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Enterprising and reformative budget, says SMI association

THE SMI Association of Malaysia has described Budget 2004 as an #147;enterprising reformative budget.#148;

Bonuses means increase in retail sales

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.

Challenges in fiscal consolidation process

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.

A balanced, prudent budget likely

WE believe the budget is likely to be balanced and, for a pre-election/handover budget, prudent, says Joseph Tan, Standard Chartered's economist.

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.

The same old wish list

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.

Edaran Intan completes low-cost houses early

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.

SP Setia to develop RM2.2bil Eco-Park

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.

Leading at times of crisis

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.

More incentives to push house sales

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.