IPOH: The government will start implementing minimum wage according to sectors in the next two years, said Human Resources Minister M Kula Segaran. He said under the National Wages Consultative Council Act (NWCC) 2011, a review of the minimum wage should be carried out every two years. “Many people are unaware that matters on wages […]
Read MorePETALING JAYA: The Goods and Services Tax (GST) should be brought back to replace the Sales and Service Tax (SST), says Gerakan. Its president Datuk Dr Dominic Lau Hoe Chai said GST was a good tax policy and implemented in more than 170 countries, including Germany and the United Kingdom. However, he suggested that GST be […]
Read MoreKUALA LUMPUR: AirAsia Group Bhd flipped to a net loss in the fourth quarter, its first quarterly loss in more than three years as higher fuel prices and operating lease costs dented income. To boost revenue, the chief executive of Asia’s largest budget carrier said the group would step up efforts to sell more travel services on […]
Read MoreMELBOURNE: Auditors to rare earths producer Lynas Corp flagged a material risk to its business on Thursday, after Lynas said it could not meet a timeline from Malaysian regulators to export a waste product before its operating licence comes up in September. In December, Malaysia’s Atomic Energy Licensing Board (AELB) told Lynas – the world’s […]
Read MoreMalaysian-based WA Hospitality has been awarded a contract to manage Won Majestic Casino Hotel & Resort Cambodia, an upscale property in Sihanoukville now under construction. This is the first overseas management contract won by WA Hospitality, which was established in 2015 as a subsidiary company of UK’s World Avenues, according to TTG Asia. Won Majestic […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures dropped over 1 percent at the close of trade on Tuesday, hitting their lowest levels in nearly six weeks, pressured by weaker soyoil prices and a forecast that February palm output will be higher than usual. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 1.4 percent at […]
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