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Philippine shares ended lower Thursday on profit taking following two sessions of gains, traders said.
KEEP Malaysia's Goods and Service Tax (GST) simple. Use a single tax rate and do not allow too many exemptions. That's the advice to the Government from two academics who said Malaysia should adopt a model similar to New Zealand's when it implements the consumption tax in 2007.
THE Science, Technology and Innovation Ministry will hold a meeting with all parties operating in Cyberjaya next month to discuss the information technology (IT) city's development, said minister Datuk Dr Jamaludin Jarjis.
BUDGET 2005 involves an intricate task. In his maiden budget presentation, Prime Minister Datuk Seri Abdullah Ahmad Badawi, who is also Finance Minister, will seek to balance pressure from two opposing directions: to reduce the budget deficit and increase incentives to spur other economic activities.