Non-payment of GST refunds needs finance minister’s nod
KUALA LUMPUR: Only the finance minister has the authority to extend the two weeks given to the Royal Customs Department to refund goods and services tax (GST) inputs paid by businesses.
Reports say Singapore has not agreed to defer HSR
KUALA LUMPUR (August 25): Singapore has not yet agreed to defer the Kuala Lumpur-Singapore High Speed Rail (HSR) project, reported the Straits Times.
So far, so good?
Malaysia’s 61st National Day celebrations hold new meaning for our country and its people after the historic change in government following the 14th General Election on May 9.
Celebrating a new Malaysia
Malaysia’s coming 61st National Day promises to be like no other.
Country Garden considers increasing investments in Malaysia
PETALING JAYA (Aug 24): Hong Kong-listed property developer Country Garden Holdings founder and chairman Yeung Kwok Keung is confident in Malaysia’s economic prospects under the new government and plans to enlarge its investments in Malaysia, according to a report by Chinese daily Nanyang Siang Pau.
Jho Low: Equanimity 'quick fire sale' unlikely to fetch fair market value
KUALA LUMPUR (Aug 24): A spokesman for Low Taek Jho, through his attorneys, issued a statement today saying the Malaysian government's immediate plan to sell the yacht Equanimity at a public auction is unlikely to get a fair market value for the asset due to the yacht's maintenance cost.
BN govt agreed to higher payout for AES takeover
KUALA LUMPUR (August 24): The previous Barisan Nasional (BN) administration proposed to take over the Automated Enforcement System (AES) project from the Armed Forces Fund Board (LTAT) in November last year, said LTAT ex-chairman Tan Sri Mohd Anwar Mohd Nor.
ECRL and HSR cost too much, mean too little — Liew Chin Tong
KUALA LUMPUR (Aug 23): The Kuala Lumpur-Singapore High Speed Rail (HSR) and the East Coast Rail Link (ECRL) projects cost too much and mean very little to Malaysia in terms of connectivity and regional strategy, according to Deputy Defense Minister Liew Chin Tong.
Dr Mahathir: ECRL, two gas pipeline projects will be cancelled
BEIJING (Aug 21): Prime Minister Tun Dr Mahathir Mohamad said today Malaysia's proposed East Coast Rail Link (ECRL) and two gas pipeline projects will be cancelled due to the government's fiscal position.
Daim: The government knows where Jho Low is
KUALA LUMPUR (Aug 21): The government is aware of and knows the whereabouts of businessman-turned-fugitive Low Taek Jho (pictured), or better known as Jho Low, who has been linked to the financial troubles at beleaguered 1Malaysia Development Bhd (1MDB), according to former finance minister Tun Daim Zainuddin.
