Putrajaya postpones targeted fuel subsidy programme until further notice
KUALA LUMPUR (Dec 30): The government is postponing the implementation of the targeted fuel subsidy programme, which was slated to begin in January 2020.
From Jan 1, 2020: 6% digital tax on foreign digital services
KUALA LUMPUR (Dec 30): Based on a Budget 2019 announcement, a 6% service tax would be imposed on foreign digital services effective Jan 1, 2020.
Saifuddin: No such thing as RM5,700 parking allowance for ministers
KUALA LUMPUR (Dec 26): Foreign Affairs minister Datuk Saifuddin Abdullah has rubbished claims that Cabinet ministers were provided with a monthly RM5,700 parking allowance.
Furniture players: 2019 a tough year for local sales, 2020 likely to be better
KUALA LUMPUR (Dec 16): Local furniture players, many of whom are lamenting that they are having a tough year with most experiencing a drop in domestic sales, are keeping an optimistic outlook for next year.
Labour shortage stopping furniture makers from taking more orders
KUALA LUMPUR (Dec 16): Although the US-China trade war has opened up opportunities for local furniture businesses, they are unable to fully seize these opportunities due to labour shortage issue, according to Kuala Lumpur and Selangor Furniture Association (KSFA) president Datuk Eric Lee.
Abdul Rahim Mohd Zin resigns as KUB managing director
KUALA LUMPUR (Dec 13): KUB Malaysia Bhd has announced the resignation of president and managing director Datuk Abdul Rahim Mohd Zin, and that group chief financial officer (CFO) Ahmed Fairuz Abdul Aziz will take the helm, effective today.
Former chief justice Richard Malanjum is now Berjaya Land chairman
KUALA LUMPUR (Dec 10): Former chief justice Tan Sri Richard Malanjum has been made the independent and non-executive chairman of Berjaya Land Bhd (BLand), effective yesterday.
Mulpha International suffers big losses, dragged down by RM315m impairment in 3Q
KUALA LUMPUR (Nov 30): The whopping RM315.
Boustead posts loss in 3Q on impairments in heavy industries and property divisions
KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.
Genting 3Q profitable on absence of RM1.83b impairment loss
KUALA LUMPUR (Nov 29): Genting Bhd posted a net profit of RM305.
