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Najib: Govt income reduced by RM15bil without GST
PETALING JAYA: Pakatan Harapan's decision to not collect Goods and Services Tax (GST) has reduced the Government's income by at least RM15bil, says Datuk Seri Najib Tun Razak.
Guan Eng drops another GST bombshell: Missing amount is larger
KUALA LUMPUR: Finance Minister Lim Guan Eng has not only stood by his allegations that the previous government had falsified the Goods and Services Tax (GST) credit refund, but claims that the missing amount was even larger than he had declared in Parliament last week.
Post-Mugabe Zimbabwe set to frustrate eager investors
HARARE (Reuters) - A European investor's phone rings in a Harare restaurant and it's good news: an $80 million (60.92 million pounds) construction deal has been agreed with the Zimbabwean government. All that's needed now is a central bank guarantee letter. It never arrives.
‘Umrah scammers will pay’
KUALA LUMPUR: The Tourism and Culture Ministry (Motac) is looking at instituting heavier penalties for religious tour operators who cheat consumers with scam umrah (minor pilgrimage) packages.
SMEs will benefit greatly, says KCCCI
KLANG: Small and medium-sized enterprises (SMEs) will benefit greatly from the scrapping of the Goods and Services tax (GST).
Bandar Malaysia, TRX and other properties
1MDB has three domestic loans totalling RM1.58bil, a term loan of US$150mil, a US$3bil debt programme and a sukuk issue of RM2.4bil to pay for its property assets.
Auditor-General lists many wrongdoings within 1MDB as company relied heavily on debt to survive
PETALING JAYA: Poor corporate governance and internal controls within troubled 1MDB led to instances where management action and board decisions were not organised properly, said the Auditor-General in its executive summary of the 1MDB audit report.
Decision on SESB’s future in next four months
KOTA KINABALU: A decision on the future of cash-strapped Sabah Electricity Sdn Bhd (SESB) will be made within the next four months, Datuk Seri Dr Maximus Ongkili said.
Ong: Move towards manufacturing value-added products
SEKINCHAN: Malaysia must stop relying on commodities export but instead, move towards manufacturing value-added products, says International Trade and Industry Minister II Datuk Seri Ong Ka Chuan.
We are women, hear our (financial) roar
In conjunction with International Women’s Day on Tuesday, Sunday Star gets expert advice on helping women to become financially secure.