Budget 2019

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SERC: More structural reforms needed

KUALA LUMPUR: A synchronised global slowdown is imminent – indicating that the economic growth in Malaysia will be equally challenging

Lee: The government has a projected fiscal reduction target and is slowly bringing it down

Infrastructure spending is a necessary economic stimulus

UNTIL we are able to achieve the developed status as defined by the World Bank, Malaysia for the time being remains a developing nation with income levels that are of course growing but at a snail’s pace, especially among the B40 group.

Goldilocks economy

Sentiment on Malaysia’s economy not so positive but is there a silver lining?

One million taxpayers to pay RM10bil under amnesty scheme

PETALING JAYA: The Special Voluntary Disclosure Programme (SVDP) is expected to collect RM10bil from at least one million taxpayers who may have misreported their tax filings or did not declare their income to the Inland Revenue Board (IRB).

According to IRB chief executive officer, Datuk Seri Sabin Samitah(pic), the SVDP provides a golden opportunity for taxpayers to come forward voluntarily, as the disclosures made would be taken in good faith by the government agency.