GST Cushions Impact Of Lower Crude Oil Prices

KUALA LUMPUR, Oct 23 – The Ministry of Finance (MOF) said today at Dewan Rakyat here about the indirect tax is forecast to surge by 42.2 per cent to RM53.3 billion, driven by the introduction of the Goods and Services Tax (GST). It said since its implementation, the number of registered companies have

Highlights Of The 2015/2016 Economic Report

KUALA LUMPUR, Oct 23 – Following are highlights of the 2015/2016 Economic Report issued by the Finance Ministry Datuk Seri Najib Tun Razak who is also Prime Minister in conjunction with the tabling of the Budget 2016 here today at Dewan Rakyat. * Goods and Services Tax (GST) to rake

Budget 2016 Live Coverage

”Live Updates Is Over. Thank You For Your Support Towards Pocket News” [divide] RTM TV1 [divide] Budget 2016 Live Feed: [gap height=”20″] 5:45pm – PM Najib had concludes his tabling of budget at the Parliament. 5:40pm – The 2016 Budget allocates a total of RM267.2 bln compared with the revised RM260.7 bln in

Twenty-Three Areas Register Unhealthy API As At 12PM

KUALA LUMPUR, Oct 23 – Twenty-three areas recorded unhealthy Air Pollutant Index (API) readings as of 12 pm Friday. According to the Department of Environment’s portal, the areas were Langkawi (165); Bakar Arang (161); Seberang Jaya 2 (160); Alor Setar (153); USM, Penang (152); Kangar (147); Perai (138); and Seri Manjung (135). Other areas with unhealthy air quality were S

Najib: Govt Will Not Bear The Extra Cost For MRT Project

PARLIAMENT, Oct 23 – Finance Minister Najib Abdul Razak in a written reply here on Thursday that the government will not bear any extra cost for the MRT project despite the ringgit’s plummeting value on the currency market. Instead, he said the cost so far was with the totalling of RM600,000 that would be borne by the contractors

Parliament To Discuss Haze Issues In The Country

KUALA LUMPUR, Oct 22 – The Dewan Rakyat had been approved the motion here on Wednesday to discuss the haze in the country. The motion was tabled by Hee Loy Sian (PKR-Petaling Jaya Selatan) and approved by deputy speaker Datuk Seri Dr Ronald Kiandee. Kiandee said he was allow this motion in accordance with

School In 4 State To Be Close On Friday

KUALA LUMPUR, Oct 21 – Schools in four State will be closed tomorrow as Pulau Pinang, Kedah, Perlis and Perak. This is according to a statement by the Education Ministry today based on Air Pollutant Index (API) readings at 3pm today which were found to be at unhealthy or very unhealthy levels.

Wan Azizah Vote For No-Confidence Against PM

KUALA LUMPUR, Oct 22 – Opposition Leader Datuk Seri Dr Wan Azizah Wan Ismail (Permatang Pauh- PKR) has filed the notice for her motion for a vote of no-confidence against Prime Minister Datuk Seri Najib Razak (Pekan- BN). She submitted the notice earlier today. In a press conference at the Parliament lobby,

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