News about sales

  KUALA LUMPUR (March 5): Finance Minister Lim Guan Eng said yesterday Malaysia’s 2018 inflation at 1% versus 2017’s 3.

KUALA LUMPUR (Feb 20): Deputy Finance Minister Datuk Amiruddin Hamzah has been reported as saying that implementation of the Sales and Services Tax (SST) has not reduced the prices of goods.

KUALA LUMPUR (Jan 21): Finance Minister Lim Guan Eng (pictured) said today Malaysia's 2018 Sales and Services Tax collection by the Royal Malaysia Customs Department amounted to RM5.

SINGAPORE (Jan 16): In the latest batched tender closing yesterday, bidding for the Club Street hotel plot was fairly aggressive with eight bids received.

KUALA LUMPUR (Nov 2): The Barisan Nasional (BN) opposition coalition has presented its alternative budget for 2019 with an expected government revenue of RM247.

KUALA LUMPUR (Oct 2): UEM Sunrise Bhd is studying if it is even possible to reduce property prices thanks to exemptions on certain construction materials and services from the Sales and Service Tax (SST) on property prices as any savings may be offset by the rise of other construction costs.

PETALING JAYA (Sept 29): The only way developers can bring property prices down is by cutting their profit margins, said a property industry observer.

KUALA LUMPUR (September 25): Sapura Energy Bhd’s wholly-owned units have secured three new jobs and a contract extension valued at about RM815 million.

KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.

Following the abolishment of the Goods and Services Tax (GST), the Sales and Service Tax (SST) kicked off on Sept 1 promptly, but without a complete list of chargeable items, surprising many business operators and consumers.