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September 2, 2018 10:26 AM Modified cash accounting system also shows RM16b missing: Lim

PUTRAJAYA: A total of RM16 billion of unreturned taxes has remained missing from the Fund for Tax Refund Trust Fund (TBBC) regardless of whether the government uses the modified cash basis or the accrual accounting system, according to Finance Minister Lim Guan Eng. Responding to former prime minister Datuk Seri Najib Abdul Razak's Facebook post, he said according 51

August 30, 2018 6:40 AM Eateries subject to SST if turnover exceeds RM1.5m annually

PUTRAJAYA: Malaysian eateries will only be subject to the Sales and Services Tax (SST) if their annual turnover exceeds RM1.5 million annually, said Finance Minister Lim Guan Eng (pix). He said the ministry agreed to raise the turnover threshold from the RM500,000 set under the Goods and Services Tax (GST), and asserted that the decision was final 12

August 29, 2018 1:25 PM Gerakan withdraws suit against Guan Eng

GEORGE TOWN: Gerakan today withdrew its lawsuit against DAP Secretary-General Lim Guan Eng for allegedly damaging the party's reputation over the RM1 land sale issue in Tanjung Pinang in the late 1990s. This followed a decision by High Court Judge Datuk Rosilah Yop in allowing Gerakan, through its counsel V. Amareson, to withdraw the suit with no liberty 8

August 29, 2018 7:24 AM Court dismisses Mohamad's preliminary objection against Dr Streram's election petition

SEREMBAN: The Special Election Court here today dismissed a preliminary objection by Umno deputy president Datuk Seri Mohamad Hasan to strike out an election petition filed by PKR candidate for the Rantau state seat, Dr S. Streram. Judge Datuk Azimah Omar made the decision after studying and considering all the affidavits and written submissions by Mohamad 8

August 28, 2018 9:38 AM UN court has no jurisdiction in Iran sanctions case: US

THE HAGUE: The United States told UN judges Tuesday they had no jurisdiction to rule on Tehran's demand for them to order the suspension of debilitating nuclear-related sanctions against Iran. Iran has argued that US President Donald Trump breached a 1955 treaty with his decision to reimpose the sanctions after withdrawing from a multilateral nuclear 5

August 27, 2018 5:45 AM MSWG to monitor all financially troubled and China-based companies from 2019

KUALA LUMPUR: The Minority Shareholders Watch Group (MSWG) will expand its assessment coverage to include all Practice Note 17(PN17) companies and China based listed companies from next year. The minority shareholders activism group's CEO Devanesan Evanson told reporters that the decision to monitor all PN17 companies and China based listed companies 6

August 26, 2018 12:49 PM BR1M issue: Pakatan Harapan reminded not to make mistakes

KUALA LUMPUR: Pakatan Harapan (PH) is reminded not to make mistakes on the Bantuan Sara Hidup (BSH), formerly known as 1Malaysia People's Aid (BR1M). PH Youth leader Nik Nazmi Nik Ahmad said any reform should only be done with the consensus of all PH parties and the Cabinet especially since the party manifesto promised that the BR1M should be retained 6

August 25, 2018 6:56 AM Awards not merely for those who support leaders in power: Mahathir

LANGKAWI: Awards will only be given to those who serve the nation and not for individuals whose only contribution is supporting leaders in power, said Prime Minister Tun Dr Mahathir Mohamad. He said the conferring of honours should not be taken lightly as had been done by the previous Barisan Nasional government. "When Najib was in power, everyone got rewarded 7

August 21, 2018 7:41 AM Balotelli opts to stay at Nice, say French club

PARIS: Mario Balotelli has signed a new deal to stay at Nice despite strong interest from French rivals Marseille, the Ligue 1 club announced on Monday. The striker, whose strong form in the last two seasons at the Allianz Riviera has seen him return to the Italy team, has scored 43 goals for the club. Nice have got off to a slow start this year under 13

August 19, 2018 5:51 AM AES fines: Now everyone can break the law, says MCA

PETALING JAYA: Transport Minister Anthony Loke (pix) should apologise for making a "foolish" and "wrong" decision to cancel all Automated Enforcement System (AES) summonses. He warned that motorists are free to break traffic rules for two weeks. MCA Youth secretary-general Datuk Leong Kim Soon said the decision was aimed at satisfying the public and it encourages 21