SST can cut consumption tax by half, says Guan Eng

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.

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No major changes seen in new SST regime

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.

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MoF unit sounds warning on ECRL lay-offs

KUALA LUMPUR: A ministry of finance (MoF) unit has cautioned China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL), the main contractor of the suspended East Coast Rail Link (ECRL) project, against its rapid lay-offs following the suspension.

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Western Digital plans to sell PJ factory

PETALING JAYA (July 18): Western Digital is planning to sell its hard disk drive (HDD) manufacturing facility site at the Sungei Way Free Trade Industrial Zone, Petaling Jaya, where the company has been operating for over two decades, it is learnt.

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