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PUTRAJAYA: A lack of coordination between ministries cost the government millions, not only in money, but also in being forced to accept defective goods, said Auditor-General Datuk Nik Azman Nik Abdul Majid.
PETALING JAYA: The Inland Revenue Board (LHDN) has yet to pay out RM3.807bil in tax refunds for assessments filed in 2017 and prior, mainly due to what it claims was investigations and the failure of taxpayers to update their details.
PETALING JAYA: The Inland Revenue Board of Malaysia (LHDN) has yet to pay RM3.807bil of tax refunds for the assessment years of 2017 and before, says the 2019 Auditor-General’s Report.
KUALA LUMPUR: Malaysia’s fiscal deficit is expected to increase to between 5.8% and 6% of GDP this year following the implementation of the government’s stimulus programmes to offset the severe fallout from the Covid-19 pandemic.
THE commodity-related industries in Malaysia are grappling with the coronavirus (Covid-19) turmoil that has led to the current depressed prices and gloomy export outlook in the coming months.
Over the past day, the highest-trending question asked in the United States regarding coronavirus news on Google Search was "When will stimulus checks be deposited?"
BEIJING (China Daily/ANN): To stabilise domestic consumption, a major growth driver that has been dampened by the novel coronavirus outbreak, China must come up with more policy measures, including the issue of special government bonds that can increase fiscal spending and boost demand, economists said on Thursday (March 12).
The new Prime Minister needs to move fast to spur growth and lay the foundation for a better tomorrow
HANGZHOU (Xinhua): The first Electronic World Trade Platform (eWTP) was officially launched Friday (Dec 27) in the eastern Chinese city of Hangzhou, according to local customs.
SYDNEY: Australian retailers had it tough in October as skittish consumers chose to hoard any windfall from lower interest rates and tax rebates, likely heralding another quarter of disappointment for the economy.