PETALING JAYA: Coca-Cola Bottlers Malaysia, which has made an accumulative investment of RM1.5bil, is not ruling out further significant investments in the country in a move by the international bottler to strengthen its market presence. Chief executive officer for Malaysia, Singapore and Brunei Gareth McGeown told StarBiz that the company had made the accumulative investment since 2010, […]
Read MoreAfter effectively scrapping the unpopular six-per cent goods and services tax (GST) on June 1, Malaysia’s new government will re-introduce a refined sales and services tax (SST) in September, giving its citizens a break of just three months from such a general tax. Abolishing the GST was one of the key promises of Prime Minister […]
Read MorePETALING JAYA: The reintroduction of the sales and services tax (SST) in September this year will see lower prices of goods in general, but there could be a potential spike in the prices of some items, including the cost or charges for services rendered. Tax Advisory and Management Services Sdn Bhd tax consultant Yong Min […]
Read MoreKUALA LUMPUR: MyHSR Corp Sdn Bhd has suspended further negotiations with the project delivery partners (PDPs) for the KL-Singapore high speed rail (HSR) development following the Government’s decision to cancel the project. Gamuda Bhd and Malaysian Resources Corp Bhd, in separate filings with Bursa Malaysia today, said they received the letter from MyHSR today informing that all further […]
Read MoreKUALA LUMPUR: CIMB Equities Research remains cautious about the construction sector after over RM100bil worth of upcoming rail projects have been cancelled over the past three days. The projects which have been axed are the High Speed Rail (HSR) and the MRT 3, it said on Thursday. With HSR and MRT 3 off the table, […]
Read MoreKUALA LUMPUR: Malaysia may collect up to $2.3 billion more in taxes and dividends from Petroliam Nasional Berhad, or Petronas, this year, a finance ministry official said on Wednesday, as firmer oil prices boost profits at the state energy firm. The new administration led by Tun Dr Mahathir Mohamad is relying more on Petronas – a […]
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