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World

Jordanians stage new anti-austerity protests

AMMAN (Reuters) - Jordanian authorities deployed hundreds of riot police in the capital and warned activists to stay within the law on Thursday as hundreds of demonstrators staged more protests against tough austerity measures backed by the International Monetary Fund.

Letters

Budget for sustainable goals

FROM DR HENRY CHAN , Conservation director WWF-Malaysia

Nation

Departure levy different from airport tax

SEPANG: The departure levy proposed in Budget 2019 is completely separate from the existing passenger service charge (PSC), said Transport Minister Anthony Loke.

Nation

Loke: Departure levy goes to government, PSC to MAHB

SEPANG: The departure levy proposed in Budget 2019 is not the same as the Passenger Service Charge (PSC) paid to Malaysia Airports Holdings Bhd (MAHB), Transport Minister Anthony Loke clarified on Monday (Nov 12).

Business

Restoring fiscal health, refocusing priorities

Comment - By Lee Heng Guie WE understand the government has to make choices and trade-offs to manage the medium-term fiscal challenges and limitations. It is indeed a tough and challenging political balancing act for the Finance Minister to craft a responsive budget without impairing growth and worsening the fiscal deficit.

Metro News

New sales tax may be good but at what cost

THE state budget tabled in the Sarawak Legislative Assembly this week was, as promised by the Chief Minister, the “biggest ever” in the state’s history.

Business

Fitch cautions about Malaysia's high public debt

KUALA LUMPUR: Fitch Ratings cautions about negative rating implications if Malaysia's already high public debt increases over the medium term.

Metro News

Analysts hail new property gains tax

THE Federal Government has taken positive measures to raise revenue without taxing the lower- income group in Budget 2019, says KPMG Tax Services Sdn Bhd executive director Evelyn Lee.

Business

Inheritance tax may further dampen property market

KUALA LUMPUR: It is inappropriate to introduce the inheritance tax now despite the need for the government to widen its tax base to raise revenue, as its implementation will further dampen the property market, a real estate industry association said.

Global Trends

Global factors will affect 11MP

NEW alarm over climate change and a looming financial crisis were two themes hitting the headlines recently.