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KUALA LUMPUR: Face masks produced by registered manufacturers will be exempted for sales tax by Royal Malaysian Customs Department effective Monday in a new effort by the government to lower the price of the product. Imports will also be exempted from duty.
KUALA LUMPUR: The reaffirmation of Malaysia’s sovereign credit ratings by international ratings agencies is proof that Pakatan Harapan (PH) is capable of administering the country, despite the financial constraints inherited from the previous government.
WHEN Tun Dr Mahathir Mohamad led the opposition to a stunning election victory, he had an effective rallying cry that reflected why Umno’s form of governance was problematic: “Cash is king!” If Dr Mahathir is not careful, worrying recent trends indicate a similarly disconcerting problem about Pakatan Harapan’s government: “Patronage is king!”
KUALA LUMPUR: Pelaburan Mara Bhd (PMB) has launched a syariah equity fund, PMB Dana Mutiara, with projected sales of RM100mil by year-end.