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September 4, 2018 10:43 AM Perodua dealers, vendors welcome SST, say car prices reduced

PETALING JAYA: Perodua dealers and vendors have welcomed the introduction of the Sales and Service Tax (SST), saying its implementation has managed to reduce the prices of their vehicles. In a joint statement today, the Perodua Dealers Association (PDA) and the Perodua Vendors' Club (KVP) noted the new tax structure, which imposes a 10% tax on sales 24

September 1, 2018 6:23 AM Dr M on two-day official visit to Brunei

PUTRAJAYA: Prime Minister Tun Dr Mahathir Mohamad will make a two-day official visit to Brunei from tomorrow. The Foreign Ministry, in a statement, today said Dr Mahathir would be accompanied by his wife Tun Dr Siti Hasmah Mohd Ali, Foreign Minister Datuk Saifuddin Abdullah and officials from the Prime Minister's Department and Foreign Ministry 9

August 31, 2018 2:59 AM French unions call Oct 9 strike against 'ideological' Macron policies

PARIS: Unions in France on Thursday called for a strike for Oct 9 in protest at the "ideological policies" of French President Emmanuel Macron's government. The CGT and FO unions, as well as two national student unions, denounced "ideological policies targeting the destruction of our social model, favouring notably the explosion of inequality and the breaking 13

August 28, 2018 6:58 AM Govt urged to set up independent GLC review committee

KUALA LUMPUR: The government must establish an independent government-linked company (GLC) review committee to undertake an assessment of all GLCs in the country. Universiti Malaya economics and administration faculty professor Edmund Terence Gomez said there is an urgent need to institute reforms to ensure GLCs function properly and in a transparent 6

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 8

August 14, 2018 5:00 AM Ideas: Easing monetary policy, fiscal stimuli not the right move

PETALING JAYA: Easing monetary policy and introducing fiscal stimuli to support consumption may not be the right way to prepare Malaysia for its first recession since 2009, said the Institute for Democracy and Economic Affairs (Ideas). Ideas senior fellow Dr Carmelo Ferlito was responding to Bank Islam Malaysia chief economist Dr Mohd Afzanizam Abdul 20

July 31, 2018 4:03 PM Azmin: Khazanah to be managed by professionals, Mahathir’s appointment by convention

KUALA LUMPUR: Despite the appointment of Tun Dr Mahathir Mohamad and Datuk Seri Mohamed Azmin Ali to the board of Khazanah Nasional Bhd, the day-to-day running of the sovereign state fund will still be handled by professionals. Mohamed Azmin, who is Economic Affairs Minister, said the prime minister was reviewing a list of names that would be appointed 7

July 31, 2018 9:17 AM PH govt continues commitment to Paris Agreement 2015

KUALA LUMPUR: The Pakatan Harapan (PH) government will continue the country's commitment to the Paris Agreement 2015, which was signed in April 2016 in an effort to reduce global warming. Minister of Energy, Technology, Science, Climate Change and Environment Yeo Bee Yin said the ministry would implement several plans and policies in meeting the requirements 9

July 29, 2018 1:35 PM Saifuddin's visit to Singapore to further strengthen bilateral cooperation

KUALA LUMPUR: Foreign Minister Datuk Saifuddin Abdullah will discuss, among others, bilateral issues of mutual concern and to further strengthen cooperation between two countries, during his the two-day official visit to the republic beginning tomorrow. The Foreign Ministry in a statement today said Saifuddin's first official visit to Singapore was on the invitation 11

July 27, 2018 11:59 AM Mahathir raps Najib over 'bygone era' remark

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad has taken a swipe at Datuk Seri Najib Abdul Razak over the latter's remark that Pakatan Harapan policies would bring the country to 'a bygone era'. In a statement today, Dr Mahathir noted that the bygone era was the era when Malaysia was known as an 'Asian Tiger'. The term referred to several Southeast 13