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Customs targets online contraband

PETALING JAYA: The Customs Department has the means to arrest those involved in the online sale of contraband, warned its director-­general Datuk Seri T. Subromaniam (pic) on his last day at the helm.


The 'face of GST’ retires as Customs DG after 35 years of service

PUTRAJAYA: After a remarkable 35 years in service, Datuk Seri Subromaniam Tholasy is finally retiring from the Customs Department.


Review imposition of SST on tourism management, says MATTA

PETALING JAYA: The Malaysian Association of Tour and Travel Agents (MATTA) is urging the government to review the imposition of the Sales and services Tax on tourism management services which came into effect on Friday (Mar 1).


Gerakan: SST survey contradicts what LGE says, bring back GST

PETALING JAYA: The findings of a recent survey of local businesses contradict the statement by the Finance Minister regarding the Sales and Services Tax (SST) because it shows that the SST has pushed up the cost of doing business, says Gerakan president Datuk Dr Dominic Lau.


Lim: Malaysia forecast to grow by 4.9% this year

KUALA LUMPUR: Finance Minister Lim Guan Eng expects the country to grow a further 4.9% this year amid a decline in inflationary pressure while an additional 41,000 quality manufacturing jobs are expected to be created in the next two years.


Premium beers way forward for Carlsberg, says CIMB Research

KUALA LUMPUR: CIMB Equities Research sees premium beers as the way forward for Carlsberg Brewery (M) Bhd and raised the target price from RM20.20 to RM24.30 after the release of its better-than-expected FY18 results.


Online dealings see beautician, teacher poorer by RM32k

SIBU: A beautician and a teacher were cheated of a total of RM32,340 in two separate scam cases.


Ringgit turning Japanese is a good thing

SINGAPORE: Malaysia will soon proceed with the country’s first Samurai bond sale in three decades, and it could lift the ringgit in a similar way to the boost the rupiah got after Indonesia's recent $3 billion bond issuance.


Govt collected RM5.4b in SST, exceeds forecast of RM4b

KUALA LUMPUR: The government collected RM5.4bil from the Sales and Services Tax in the past two months, exceeding its estimate of RM4bil, Bloomberg reported.


Moody's sees increased fiscal challenges in Malaysia

KUALA LUMPUR: Moody's Investors Service sees increased fiscal challenges in Malaysia with the abolishment of the goods and services tax (GST) and introduction of the sales and services tax (SST).