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Nation 11 Sep 2003 | 12:00 AM

Budget 2004: More government assets likely to be divested

More government assets could be unlocked via new listings on the KL Stock Exchange and reduction of some of its large holdings in companies such as Tenaga Nasional Bhd and Telekom Malaysia Bhd as well as banks.

Business 11 Sep 2003 | 12:00 AM

SST – the pros and cons

THE introduction of sales and service tax (SST) in Malaysia has been talked about since the early 1980s, when a group of civil servants from the Treasury and the Royal Customs Department were sent to South Korea to study the VAT (value-added tax) system there.

Business 09 Sep 2003 | 12:00 AM

SMIs: Sales tax waiver can boost consumption

A WAIVER on sales tax for all small- and medium-sized industries (SMIs) and service tax for the tourism industry could help further stimulate domestic consumption, said SMI Association of Malaysia president Looi Teong Chye.

Business 05 Sep 2003 | 12:00 AM

Investor and rakyat friendly budget likely

WHERE budget measures are concerned it is a tough call as although the government would still need to provide support to the economy, its resources are at the same time limited.

Business 19 Aug 2003 | 12:00 AM

Official: Ending HK's deficit by 2006-07

Hong Kong's new financial chief Henry Tang dismissed a deadline set by his predecessor to balance the territory's budget, newspapers and his spokesman said Tuesday.

Business 07 Aug 2003 | 12:00 AM


Business 12 Jun 2003 | 12:00 AM

ImClone CEO jailed for insider trading

ImClone Systems Inc founder Samuel Waksal has been sentenced to more than seven years in prison, the first chief executive to go to jail in the spate of scandals that has rocked corporate America.

Business 10 Jun 2003 | 12:00 AM

Mampu to assist public sector in going online

THE Malaysian Administrative Mo-dernisation and Management Plan-ning Unit (Mampu) is coming out with a guide to help government departments go online.

Nation 28 May 2003 | 12:00 AM

Customs teams up with IRB to nab tax dodgers

The Customs and Excise Department and the Inland Revenue Board (IRB) will jointly launch a major operation on June 11 against those who evade payment of sales tax, import duties and income tax.

Business 27 May 2003 | 12:00 AM

Lower profit for Petronas Dagangan

PETRONAS Dagangan Bhd has reported a pre-tax loss of RM35.9mil for the 4th quarter ended March 31, 2003, compared with a pre-tax profit of RM66.8mil in the previous corresponding quarter. This is despite revenue rising to RM2.3bil from RM1.9bil previously.