Tag Archives: Business

By Nik Nurfaqih Nik Wil KUALA LUMPUR, July 11 (Bernama) — Come April 1 next year when the Goods and Services Tax(GST) is implemented, consumers are advised to be extra careful when purchasing items or securing a service. This, according to the Royal Malaysian Customs Department, is to avoid pa …

By Mohd Iswandi Kasan Anuar & Azizul Ahmad KUALA LUMPUR, July 11 (Bernama) — Registered retailers who derive cost savings from the Goods and Services Tax (GST) should pass them on to consumers or else it is going to be an unreasonable profit, says Royal Malaysian Customs Department Assista …

Boeing announced the launch of its new Space Bins on July 10, 2014, which provide more room for carry-on bags. Space Bins are now available as an optional feature on new Next-Generation 737s and 737 MAX airplanes. Each of the larger Space Bins will stow six bags, two more than the current pivot bins …

Datuk Seri Ahmad Husni HanadzlahBy Mohd Iswandi Kasan Anuar KUALA LUMPUR, July 10 (Bernama) — The government will decide on the subsidy rationalisation programme by the fourth quarter of this year and to be implemented in 2015, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah. By …

By Mohd Khairi Idham Amran KUALA LUMPUR, July 10 (Bernama) — The demand for Goods and Services Tax (GST) software is expected to drive the growth of the computer industry by between eight and 10 per cent this year, says Tax Advisory And Management Services Sdn Bhd (TAMS). Executive director Yo …

Datuk Seri Ahmad Husni HanadzlahBy Mohd Iswandi Kasan Anuar KUALA LUMPUR, July 10 (Bernama) — The government can reduce the dependency on direct taxation as well as simplify the tax system by implementing the Goods and Services Tax (GST), says Second Finance Minister, Datuk Seri Ahmad Husni Ha …

By Haslinda Zainal KUALA LUMPUR, July 10 (Bernama) — The Domestic Trade, Cooperatives and Consumerism Ministry is preparing a database on 10,000 products per parliamentary constituency to study the impact of the Goods and Services Tax (GST) when it is implemented on April 1, 2015. Second Finan …

KUALA LUMPUR, July 8 (Bernama) — The government is still studying a proposal to abolish the approved permit (AP) policy for the import of vehicles, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed. “When we look deeper, we find that it is a little difficult, ther …

KUALA LUMPUR, July 7 (Bernama) — The conditional Block Exemption Order (BEO) granted by the Malaysia Competition Commission (MyCC) for liner shipping agreements in December last year, which was published in the Gazette on July 4, 2014, and has taken effect from today. In a statement today, MyC …

KUALA LUMPUR, July 7 (Bernama) — The Malaysia External Trade Development Corporation (Matrade) will lead 10 Malaysian companies to the Semicon West 2014 in San Francisco, United States (US) from July 8-10. The participation in the premier event for global microelectronics industry is to promot …

Datuk Yong Soo HeongKUALA LUMPUR, July 3 (Bernama) — Participants attending the National Goods and Services Tax (GST) Conference 2014 on July 10 & 11 can claim a refund from the Human Resources Development Fund (HRDF). “We are very delighted to have obtained approval from the Human R …

JOHOR BAHARU, July 3 (Bernama) — The Sultan of Johor, Sultan Ibrahim Ismail Sultan Iskandar on Thursday welcomed the entry of more foreign investments to the state. The entry of foreign investments could change the landscape of the state, besides providing benefits from the economic and job op …

PUTRAJAYA, July 3 (Bernama) — The government will take stern action those who increase prices after the implementation of the Goods and Services Tax (GST) on April 1, 2015, says Finance Ministry Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah. He said those who sell goods and provide …

KUALA LUMPUR, July 3 (Bernama) — Boeing today confirmed that the new 787-9 Dreamliner and the P-8A Poseidon will participate for the first time in flying displays at the Farnborough International Airshow, which runs July 14-20. This year s airshow marks the 40th anniversary of Boeing’s p …

From Zarul Effendi Razali KOCHI (India), July 2 (Bernama) — The Ministry of Plantation Industries and Commodities is looking to adapt the Indian Rubber Board’s (IRB) strategies in facing the global weakness in rubber prices. Its minister, Datuk Amar Douglas Uggah Embas said that he was i …