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July 19, 2018 11:50 AM Singapore the third country to ratify CPTPP

SINGAPORE: Singapore ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) today, becoming the third nation to do so after Mexico and Japan. According to the Singapore Ministry of Trade and Industry (MTI), the CPTPP will enter into force 60 days after six of the 11 signatories ratify the agreement. "The CPTPP is an important 5

July 19, 2018 6:33 AM Parts for CKD vehicles exempted from SST

PETALING JAYA: Only various car parts, such as components and accessories, for Completely Knocked Down (CKD) assembled vehicles will be exempted from Sales and Services Tax (SST) system. Customs Department Director-General Datuk Seri Subromaniam Tholasy was referring to news about passenger motor vehicles being among the items that will be exempted from SST went viral 5

July 19, 2018 6:33 AM Cars exempted under SST

PETALING JAYA: Car prices will not go up because of the Sales and Services Tax (SST) system because they are exempted. The list of exempted goods under GST includes sedans, four-wheel drives, station wagons and race cars. It also includes various car parts, such as accessories, fuel pumps and fuel cut-off valves. Car sales went up recently after the zero-rating 5

July 19, 2018 4:39 AM Guan Eng: Yes, GST more transparent, efficient

KUALA LUMPUR: The Goods and Services Tax (GST) is a much more transparent and efficient tax system compared to the Sales and Services Tax (SST), Lim Guan Eng (pix) admitted. The Finance Minister said the decision to revert to SST was because the impact on the end user was much lesser, due to a single-stage taxation, namely to the manufacturers, compared 5

July 18, 2018 4:03 PM Education policy to be reviewed: Maszlee

KUALA LUMPUR: The Education Ministry will set up a committee to review the national education policy, said its minister Dr Maszlee Malik. "The committee is tasked with reviewing the national education philosophy and policy including improving the educational curriculum and system from the preschool right up to the university level. "Encompassing civic 5

July 18, 2018 3:08 AM Mexico's next government to weigh legalising drugs

MEXICO CITY: Mexican President-elect Andres Manuel Lopez Obrador has given his future interior minister "carte blanche" to explore the possibility of legalising drugs in a bid to curb violent crime, she said Tuesday. Olga Sanchez Cordero, a former Supreme Court judge tapped to lead the interior ministry, drew applause when she made the comment at a university 3

July 17, 2018 3:45 PM The Finance Minister is running around in circles

Our Finance Minister,. Lim Guan Eng, does not seem to understand why there is a RM23b gap between GST and SST collections. Because zero-rating GST since last month did not see any drop in prices and some prices actually increased, imposing two new taxes – a 10% sales tax and a 6% service tax – WILL INCREASE prices for some goods and services. There will also be no reduction 6

July 17, 2018 10:11 AM Punters win RM61.7m in Sports Toto jackpots

PETALING JAYA: It was a lucky month of June for several punters as they managed to walked away with some RM61.7 million in Sports Toto jackpots. Of the whopping jackpots amount, Sports Toto Malaysia Sdn Bhd said that a lucky winner from Selangor walked away with RM26.8 million from Sports Toto 4D Jackpot 1 on June 27. "The winner who came to collect 3

July 17, 2018 9:19 AM Don't discriminate against LGBT at workplaces: Mujahid

KUALA LUMPUR: The LGBT (lesbian, gay, bisexual and transexual) community in Malaysia deserves equal rights as citizens of this country and they cannot be discriminated in any form, including at workplaces, said Minister in the Prime Minister's Deparment Datuk Dr Mujahid Yusof Rawa. "As long as citizenship is concerned, they cannot be discriminated in their 3

July 16, 2018 10:46 AM Sultan Nazrin Shah opens first Telegraph Museum in Southeast Asia

TAIPING: The Sultan of Perak, Sultan Nazrin Shah, today officially opened the Telegraph Museum, the first of its kind in Southeast Asia. Sultan Nazrin Shah and Tuanku Zara later spent about 30 minutes touring the museum. The opening of the Telegraph Museum marks a historic moment for the Telekom Malaysia Foundation (YTM) after the opening of the Telekom 8