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KUALA LUMPUR: Only 43.5 per cent of services will be subject to the Sales and Services Tax (SST) come Sept 1, compared with the 64.8 per cent of services which were subjected to the Goods and Services Tax (GST).
MALAYSIA’s determination in attracting high-value investments is expected to see more multinational companies (MNCs) with regional services activities setting up their business hubs in the country.
MELAKA: The scope of the Sales and Services Tax (SST) will be expanded to cover four new types of services effective March 1.
KUALA LUMPUR: The government should relax the regulations for both e-hailing services and traditional taxi services as proposed rules would create significant new costs and barriers, says the Institute for Democracy and Economic Affairs (IDEAS).
KUALA LUMPUR: UOB Kay Hian Malaysia Research has downgraded MY E.G. Services to Hold as the share price rallied 47% in the past month and increase its target price to RM1.27 as it rolls forward its valuation to 2019. Entry price: RM1.14.
PETALING JAYA: There is a need for the country to move up the value chain in the shared services industry so that it would not lose its competitive advantage, said Agos Asia Sdn Bhd chief executive officer Joon Leng Teoh (pic).
WASHINGTON: U.S. services sector activity accelerated in August amid strong gains in new orders and employment, suggesting that a slowdown in job growth last month was probably temporary.
Malaysia-based offshore oilfield services company, Bumi Armada, and Dutch multinational Fugro, a specialist in geo-science services, have signed a joint venture agreement to cater to the well services industry.
KUALA LUMPUR: NYSE-listed end-to-end IT services company, DXC Technology has acquired Sime Darby Global Services Centre (SDGSC), the group’s in-house provider of HR, finance & accounting and IT services.
THE Malaysian Association of Money Services Business (MAMSB) supported by the Malaysia Digital Economy Corporation (MDEC), hosted a two-day Money Services Business Asia Pacific Conference 2017 (MAPC 2017) at Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur.