GST U-turn unnecessary, but SST can be improved
Doing so may also lead to price increases and profiteering again on top of the government being accused of flip-flopping on its policies and causing the loss of business confidence.
HR Minister to meet rubber glove makers after US bans WRP Asia
CBP’s statement did not mention any other Malaysian glove maker other than WRP Asia, but the enforcement agency’s actions appear to have woken up the sector to a potential ban of companies falling foul of international labour standards.
Mat Sabu comes out in defence of LTAT over low dividend payout
“For LTAT to declare higher dividends, it requires a good return on its investments. Unreasonable investments by the previous leadership resulted in lower returns for the year.”
TSR Capital starts arbitration proceedings against YTL
TSR Capital said SPYTL had wrongfully terminated the subcontract awarded to its wholly-owned subsidiary TSR Bina Sdn Bhd.
Minority shareholders block Lafarge Malaysia’s RM3.5b RPTs with YTL
Only 23.96%, representing 22.07 million shares, voted in favour of the resolution, while 76.04% or 70.03 million shares voted against it.
Keeping fingers crossed for measures to spur property market
Industry players are pleading for a further one-year extension of the Home Ownership Campaign (HOC). This is top on the wish list of most developers for Budget 2020.
Household debt still 'elevated' at 82% of GDP, driven by residential property loans
Bank Negara: Although most households continue to be able to comfortably service their debt, pockets of risks remain.
'Above affordably priced unsold property units pile up'
On commercial properties, the central bank warns of escalating vacancy rate in office space and shopping malls.
.png)
Govt to liberalise power industry
The government will now stop approving new independent power production projects that come with power purchase agreements.
