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1-10 results from 1000 for query «income»

September 5, 2018 7:51 AM EPF sees 7.64% increase in investment income in Q2

PETALING JAYA: The Employees Provident Fund (EPF) saw a 7.64% increase in total investment income to RM12.39 billion for the second quarter ended June 30, 2018 against RM11.51 billion in the previous corresponding period. In a statement released today, the pension fund's deputy CEO (Investment) Datuk Mohamad Nasir Ab Latif said the trading environment 127

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

August 30, 2018 1:09 PM 174 taxi drivers receive individual taxi permits

KUALA LUMPUR: Transport Minister Anthony Loke today handed over letters of approval for individual taxi permits to 174 taxi drivers and a RM5,000 cash grant to subsidise the purchase of a new car to 47 of them. He said the granting of the taxi permits to the taxi drivers whose vehicle lease had expired would help increase their income and encourage them to better 14

August 30, 2018 6:58 AM RHB grows Q2 net profit by 12.2% on higher net interest income and lower credit losses

PETALING JAYA: RHB Bank Bhd grew second quarter ended June 30, 2018 net profit by 12.2%, on higher net interest income, income from Islamic banking business and significantly lower credit losses. Lower credit losses was mainly due to a RM19.0 million charge for equity instruments designated at fair value through other comprehensive income for the quarter 14

August 29, 2018 8:36 AM Ambitious Penang 2030 plan launched

GEORGE TOWN: The state government has unveiled an administrative policy called "Penang 2030" which aims to improve the overall quality of life for Penangites. Penang Chief Minister Chow Kon Yeow said that the state will introduce a form of the Happiness Index to gauge the level of contentment among the people here. Speaking during the launch of the plan at the E&O hotel 10

August 28, 2018 1:22 PM Hong Leong Bank Q4 net profit up 30%

PETALING JAYA: Hong Leong Bank Bhd’s net profit for the fourth quarter ended June 30, 2018 jumped 30% to RM626.01 million from RM482.92 million a year ago due mainly to higher net income, lower operating expenses, lower allowance for impairment losses on loans, advances and financing, higher writeback of impairment losses on financial investments and higher 9

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 10

August 25, 2018 7:12 AM Business as usual for Australian economy under new PM

SYDNEY: Scott Morrison is respected by investors and his elevation to Australian prime minister is a good outcome, analysts say, with the latest bout of political instability unlikely to hurt the economy. The 50-year-old outgoing treasurer took the top job after a Liberal Party revolt instigated by hardline conservatives, led by Peter Dutton, to unseat 14

August 24, 2018 11:41 AM IRB confirms RM16.046b unreturned tax refunds

PETALING JAYA: The Inland Revenue Board (IRB) today confirmed that the previous government did not return a total of RM16.046 billion in excess income tax and real property gains tax as at May 31, 2018 to taxpayers, mainly due to the shortfall in the Tax Refund Fund (TBBC). This, it said, involves 1.65 million cases comprising companies, individuals 13

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 17