Vape tax far lower than that imposed on tobacco
KUALA LUMPUR, 29 Nov 2020: The proposed tax value for the vape industry is far from what the government has imposed on the tobacco industry, said MQ Consultant. Despite the …
Petronas’ 9-month net loss worsens to RM19.9 billion
KUALA LUMPUR, 27 Nov 2020: Petronas posts net loss of RM3.4 billion for the third quarter (3Q) ended 30 Sept 2020 as compared to net profit of RM7.4 billion in …
Singapore awards 1st RTS contract for rail link to JB
SINGAPORE, 27 Nov 2020: Singapore has awarded the first of two civil contracts for the construction of the Johor Bahru-Singapore Rapid Transit System (RTS) Link to Penta-Ocean Construction Co Ltd …
EPF i-Sinar withdrawal now open to all contributors
KUALA LUMPUR, 26 Nov 2020: The Employees Provident Fund’s (EPF) i-Sinar facility is now open to all EPF contributors whose income has been affected by the Covid-19 pandemic while the …
No more cheques allowed for tax payments from Jan 1
KUALA LUMPUR, 26 Nov 2020: The Inland Revenue Board will stop receiving payments made via posted cheques from Jan 1 next year. In a statement today, IRB said from that …
Zafrul: No new taxes or GST for now
KUALA LUMPUR, 24 Nov 2020: The introduction of any new taxes will only be implemented when the economy has recovered, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today. …
Over 200 tourism, operators closed in pandemic fallout
KUALA LUMPUR, 23 Nov 2020: A total of 204 tourism and hotel operators have closed their business since March this year due to the impact of the Covid-19 pandemic and …
Kanger gets nod to supply China’s Covid-19 vaccine in Malaysia
KUALA LUMPUR, 23 Nov 2020: Kanger International Bhd said it has received support from Ministry of Science, Technology and Innovation Malaysia (MOSTI) to purchase Covid-19 vaccines for private sector use …
Surprising Black Friday purchase trends in Malaysia
KUALA LUMPUR, 23 Nov 2020: For years, US-centric Black Friday sales – which falls on Nov 27 this year – draws in crowds of consumers who are making the best …
No onions shortage as Malaysia imports from 29 sources
PUTRAJAYA, 23 Nov 2020: Malaysia imports onions from various countries and does not rely on a single source – to ensure there is enough supply in the local market, said …