GST To Be Zero-Rated Effective June 1

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KUALA LUMPUR, May 16 – The Finance Ministry announced that starting from June 1, 2018, the Goods and Services Tax (GST) will be zero-rated for all goods and services in Malaysia until further notice. In a statement today, the ministry said the move does not include the goods and services

‘Thank You, Tuanku,’ Says Pardoned Anwar

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KUALA LUMPUR, May 16 – “Alhamdulillah (Praise be to God), thank you Tuanku (Your Majesty)”. That was the response from Datuk Seri Anwar Ibrahim following his audience with the Yang di-Pertuan Agong, Sultan Muhammad V, at Istana Negara after he was granted a full pardon today. Anwar said this to Bernama before

Utusan Melayu To Appoint New Independent Directors

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KUALA LUMPUR, May 15 – Utusan Melayu (Malaysia) Bhd (Utusan) will take the necessary steps to appoint new independent directors in due course. In a filing with Bursa Malaysia today, Utusan said it acknowledged the importance of complying with the Bursa Malaysia’s listing requirements on the composition of independent directors on

Malaysian Muslims To Begin Fasting Thursday

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KUALA LUMPUR, May 15 – Malaysian Muslims will begin Ramadan fasting on Thursday, the Keeper of the Rulers seal Datuk Seri Syed Danial Syed Ahmad announced today. He said the date for the Ramadan fasting to begin followed a decree by the Yang di-Pertuan Agong after receiving the consent of the Malay

1MDB Audit Report Declassified

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KUALA LUMPUR, May 15 – The audit report on 1MDB has been declassified, said Auditor-General Tan Sri Dr Madinah Mohamad. In a statement here today, Madinah said the 1MDB Audit Report had been classified “Secret” on Jan 22, 2016 and tabled to the Public Accounts Committee on March 4, 2016. “I am

Mahathir Tells WSJ He Expects Charges To Be Filed Against Najib

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PUTRAJAYA, May 15 – Prime Minister Tun Dr Mahathir Mohamad reportedly said that he expected charges to be filed against former Prime Minister Datuk Seri Najib Abdul Razak following an investigation into allegations that Najib syphoned off hundreds of millions of dollars from state investment fund 1Malaysia Development Berhad (1MDB). The

Zeti: Ringgit To Perform Better With Restored Confidence

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KUALA LUMPUR, May 15 – Tan Sri Zeti Akhtar Aziz today said the ringgit will perform better when investors’ confidence is restored both in the economy and country. The former central bank governor said the new government was working very hard to address all the areas of concern. “I believe the fundamentals

Zeti: No Turning Back On GST Abolishment

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KUALA LUMPUR, May 15 – Tan Sri Zeti Akhtar Aziz said there will be no turning back on the proposed abolishment of the Goods and Services Tax (GST) which came into effect on April 1, 2015. “It’s (decision to abolish) is final and work is in progress towards the abolishment, ”

Agong: Pardon For Anwar By Wednesday

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KUALA LUMPUR, May 15 – The Yang di-Pertuan Agong Sultan Muhammad V hopes that all procedures relating to the proceedings of the Pardons Board Committee for a royal pardon for PKR de facto leader Datuk Seri Anwar Ibrahim will be finalised on Wednesday. Istana Negara Datuk Pengkalan Bijaya Diraja Datuk Wan

List Of Cabinet Members Decided In Principle By PM

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PUTRAJAYA, May 15 – Tun Dr Mahathir Mohamad said the list of names of the Cabinet Ministers and the portfolios they would lead will be decided by him as the Prime Minister in principle. He said the Pakatan Harapan component parties had submitted the names of the Cabinet members and the ministries

Fake News On Abolishing GST By June 1

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GEORGE TOWN, May 14 – Incoming Finance Minister Lim Guan Eng today said circulars on social media claiming that the Goods and Services Tax (GST) would abolished from June 1 were fake, saying he has no authority to do so. Purportedly issued by the Ministry of Finance as the bogus

Palace: Musa Aman No Longer Sabah CM

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KOTA KINABALU, May 14 – The private secretary to the Yang Dipertua Sabah, Abinan Asli today delivered a letter of notification, stating that the Sabah Barisan Nasional (BN) chairman Tan Sri Musa Aman is no longer the chief minister. When met by reporters here, Abinan said the letter was sent to

MACC Headquarters Closely Guarded

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PUTRAJAYA, May 14 – Security control at the Malaysian Anti Corruption (MACC) headquarters at Precinct 7 here is being tightened today. A media survey at the building in the morning revealed that each vehicle entering or leaving the premises was thoroughly checked. The bonnet of every vehicle was also opened for inspection. According

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