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KUCHING: Property developers face a mixed outlook this year with the introduction of the Goods and Services Tax (GST) as well as the weak ringgit and drop in fuel prices.
MARAN: Small and medium scale entrepreneurs in Pahang will be given a one-off RM20,000 by the government to help them recover from the recent floods that damaged their premises and facilities.
I RECEIVED several interesting responses to my column last week. I had written on the need to increase wages to boost the economy and I mentioned that there are studies showing that for every ringgit earned in Malaysia employees get 28 sen, the company 67 sen and the government 5 sen (through tax).