[KUALA LUMPUR] Malaysia’s consumer price index rose at its slowest pace in more than three years in June, following the withdrawal of a goods and services tax (GST), government data showed on Wednesday. The inflation rate in June was at 0.8 per cent, its lowest since February 2015, when it was at 0.1 per cent. […]
Read MoreKUALA LUMPUR: The reintroduction of the sales tax between 5% and 10% on selected manufactured and imported products and 6% services tax on selected services could possible reduce the overall tax burden, says AmBank Research. It said on Wednesday the SST, which will come into effect on Sept 1, is unlike the Goods and Services […]
Read MorePETALING JAYA: The new sales and services tax (SST) is likely to cover a wider range of goods and services compared with the old SST system to generate more income for the government. “The coverage of the new SST, especially the service tax, would likely widen due to the narrow scope of the old SST. […]
Read MoreKUALA LUMPUR: The provision of services will be taxed at 6% under the reintroduced sales and services tax (SST), while the sale of goods will incur a 10% tax, said Finance Minister Lim Guan Eng. He said that the SST would be implemented on Sept 1 after the necessary laws are passed in the current […]
Read More“THE fact that, as a startup, we’ve made it past 200 applicants worldwide and into the finals shows recognition on the importance and urgency of resolving the plastic waste problem worldwide,” says co-founder of Klean, Datuk Mohamad Arif Abdullah. Klean, a Malaysian-based startup, was one of the six finalists for The Liveability Challenge which aims […]
Read MoreCurrently, the ceiling price for coarse grain sugar (Gula Pasir Kasar) is set at RM2.95 per kg and fine granulated sugar (Gula Pasir Halus) is set at RM3.05 per kg. In Malaysia, the two largest sugar refiners – MSM under FGV Holdings Bhd and CSR under Tradewinds (M) Bhd – operating five sugar refinery plants, […]
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