN5Y6Y" width="560" height="314" allowfullscreen="allowfullscreen"></iframe>
Loo strongly encouraged Malaysians to take full advantage of EPF&rsquo;s high returns by maximising their contributions as early as possible. He also advised diversifying investments wherever feasible but stressed that EPF should remain a core component of any retirement plan.
&ldquo;This is the time to take advantage&mdash;put in as much as possible while you&rsquo;re young and let it compound without touching it,&rdquo; he advised.
He concluded by expressing admiration for Malaysia&rsquo;s EPF system, saying, &ldquo;People like us in Singapore envy such a system. EPF is one of the most incredible wealth-building machines in the world.&rdquo;
&nbsp;
*Sources: Visual and Reference Credits to Social Media &amp; various cross-references for context.
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It seems that Malaysians are sitting on an overlooked financial treasure.

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