The Goods and Services Tax (GST) to be implemented on April 1 next year will not affect the jewellery industry although customers are imposed a six percent tax. GST won’t affect jewellery industry, says unionwww.malaysiakini.com'After two years the country’s jewellery industry will return to no …
Read More »Business : Government Expects Construction Sector To Sustain Double-digit Growth This Year
KUALA LUMPUR, Sept 18 (Bernama) — The government expects the construction sector to sustain double-digit growth this year, riding on massive ongoing construction projects and potential new investments from the private sector. Minister of Works Datuk Fadillah Yusof said in the first half of thi …
Read More »Sony Corp. widened its full year net loss forecast to 230 billion yen (RM6.9 bil…
Sony Corp. widened its full year net loss forecast to 230 billion yen (RM6.9 billion) from a 50 billion yen loss and suspended its dividend Sony widens loss forecast amid smartphone competitionwww.kinibiz.comSony Corp. widened its full year net loss forecast to 230 billion yen (RM6.9 billion) from a …
Read More »Business : Ahmad Jauhari’s Contract As MAS’ MD/CEO Extended For A Year
Ahmad Jauhari Yahya KUALA LUMPUR, Sept 15 (Bernama) — The contract of Ahmad Jauhari Yahya as managing director/group chief executive officer (CEO) of Malaysia Airlines (MAS) has been extended for a year from Sept 20, 2014 to Sept 19, 2015. MAS announced this in a statement to Bursa Malaysia to …
Read More »Business : SEDA Offers PV Quotas For Individuals Unsuccessful In Bids This Year
PUTRAJAYA, Sept 12 (Bernama)– The Sustainable Energy Development Authority Malaysia (SEDA) has offered to allocate solar photovoltaic (PV) quotas next year to individuals who were unsuccessful this year. Its chief executive officer, Catherine Ridu, said there were insufficient quotas to meet t …
Read More »Business : MoA Plans 3 Overseas Agrobazaar Outlets Next Year
KUALA LUMPUR, Sept 11 (Bernama) — The Ministry of Agriculture and Agro-based Industry plans to open three overseas Agrobazaar outlets next year, one each in Hong Kong, Dubai and London, after Malaysia’s first such outlet opened in Singapore in June. Hong Kong is the gateway to China and …
Read More »The goods and services tax (GST) that will be implemented in April next year and…
The goods and services tax (GST) that will be implemented in April next year and other possible price hikes of commodities will have an impact on the Malaysian economy, a chamber of commerce warned today. The possibilities of fuel subsidy abolition and a further increase in electricity tariffs would …
Read More »General : Malaysia To Apply Syariah Index From Next Year – Najib
PUTRAJAYA, Aug 28 (Bernama) — The Syariah index to gauge a country’s achievements in the implementation of Islamic law requirements will be applied beginning January next year, said Prime Minister Datuk Seri Najib Tun Razak. He said a comprehensive index was being developed through an ef …
Read More »KINIBIZ The airline's net loss for the first half of the year ending June is RM7…
KINIBIZ The airline's net loss for the first half of the year ending June is RM750mil. MH370 dents MAS' second quarter earnings
Read More »General : No Merdeka Eve Celebration In Negeri Sembilan This Year
SEREMBAN, Aug 27 (Bernama) — There will be no Ambang Merdeka (Merdeka Eve) celebration in Negeri Sembilan this year, Menteri Besar Datuk Seri Mohamad Hasan said. He said, normally, the Merdeka Eve celebration would involve firework display and concert, but it had to be called off this year as …
Read More »General : More Than 30 Compounds Issued, 10 Permits Revoked This Year – Sabah CVLB
KOTA KINABALU, Aug 25 (Bernama) — The Sabah Commercial Vehicle Licensing Board (CVLB) has issued more than 30 compounds and revoked the permit of about 10 public transport companies and operators in the state this year. Its chairman, Datuk Mohammad Yusof Apdal, said the action was taken agains …
Read More »Video KiniTV The GDP for Malaysia grew to 6.4% in the second quarter of the year…
Video KiniTV The GDP for Malaysia grew to 6.4% in the second quarter of the year driven in part by higher exports and strong domestic demands. According to the Governor of Bank Negara Malaysia, Dr Zeti Akhtar Aziz, the very strong export performance was better than expected and it is very likely tha …
Read More »General : 40,715 Applications For Voter Registration Second Quarter This Year – EC
PUTRAJAYA, Aug 4 (Bernama) — The Election Commission (EC) has received a total of 40,715 applications for registration as electors during the voter registration exercise the second quarter of this year from April up to June 2014. Of the total, 31,998 applications were for registration of new e …
Read More »Sony said operating profit in the 1Q of its fiscal year surged to 69.8 billion y…
Sony said operating profit in the 1Q of its fiscal year surged to 69.8 billion yen (RM2.2 billion) from 35.5 billion yen a year earlier, easily beating the 16.6 billion yen expected Sony Corp’s 1Q profit doubles to RM2.2 bil Japan's Sony Corp said operating profit doubled in the April-June quar …
Read More »Amazon, which opened its Indian website in June last year, has drawn up the batt…
Amazon, which opened its Indian website in June last year, has drawn up the battle lines by slashing prices, launching same-day delivery, adding new product categories and embarking on a high-voltage advertisement campaign. Amazon to invest RM6.4 bil in India's e-commerce sectorwww.kinibiz.comA …
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