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Budget 2020 likely to include mini fiscal stimulus package
KUALA LUMPUR: The government will likely present an expanded budget this Friday to temper a weak economic outlook, as it grapples with global recession fears, the protracted US-China trade war and a large debt pile left behind by its predecessors.
EPF may divest PLUS if right offer comes
KUALA LUMPUR: The Employees Provident Fund (EPF) will definitely consider divesting its stake in PLUS Malaysia Bhd if there is a good offer, says its chief executive officer Tunku Alizakri Alias.
The potential return of GST
A little over a year after the implementation of the new Sales Tax and Service Tax (SST), Prime Minister Tun Dr Mahathir Mohamad has indicated that if the rakyat believe that the abolished Goods and Services Tax (GST) may benefit the country, the government will conduct a study on the possibility of reviving it.
Mimos transition to Miti propitious as Malaysia nears 2020 goals
THE year 2018 was a watershed for national applied research and development (R&D) centre Mimos, when it was repositioned under the Ministry of International Trade and Industry (Miti) in a shrewdly strategic move by the government to accelerate digital transformation in industries.
Petronas sets up RM1.46bil venture capital fund
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has set up a US$350mil (RM1.46bil) venture capital fund with a mandate to make direct investments in technology startups around the world.
It’s not only taxes that need to be ‘smart’
Curtailing powers of IRB’s DG and MoF would help assuage investors.
Maxis, Huawei ink agreement for roll-out of 5G network
PUTRAJAYA: Maxis Bhd and Huawei Technologies Malaysia have sealed an agreement for the provisioning of 5G service network in the country.
Maxis ready to roll out 5G services next year
PUTRAJAYA (Bernama): Maxis Bhd is ready to roll out its 5G services next year as soon as the spectrum is set for release in the second half of next year.
FMM supports GST but must be halved to 3%
KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) supports a reintroduction of the Goods and Services Tax (GST) to replace the current Sales and Services Tax (SST) system.
Local equity market is on positive track, says Bursa CEO
KUALA LUMPUR: The local equity market is on a positive track, especially for the small and mid-cap stocks, despite the current sideways performance of the FTSE Bursa Malaysia KLCI (FBM KLCI).