By Niam Seet Wei
KUALA LUMPUR, Aug 18 (Bernama) -- The government could consider incorporating positive elements of the goods and services tax (GST), such as broadening exemptions, into the existing sales and service tax (SST) to reduce cascading taxes, said a tax expert.
KUALA LUMPUR, Aug 18 (Bernama) -- The MADANI Government has made progress in governance reform, national competitiveness and efforts to raise the people’s living standards over the past three and a half years, guided by the three pillars of Good Governance in Public Administration, Raising the Ceiling and Raising the Floor.
PUTRAJAYA, Aug 18 (Bernama) -- The government is prepared to study a proposal to combine elements of the Goods and Services Tax (GST) with the Sales and Service Tax (SST) to ensure the country's taxation system is more progressive, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Aug 18 (Bernama) -- Budget 2027 must heed the voice of the people and meet their aspirations by driving the country’s development and improving the people’s well-being, said Prime Minister Datuk Seri Anwar Ibrahim.
PUTRAJAYA, Aug 18 (Bernama) -- Malaysia's impressive economic growth in the first half of the year, which exceeded Bank Negara Malaysia's 2026 gross domestic product (GDP) projection of four to five per cent, demonstrates the resilience of the country's economy.
PUTRAJAYA, Aug 18 (Bernama) -- Budget 2027 will continue to focus on efforts to strengthen the nation’s economic resilience, protect the people’s well-being and implement measures to enhance fiscal sustainability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Aug 18 (Bernama) -- The chances of Lembaga Tabung Haji (TH) recovering the entire outstanding 899 million Saudi riyal (1 Saudi riyal=RM1.09) arbitration award from Al-Rawda Real Estates Development & Project Management Co Ltd are slim, said an expert.
BANGKOK, Aug 17 (Bernama) -- Thailand’s economy grew 1.9 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), slowing from 2.8 per cent growth in 1Q 2026, according to the National Economic and Social Development Council (NESDC) report on Monday.
GEORGE TOWN, Aug 17 (Bernama) -- Celestica Inc is set to expand its workforce in Malaysia by more than 2,100 employees as global demand for artificial intelligence (AI) infrastructure and cloud computing continues to accelerate.
KUALA LUMPUR, Aug 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Afiza Abdullah as its chief executive officer (CEO) for a three-year term, effective Aug 28, 2026, succeeding Rafiz Azuan Abdullah, who has led the organisation for nine years.
KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.
GEORGE TOWN, Aug 16 (Bernama) -- Penang plans to shift from its current dominance in assembly and testing activities towards high-value upstream activities such as chip design, system architecture and prototype development, in a bid to become a leading semiconductor design hub in ASEAN by 2040.
