News about M

KUALA LUMPUR (Jul 19): The upcoming sales and services tax (SST) will only be imposed on 38% of the Consumer Price Index (CPI) basket of goods, as compared to 60% by the goods and services tax (GST).

KUALA LUMPUR (July 19): Royal Malaysian Customs Director-General Datuk Seri Subromaniam Tholasy (pictured) said today that the comeback of the sales and services tax (SST) come Sept 1, deemed "SST 2.

KUALA LUMPUR (July 19): Putrajaya has conceded that the sales and services tax (SST) system is not as transparent as the goods and services tax (GST), but stressed that the former is able to reduce Malaysian consumption tax by half.

KUALA LUMPUR (July 18): Council of Eminent Person's chairman Tun Daim Zainuddin has just met China's Foreign Affairs Minister Wang Yi in Beijing today.

KUALA LUMPUR (July 17): It started with 64 plots of land but the graft busters are now zeroing in their probe to 16 plots.

GOMBAK (July 18): LBS Bina Group Bhd (LBS) is targeting to launch two landed property projects in the Klang Valley with a combined GDV of some RM962 million within the next two months, said group managing director Tan Sri Lim Hock San.

KUALA LUMPUR (July 18): Advancecon Holdings Bhd has bagged its second earthworks contract worth RM20.

KUALA LUMPUR (July 17): The 150 families who have not been allowed to move to the Seri Aman PPR flats have either not settled their outstanding rental and utility bills while living in the Jinjang Utara longhouse or have problems in their paperwork and loan application, reported The Star today.

KUALA LUMPUR (July 17): The light rail transit Line 3 (LRT3) project is a mini 1Malaysia Development Bhd (1MDB) scandal due to the opaque nature of the transactions pertaining to the megaproject, said Finance Minister Lim Guan Eng.

KUALA LUMPUR (July 17): Pasdec Holdings Bhd chief executive officer (CEO) Datuk Zuber Shamsuri will step down from his post following the expiry of his contract today.