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Malaysia: Tax reprieve in sight

PETALING JAYA: Companies that have been slapped with additional taxes by the Inland Revenue Board (IRB) may not be as badly impacted as initially envisaged. According to sources, most of the companies have been negotiating with the IRB and are close to settling the issue and they do not have to pay the high taxes […]

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Malaysia: Retail sector enters consolidation phase

PETALING JAYA: The retail sector is entering a consolidation phase with retailers re-strategising in order to adapt to new challenges, the Association of Complexes Management Malaysia said. Also known as Persatuan Pengurusan Kompleks Malaysia, its president Tan Sri Eddy Chen said the recent revision of the Overnight Policy Rate by 25 basis point is decidedly […]

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