KUALA LUMPUR: It is inappropriate to introduce the inheritance tax now despite the need for the government to widen its tax base to raise revenue, as its implementation will further dampen the property market, a real estate industry association said. The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector […]
Read MoreBUDGET 2019 is expected to be a tough one –with potential new taxes, existing tax hikes and prudent spending given the government’s commitment to tackle the nation’s debt situation. It is also the perfect time for the new government to launch reforms that are effective to future proof Malaysia and I am glad that a […]
Read MoreTHE government may consider suggestions to set a ceiling price for domestic air tickets during festive seasons if the current interim measures are not successful, says Datuk Kamarudin Jaffar. The Deputy Transport Minister said at the moment the government would not impose ceiling and floor prices for airline tickets. “We want to avoid any manipulation by airline companies as […]
Read MoreKUALA LUMPUR: The Malaysian Investment Development Authority (Mida) recorded a 35.3% increase in foreign investments to RM26.5bil in the first half of this year, mainly in the manufacturing and primary sector. Mida said in astatement that China was the largest major investor this year as foreign investments increased from RM19.6bil in the previous corresponding period. […]
Read MoreFINANCIAL security in old age has never been more important, what with declining birth rates and increasing longevity. For many Malaysians and Asians who in the past used to depend on their children and grandchildren as a primary source of income post retirement, the pressure is increasing as people are living longer but having fewer […]
Read MoreThe Malaysian passport has been ranked fifth among the best passports in the world in terms of visa-free or visa-on-arrival access to other countries by the Global Passport Power Rank 2018. This ranking is compiled by Montreal-headquartered financial advisory firm Arton Capital which focuses on citizenships by investment. In the ranking, the Malaysian passport compares favourably […]
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