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TOKYO: Japanese automakers will ramp up production early next year because they expect a big increase in car purchases before a sales tax hike in April, media reported on Sunday.
TOKYO: Japan’s prime minister has decided to hike the nation’s sales tax next year, but will soften the blow with a US$50bil stimulus package aimed at protecting a budding economic recovery, reports said.
Japan's prime minister has decided to hike the nation's sales tax next year, but will soften the blow with a US$50-billion stimulus package aimed at protecting a budding economic recovery, reports said Thursday.
The Customs Department has ordered Harrisons Holdings (Malaysia) Bhd's unit to pay RM91.75mil for duties and sales tax not paid under the Customs Act 1967 despite protests that it was not liable to pay them.
TOKYO: Japanese companies have weathered the first days of a rise in the country's consumption tax, with sales resilient and pricing power little damaged, a Reuters poll showed on Friday, in an early sign the tax hike may not derail the economy.
TOKYO: Japanese Economics Minister Akira Amari said on Friday that Prime Minister Shinzo Abe cannot delay a sales tax increase indefinitely, suggesting that Tokyo will not loosen its commitment to reducing public debt and balancing its budget.
KUCHING: Sarawak is standing firm on its decision to impose a 5% sales tax on petroleum products in the state starting this year.
KUCHING: Sarawakians can expect to pay more in sales tax to the state government in the future as it is now exploring new ways to fatten its coffers while minimising its reliance on revenue from natural resources.