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In the first article of a two-part serieson goods and services tax (GST) inrelation to the property industry, BDOBinder Tax Services Sdn Bhd tax directorCHAN KEE HOONG focuses on GST's possible impact on a property developer. He shares the experiences from Singapore and Australia, countries that have implemented GST.
Qantas Airways Ltd, the world's ninth largest airline by market value, will close its Sydney heavy maintenance base by May, resulting in about 480 job losses, to help lower costs amid higher fuel prices.
Avenue Securities continues to rate Tenaga Nasional Bhd (TNB) its top pick among government-linked companies (GLCs) with an 'outperform' call on the stock despite a delay on electricity tariff review by the Government.
From selling chickens, vegetables and fruits,tycoon Datuk Tan Chin Nam went on to build abusiness empire. An avid horse owner and chess player, Tan has found a new interest: writing books to share his many life experiences.
Telekom Malaysia Bhd (TM) reported a net loss of RM701mil for the fourth quarter ended Dec 31, 2005, versus a RM824mil net profit in the previous corresponding period, after making a huge payout of RM880mil to settle a legal dispute with DeTeAsia Holdings GmbH.