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Corporate News 27 Sep 2018 | 6:03 AM

Corporates less optimistic amid economic headwinds

KUALA LUMPUR: The latest RAM Business Confidence Index (RAM BCI) revealed a slight moderation in firms’ sentiment on business performance and demand prospects in the next six months due to the escalating trade wars and the transitional period of the Sales and Services Tax (SST).

Nation 26 Sep 2018 | 1:47 PM

Cigarettes sold in restaurants, salted fish, some seafood now SST-exempt says Guan Eng

PETALING JAYA: Cigarettes and tobacco products sold in restaurants have been exempted from the Sales and Services Tax (SST) following appeals, said Finance Minister Lim Guan Eng.

Nation 22 Sep 2018 | 2:56 PM

Guan Eng urges restaurants and coffee shops to reduce 10% service charge

GEORGE TOWN: Finance Minister Lim Guan Eng is urging restaurants and coffee shops imposing a 10% service charge to be "reasonable" and reduce it, as it is quite high.

Advertising & Media 22 Sep 2018 | 12:00 AM

Adex likely to rebound next year

ADVERTISING expenditure (adex) may rebound in the second half of next year after some contraction this year as economic polices become more clearer and consumer confidence picks up.

Economy 20 Sep 2018 | 12:00 AM

Malaysia’s CPI advances at slowest pace in 42 months

PETALING JAYA: Helped by an easier rise in the prices of fuels, Malaysia’s inflation moderated to its slowest pace in 42 months in August, lower than consensus estimates.

Economy 19 Sep 2018 | 6:43 AM

Nomura: CPI to rebound to 1.1pc in September

KUALA LUMPUR: Nomura Global Markets Research expects Malaysia’s Consumer Price Index (CPI) measuring headline inflation to rebound to 1.1% year-on-year in September due to the reinstatement of the sales and services tax.

Analyst Reports 19 Sep 2018 | 6:29 AM

RHB Research expects major cuts in Budget 2019

KUALA LUMPUR: RHB Research Sdn Bhd expects major changes for Budget 2019, with significant cuts to certain areas as the government streamlines its procurement process and introduces open tenders for all public procurement.

Economy 19 Sep 2018 | 5:11 AM

RHB: Malaysia's real GDP growth at 5% in 2018-2019

KUALA LUMPUR: RHB Research expects Malaysia's real gross domestic product (GDP) to grow at five per cent this year and next year, slower than the 5.9 per cent achieved in 2017 due to weakening external demand.

Corporate News 18 Sep 2018 | 1:21 AM

Higher prices for tobacco, alcohol, will persist with SST

KUALA LUMPUR: Higher prices will persist following the implementation of the Sales and Services Tax (SST), particularly for tobacco products and alcohol, whereby importers and manufacturers have planned to pass the tax down to consumers.

Corporate News 17 Sep 2018 | 1:24 AM

CGS-CIMB Research: Banks loan growth to ease from September

KUALA LUMPUR: The banking industry’s loan growth picked up from 4.4% year-on-year (y-o-y) at end-March 2018 to 5% y-o-y at end-June 2018.