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Malaysia issues arrest warrants for ex-1MDB executives

PETALING JAYA (Bloomberg): Malaysian investigators are said to have issued arrest warrants for two former executives of 1Malaysia Development Berhad (1MDB), according to a person with knowledge of the matter.

Guan Eng admits GST was an effective taxation system

KUALA LUMPUR: Finance Minister Lim Guan Eng has admitted that the Goods and Services Tax (GST) was an effective taxation system, but lamented its flawed refund mechanism.

Reopened Altantuya probe complete, papers sent to AG

SUBANG JAYA: The reopened investigation into the 2006 murder of Mongolian national Altantuya Shaariibuu has been completed, says the Inspector-General of Police.

Johor Ruler expected to open state assembly on Aug 9

ISKANDAR PUTERI: The Johor state assembly will commence for 10 days, starting Aug 9, said Speaker Suhaizan Kaiat.

IGP: Yes, we will reopen Teoh Beng Hock case

SUBANG JAYA: The police will comply with the Attorney General’s Chambers’ (AGC) instructions to conduct further investigations into the death of Teoh Beng Hock in 2009, says the Inspector-General of Police.

GST money not returned? We’ll tell all, says Guan Eng

KUALA LUMPUR: The Finance Ministry will reveal how much money was not returned to manufacturers under the Good and Services Tax (GST) regime, says its minister Lim Guan Eng.

Two out of 10 promises fulfilled, Dr M admits there are hurdles

KUALA LUMPUR: The Pakatan Harapan Government has fulfilled two out of its 10 promises in 100 days, said Tun Dr Mahathir Mohamad.

Customs: SST to hit only RM500K and above businesses

PETALING JAYA: Only businesses that make RM500,000 and above a year will be subject to the Sales and Service Tax (SST) that will be reintroduced on Sept 1.

Malaysian police to verify reports of Jho Low's alleged arrest, says IGP (updated)

SUBANG JAYA: Reports of the alleged arrest of fugitive businessman Low Taek Jho, also known as Jho Low, will need to be verified, said Tan Sri Mohamad Fuzi Harun.

SST 2.0 formulation will include needs of B40 group, says Customs D-G

PETALING JAYA: The formulation of the reintroduced Sales and Service Tax (SST), which will take effect from Sept 1, will take into account the B40 or bottom 40% households, said Datuk Seri Subromaniam Tholasy.