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THE SMI Association of Malaysia has described Budget 2004 as an #147;enterprising reformative budget.#148;
BONUSES for civil servants and increased tax relief for children means more disposable income, and a potential increase in retail sales, says Simon Turner, CEO, Tesco Stores (M) Sdn Bhd.
THE Government was able to strike a balance between sustaining growth and consolidating its fiscal position by financing the bulk of its latest stimulus package through off-budget sources.
WE believe the budget is likely to be balanced and, for a pre-election/handover budget, prudent, says Joseph Tan, Standard Chartered's economist.
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.
EVERY year, come budget time, we hear the same rally cries: cut corporate tax rate, more fiscal incentives to attract foreign direct investments (FDI), increase personal relief and tax rebates for the individual, and reduce import duties on key or essential goods, says Gan Kim Khoon, AmResearch Sdn Bhd executive director.
MOST developers avoid building low-cost houses due to their low profit margins but Edaran Intan Sdn Bhd plans to venture where no companies dare to tread.
Property Talk: A weekly column by S.C. Cheah. In this article he says that S P SETIA Bhd will launch the country's biggest high-end residential development, its 4,000-acre Bandar Setia Alam in Shah Alam, early next year.
Sometimes it#8217;s easy to see the crisis facing your organisation. What isn#8217;t always so easy is judging precisely how to deal with it. What strategy should you devise? What resources should you apply, and over how much time? Should you change the organisation to deal with crisis? If so, how? HERMAN B. LEONARD writes.
Property Talk: A weekly column by S.C. Cheah. This week he says developers are giving big discounts, attractive rental guarantee, free maintenance fees and a host of other incentives that includes a contest with a BMW I>318iA/Ias the grand prize to push sales in the current sluggish property market.