Consumer, business sentiments hitting new highs — MIER
KUALA LUMPUR (July 20): Expectations of higher income, greater employment and low inflation catapulted Malaysia’s consumer sentiment index (CSI) to a 21-year high of 132.
KUALA LUMPUR (July 20): Expectations of higher income, greater employment and low inflation catapulted Malaysia’s consumer sentiment index (CSI) to a 21-year high of 132.
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): Service tax on credit or charge cards, which was scrapped when the goods and services tax was implemented back in 2015, has made its way back in the proposed new model for the sales and services tax (SST), which is deemed SST 2.
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 19): The sales and services tax (SST) to be reintroduced on Sept 1 is not expected to be significantly different from the one previously in place based on the government’s projection of full-year takings, according to tax experts.
KUALA LUMPUR (June 26): The Malaysian Retail Chain Association (MRCA) is keeping its target for the country’s overall retail sales growth this year at 4.
SUBANG (May 30): The zero rating of the goods and services tax (GST) that is to take effect from June 1 is seen as a positive for the property market as it would encourage people to buy properties, said Paramount Corp Bhd.
PETALING JAYA (May 17): Taxation consultants lauded the government’s move of zero-rated GST as it will improve the ease of doing business in Malaysia and lessen the hassle for developers, especially those who have mixed-use developments.
ASIAN Retail Mall Fund II (ARMF), which owns the SStwo Mall in Petaling Jaya, is believed to be seeking a buyer for the retail asset as an earlier plan to redevelop the site has been shelved.