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KUALA LUMPUR (Oct 29): The government is currently considering options to reduce the reliance on direct taxes and widen the revenue base by shifting to consumption-based tax under the Medium-Term Revenue Strategy (MTRS) framework.

KUALA LUMPUR (Oct 29): Covid-19 has had a scarring impact on incomes, giving rise to the emergence of new vulnerable groups while compounding existing issues of under-underemployment and youth unemployment in the nation, the Ministry of Finance (MoF) said.

PUTRAJAYA (Oct 29): The Federal Court on Friday (Oct 29) fixed Feb 16 next year to hear the appeals of former premier Datuk Seri Najib Razak (pictured) and his son Datuk Nazifuddin Najib over the summary judgement entered against them over unpaid taxes of RM1.

Malaysia’s retail industry has been heavily impacted by the Covid-19 outbreak in 2020.

KUALA LUMPUR (Oct 29): Going by hints dropped by Prime Minister Datuk Seri Ismail Sabri Yaakob, Budget 2022 to be tabled at 4pm on Friday will not only be expansionary and sizeable, but also one that puts the need to quickly return lives and livelihoods back to pre-Covid-19 levels first before executing plans to pare down government debt and beef up tax collection.

KUALA LUMPUR (Oct 28): Maxim Global Bhd, formerly known as Tadmax Resources Bhd, is buying a piece of leasehold land measuring 9,775 sq m in Setapak for RM25.

PETALING JAYA (Oct 28): Kuala Lumpur is brimming with creativity and opportunities, according to the panellist at a fireside conversation on Kuala Lumpur as a unique city on Oct 27.

PETALING JAYA (Oct 28): Some of the early buyers of the One Jesselton Condominium in Kota Kinabalu, Sabah have found themselves in limbo after years of waiting as their units, which were supposed to have been handed over to them in 2018, are now still under construction.

KUALA LUMPUR (Oct 28): Robert Kuok, Malaysia’s richest man, fell off the top 100 list of the Bloomberg Billionaires Index as his wealth evaporated slightly compared to six months ago, while banker Tan Sri Dr Teh Hong Piow dropped to number 380 in the same period despite adding to his wealth.

KUALA LUMPUR (Oct 27): Only 1.