Tax incentive for Islamic Banking, Takaful entities extended to 2020
THE government has extended the tax incentive to entities carrying out Islamic Banking and Takaful business in foreign currencies through…
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Fixed line broadband service providers to offer higher speed for same price
Fixed line broadband service providers would offer services at a higher speed for the same price from January next year,…
Government to reduce SME tax rate to 18 pct from 2017
THE government will reduce the small and medium enterprises (SME) tax rate on chargeable income up to the first RM500,000…
Najib says ‘bankruptcy’ never in Malaysia’s economic dictionary
PRIME Minister Datuk Seri Najib Tun Razak has squashed allegations that Malaysia will go bankrupt, saying its merely a misconception…
Govt ready to amend Bankruptcy Act 1967 starting next year – Najib
The government will take positive measures to amend the Bankruptcy Act 1967 from early next year. Prime Minister Datuk Seri…
Individual taxi permits, RM5,000 grant for eligible taxi drivers
ABOUT 12,000 qualified taxi drivers who have ended their leasing contract with taxi companies will benefit from the government’s announcement…
Government allocates RM2.1 bln to develop infrastructure in five economic corridors
THE government has allocated RM2.1 billion for infrastructure and socio-economic development in five economic corridors, said Prime Minister Datuk Seri…
Govt to allocate RM1.52 billion to empower Bumiputera economy
THE government will allocate RM1.52 billion to empower Bumiputera economy under the 2017 Budget, Prime Minister Datuk Seri Najib Tun…