PUTRAJAYA, Aug 8 (Bernama) — Farmers, smallholders, fishermen, livestock and poultry breeders, and others in the food aquaculture sector are entitled to impose a two per cent flat rate charge on registered buyers under the Goods and Services Tax (GST). Deputy Finance Minister Datuk Chua Tee Yo …
Read More »Business : What’s Next For Malaysia Airlines?
By Farhana Poniman KUALA LUMPUR, Aug 8 (Bernama) — Malaysia Airlines (MAS), the country’s national carrier, has undoubtedly gone through much turbulence in the past. Now, with the proposed de-listing of its shares from Bursa Malaysia, the question that beckons is where it is headed finan …
Read More »Business : MAS Needs To Focus On International Routes Under Business Revamp Plan — Abang Johari
KUCHING, Aug 1 (Bernama) — Malaysia Airlines (MAS) has been advised to focus on international routes if it plans to undertake a business restructuring exercise. Sarawak Tourism Minister, Datuk Amar Abang Johari Tun Openg, said MAS needed ‘niche’ routes in its efforts to boost reven …
Read More »What teachers do after work is their business FREE YOURSAY ‘Instead of improvin…
What teachers do after work is their business FREE YOURSAY ‘Instead of improving education standards, they are spying on teachers.’ What teachers do after work is their business
Read More »Business : Ministry Receives Feedback In Formulation Of Budget 2015
PUTRAJAYA, July 24 (Bernama) — The Finance Ministry has received feedback from the public and private sectors on ways to enhance Malaysia’s quality of life and happiness index in the formulation of Budget 2015. Deputy Finance Minister, Datuk Chua Tee Yong, said Malaysia was ranked 56th o …
Read More »Business : Boeing Reports One Per Cent Increase In Q2 Revenue To US$22 Billion
KUALA LUMPUR, July 24 (Bernama) — The Boeing Company reported a one per cent increase in second quarter revenue to US$ 22 billion reflecting higher commercial deliveries. In releasing its financial results for the quarter ended June 30, 2014, the global aviation company said that backlog remai …
Read More »Business : Westports Posts Higher Pre-tax Profit In First Six Months
KUALA LUMPUR, July 23 (Bernama) — Westports Holdings Bhd posted a higher pre-tax profit of RM280.34 million for its first six months ended June 30, 2014, from RM251.95 million recorded in the same period last year. Revenue rose to RM772.18 million versus RM750.08 million a year ago while its b …
Read More »Business : Matrade Advises Exporters To Keep An Eye On Canada’s New Halal Guideline
KUALA LUMPUR, July 21 (Bernama) — Malaysian exporters are advised to keep an eye on the new halal guideline in Canada, said Malaysia External Trade Development Corp (Matrade). In a statement Monday, Matrade said the Canadian government has introduced a new guideline on labelling of halal food …
Read More »Business : MIDA Eyes RM55 Bln Investments In Manufacturing And Related Service Sectors
KUALA LUMPUR, July 18 (Bernama) — The Malaysian Investment Development Authority (MIDA) is confident of attracting at least RM55 billion worth of investments in the manufacturing and related service sectors this year compared with RM52 billion last year. Minister of International Trade and Ind …
Read More »Business : MIDA: Self-declaration Process For Tax Exemption Improves Business Efficiency
KUALA LUMPUR, July 17 (Bernama) — The self-declaration mechanism for tax exemption has improved efficiency, saved time and reduced the cost of doing business in Malaysia, said Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Azman Mahmud. He said the mechanism wa …
Read More »Business : Boeing, Hainan Airlines Announce Commitment for 50 737 MAX 8s
KUALA LUMPUR, July 17 (Bernama) — Boeing and Hainan Airlines on Wednesday July 16, 2014 announced that the two companies are finalizing terms and working toward a purchase agreement for 50 737 MAX 8s, reaffirming the Chinese airline’s preference for an all-Boeing single-aisle fleet. The …
Read More »Business : Boeing, Qatar Airways Finalize Order for 50 777Xs
Boeing and Qatar Airways have finalized an order for 50 777-9Xs, valued at US$ 18.9 billion at current list prices. The 777X order was first announced as a commitment at the 2013 Dubai Airshow and part of the largest product launch in commercial jetliner history. In addition, the airline announced a …
Read More »Business : Boeing Decides Key Elements of 777X Passenger Experience
Boeing announced on Tuesday, July 15, 2015 at the Farnborough Airshow new details about the innovative passenger experience being created for its newest long-haul twin-aisle airplane – the 777X. By building on the award-winning passenger-preferred interior of today’s 777 and applying 787 …
Read More »YOURSAY | Gov’t must show intruders we mean business: ‘Can gunmen walk in and ou…
YOURSAY | Gov’t must show intruders we mean business: ‘Can gunmen walk in and out of Sabah anytime, anywhere?’ Full story: http://www.malaysiakini.com/news/268644 [FREE] Gov’t must show intruders we mean businesswww.malaysiakini.comFREE YOURSAY ‘Can gunmen walk in and out of Sabah anytime, anywhere? …
Read More »Business : Appeal To GST Monitoring Committee Over Exorbitant Charges, Consumers Told
KUALA LUMPUR, July 11 (Bernama) — Consumers have been advised to lodge an appeal with the Goods and Services Tax (GST) Monitoring Committee over exorbitant charges when the tax system is implemented on April 1 next year. Executive Director of Tax Advisory and Management Services Sdn Bhd Yong P …
Read More »