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1-10 results from 1000 for query «funds»

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

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 6

August 30, 2018 9:28 AM Watch out for 'The Cycling Dead' on Oct 13

KUALA LUMPUR: If you spot a zombie on a bicycle – or a few hundred of them – on the roads of Seberang Perai Utara this Oct 13, don't run, they're not here to feast on your brains. They're just taking part in a fun ride by the Parent-Teacher Association (PTA) of Sekolah Menengah Kebangsaan Datuk Onn Butterworth (SMKDOB). SMKDOB PTA president, Jazman Shahar 8

August 27, 2018 8:51 AM Jeffrey Cheah Foundation launches the Oxford-Jeffrey Cheah Graduate Scholarship

BRITISH High Commissioner to Malaysia HE Vicki Treadell officially launched the Oxford-Jeffrey Cheah Graduate Scholarship at Sunway University on Aug 23. At the ceremony, Jeffrey Cheah Foundation Founding Trustee Tan Sri Dr Jeffrey Cheah thanked the University of Oxford. Cheah was also honoured and expressed his gratitude towards the uni in helping talented 16

August 24, 2018 8:49 AM Najib calls for RCI on unrefunded GST, overpaid taxes

KUALA LUMPUR: Former prime minister Datuk Seri Najib Abdul Razak today urged the government to immediately set up a Royal Commission of Inquiry (RCI) on the issue of unrefunded Goods and Services Tax (GST) and overpaid income tax and property gains tax. He said this was necessary because RM35 billion of public funds was involved. "This is to find out the truth 13

August 20, 2018 6:04 AM Foreign funds turned net sellers last week

PETALING JAYA: Foreign funds offloaded RM631.4 million net of local equities, wiping out the net inflow of RM458.2 million recorded in the week before, according to MIDF Research. “Offshore investors were already selling a lot on Monday to a tune of RM142.3 million net as the crisis in Turkey rippled across emerging markets including Malaysia. It came to no surprise 11

August 20, 2018 4:57 AM Only a fool would sign AES agreement, says Loke

PUTRAJAYA: Proceeds from the Automated Enforcement System (AES) summons went to the two concessionaires and not the government, as the agreement was lopsided. Transport Minister Anthony Loke (pix) said the agreement between the former Barisan Nasional government and the two concessionaires, Ates Sdn Bhd and Beta Tegap Sdn Bhd was a lopsided one. "Only 15

August 17, 2018 12:10 PM Pesona Metro JV bags RM218.22m contract

PETALING JAYA: Pesona Metro Holdings Bhd’s joint venture (JV) with Intrasegi Sdn Bhd has been awarded a contract worth RM218.22 million for the construction of an office in Kuala Lumpur. In a filing with Bursa Malaysia, the group said the contract was awarded to Intrasegi Sdn Bhd-Pesona Metro Sdn Bhd JV by Pembinaan Kery Sdn Bhd, a wholly owned subsidiary 16

August 15, 2018 11:44 AM Government will repay RM19.25b GST refunds from 2019

PETALING JAYA: Finance Minister Lim Guan Eng said in a statement today that the government will repay RM19.25 billion in outstanding GST refunds to 121,429 companies and individuals from next year. The GST Refunds Trust Account currently only holds RM148.6 million and Lim did not elaborate on how the government would make good on the payments, which 13

August 14, 2018 3:39 PM YTL Hospitality REIT acquiring Hokkaido ski resort for RM222.5m cash

PETALING JAYA: YTL Hospitality REIT (YTL REIT) is acquiring The Green Leaf Niseko Village for ¥6 billion cash (RM222.5 million) from Niseko Village KK (Niseko Village), an indirect wholly owned subsidiary of YTL Corp Bhd. In a filing with Bursa Malaysia today, YTL REIT said its wholly owned subsidiary Starhill REIT Niseko GK (Starhill Niseko) has entered 13