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1-10 results from 1000 for query «finance»

September 5, 2018 6:35 AM Gabungan AQRS expects better years ahead on projects in hand and low costs

PETALING JAYA: Gabungan AQRS Bhd expects to perform better this year and next, based on projects in hand and low operating cost. Group CEO Datuk Azizan Jaafar said its construction order book of RM2.4 billion will sustain the group for the next three years while the property division is expected to start contributing to the group's earnings next year. Speaking 84

September 5, 2018 2:57 AM Telcos told to stop charging SST on prepaid reloads by MoF

PETALING JAYA: Telecommunications companies have been instructed to stop charging the Sales and Services Tax (SST) on Malaysians for the purchase of prepaid reloads. The Finance Ministry said this tax exemption on prepaid services was to address the issue of companies having difficulties in adjusting their systems in view of the SST implementation on Sept 1. The ministry 105

September 4, 2018 1:54 AM Bursa Malaysia lower at opening

KUALA LUMPUR: Bursa Malaysia began the morning trading on a weaker note, with external uncertainties like worries over a further escalation of the trade war and currency volatility, possibly weighing on sentiment in the near-term. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.01 points lower at 1,811.57 from yesterday's close of 1,813.58. Gainers 32

September 3, 2018 5:44 AM Malaysia needs to double healthcare traveller numbers

KUALA LUMPUR: Malaysia needs to double its healthcare travellers to 2 million by 2020 to achieve the RM2.8 billion target in medical travel earnings, said Deputy Finance Minister Datuk Amiruddin Hamzah. He said SST will not be imposed on medical bills and this will help Malaysia to be competitive in offering medical travel. Amiruddin was speaking to reporters 9

September 3, 2018 5:03 AM Prasarana's new president is DRB-Hicom Bhd’s Datuk Mohamed Hazlan Mohamed Hussain

PETALING JAYA: DRB-Hicom Bhd’s group director of organisational support Datuk Mohamed Hazlan Mohamed Hussain is the new president and group CEO of Prasarana Malaysia Bhd. He will succeed Masnizam Hisham whose tenure ended on September 2, after a eight month stint. Prior to his appointment, Mohamed Hazlan served as head of several departments in DRB-Hicom 12

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 60

September 1, 2018 9:17 AM No SST on satay in food outlets

IPOH: There will be no Sales and Services Tax (SST) imposed on satay sold in food outlets, said Finance Minister Lim Guan Eng. He said the SST on the popular Malaysian food is imposed during the processing stage for the purpose of packaging and sales. "It is the sales that get the SST, not at the outlets," he told reporters after a briefing on the SST at a hotel 11

August 30, 2018 1:17 PM Petron not sole supplier of fuels for federal government vehicles: Finance Ministry

PUTRAJAYA: The Finance Ministry said today Petron Fuel International Sdn Bhd (Petron) is not the sole supplier of petrol and diesel fuels for federal government vehicles. It said in a statement that Petronas and Shell were still the suppliers of the fuels, as they had been since 1997. "The appointment is as an administrative procedure because it is related 14

August 30, 2018 9:44 AM Balakong by-election: Abolish the tolls? Ask me: Guan Eng

BALAKONG: Finance Minister Lim Guan Eng said MCA should bring up the issue of toll abolishment with him if they are really concerned about the plight of the people. He said the party should not be asking Pakatan Harapan (PH)'s candidate in the Balakong state seat by-election Wong Siew Ki in their campaigning as she is not a minister. "(Wong) Siew Ki is not a minister 14

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 15