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Impact of change to OHQ incentives

The final part featuring PricewaterhouseCoopers' answer to questions from readers on Budget 2004.


More sewerage projects in the pipeline

SINCE the Ministry of Finance Inc (MoF) took back the management of Indah Water Konsortium Sdn Bhd (IWK) from Prime Utilities Bhd in 2000, the privatisation of the national sewerage project appears to have taken a back seat.


Several active players seen despite slow growth in sewarage sector

WHILE issues of funding and payment have slowed down the growth in the sewage treatment industry, there are a number of players which have been actively involved in the industry.


Time to hand over baton

THE Association of Banks in Malaysia sees the recent Budget as a move to build on existing core competencies while mapping out the longer-term strategy for economic growth, said chairman Dr Rozali Mohamed Ali.


Coming of age of Ayurveda

THE ancient Indian healing system of Ayurveda originated in India more than 6,000 years ago, yet only in recent years has it started to make impressive strides in Malaysia. Its late entry into Malaysia is surprising, given the relatively large Indian population in the country.


Competitive edge from a variety of sectors

THE manufacturing sector remained the second largest contributor to GDP growth with electrical and electronics (EE) accounting for the major share of about 39%. Of this, 30% was made up of semiconductors.


Budget direction gets wide business support

Malaysia#039;s business community generally expressed support for and satisfaction with Budget 2004, welcoming the government#146;s determination to rein in the budget deficit even though there are no substantial incentives going their way.


More attractive Islamic financial products

BY introducing a more comprehensive tax treatment for Islamic securities in line with that enjoyed by conventional securities, the government has made Islamic financial products even more attractive for financing purposes.


Targeted fiscal stimuli to remain the govt’s focus

IN view of the uncertain global economic environment, the government will have the challenging task of trying to balance managing domestic reserves against stimulating Malaysia#146;s economic growth through spending and extending tax incentives.


On pre-ops expense tax

ENTREPRENEURS may be surprised that genuine business expenses incurred prior to the date a business commences may often be treated as non-tax deductible.