News about goods

KUALA LUMPUR (Nov 2): Panelists at the Malaysian Economic Association (MEA) 2022 Post-Budget Dialogue were mooting for the reinstatement of the Goods and Services Tax (GST) or the inclusion of a similar tax structure under the current tax regime in order to widen the government’s tax revenue base to prepare for turbulent times ahead.

KUALA LUMPUR (Sept 3): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said it may not be the right time to reintroduce a consumption tax like the previous goods and services tax (GST) as this could have an impact on the momentum needed to revive Malaysia’s economy amid the Covid-19 pandemic.

KUALA LUMPUR (June 23): Tiong Nam Logistics Holdings Bhd recorded a narrower net loss of RM4.

KUALA LUMPUR (May 16): Senior Minister (Security Cluster) Ismail Sabri Yaakob lamented that businesses would rush to hike prices when fuel price is high but are now silent when fuel price has fallen to an all-time low, Malaysiakini reported today.

GEORGE TOWN (May 12): As businesses reopen after over 50 days, some traders are saddled with extra work as spots of mould have appeared on merchandise, the Star reported today.

SINGAPORE (March 17): Singapore Prime Minister Lee Hsien Loong said today that the flow of goods and cargo between Singapore and Malaysia, including food supplies, will continue despite Malaysia's lockdown over COVID-19.

KUALA LUMPUR (Nov 5): Mara Corp chairman Akhramsyah Muammar Ubaidah Sanusi wants Mara Digital Mall to step away from its racial issue origin by letting traders have more freedom in choosing suppliers and adopting new technology, Free Malaysia Today reported today.

KUALA LUMPUR (Oct 7): With talk of a revival of the Goods and Services Tax (GST) recently, ex-Deputy Minister of International Trade and Industry Datuk Seri Ahmad Maslan (pictured) has offered himself as a consultant, free of charge.

KUALA LUMPUR (Oct 4): The prime minister’s statement yesterday that the government will study if there is a need to reintroduce the scrapped goods and services tax (GST) — the removal of which was one of Pakatan Harapan’s key pledges in the 14th general election (GE14) — is unlikely to gain traction among the rakyat.

KUALA LUMPUR (Oct 3): The Federation of Malaysian Manufacturers (FMM) has said this is a good time to reintroduce the Goods and Services Tax (GST) as the country's export industry could use some help amid the weak external environment and current global trade tensions.