Budget 2018

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Households clear winners in SST trade-off, says CIMB Research

KUALA LUMPUR: Households are the clear winners in the trade-off under the proposed Sales and Service Tax (SST) which will be reintroduced on Sept 1, as they will receive RM23bil in disposable income through reduced tax collection.

While goods without exemptions are poised for price increases after the GST tax holiday, SST 2.0 covers a narrower basket of goods and services.

Maybank IB issues eight call warrants

KUALA LUMPUR: Maybank Investment Bank Bhd is issuing eight new European style cash-settled call warrants (CW) over ordinary shares of eight companies.

Nestle is among the eight companies which Maybank IB is issuing the call warrants over the shares.

It’s the unknown that the new Malaysia should fear

THE fact that foreigners have taken money out of Bursa Malaysia for 37 days straight is not something that should startle long-term investors. After all, this is hot money and it goes where valuations are cheap.

Hot money: Long-term investors should not be startled by the fact that foreigners have taken money out of Bursa Malaysia for 37 days straight. — Bernama

Raising purchasing power

But will the new government’s reforms affect Malaysia’s economic fundamentals?

Dass: More spending will boost retail businesses only if the households are confident, a trend we are witnessing.

Listing of Petronas among options to increase revenue

THE government’s liabilities are out in the open. Finance Minister Lim Guan Eng revealed details to substantiate his point of national liabilities and debt have breached not only the RM1 trillion-mark but also reached 80.3% of gross domestic product.

To the rescue: Given the gravity of the situation, one investor says that the listing of Petronas is a surefire way of raising a huge sum of money quickly. — Bloomberg

Demystifying the debt dilemma

Analysts say new government needs to quickly introduce measures to reduce the country’s liabilities