Loke: Report On HSR Meeting Will Be Presented To Cabinet

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SEREMBAN, Aug 12 – A detailed report on the Kuala Lumpur-Singapore High-Speed Rail (HSR) project following the meeting between Economic Affairs Minister Datuk Seri Mohamed Azmin Ali and Singapore’s representative, will be presented to the Cabinet next week, said Transport Minister Anthony Loke. He said that he had not been informed

IGP: PDRM Are Still Hunting For Jho Low

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PORT KLANG, Aug 11 –  The Royal Malaysian Police (PDRM) are still hunting for businessman Low Taek Jhow or Jho Low over the 1Malaysia Development Berhad (1MDB) scandal, said Inspector-General of Police Tan Sri Mohamad Fuzi Harun. “Investigations against him are proceeding as normal,” he said briefly to reporters when asked

Printed Books Still More Popular Than e-Books

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KUALA LUMPUR, Aug 11 – With various e-book reading applications on smartphones available for free, the convenience of digital books still cannot match the satisfaction one gets from reading printed books. Layar Minda Publications publisher Norden Mohamed believes although the per copy costs are higher due to costs of shipping, demand

Penang Records RM1 Billion Investment In Q1

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GEORGE TOWN, Aug 11 – Penang has chalked up investments worth RM1 billion in the first quarter of this year. Chief Minister Chow Kon Yeow said the first quarter figure comprised RM580 million of foreign investments and RM439 million from domestic investors. “With the record investment captured so far, Penang is expected

Customs: Trust Fund Short Of RM19.4b To Repay GST

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PUTRAJAYA, Aug 10 – The full amount of RM82.9 billion demanded by the Royal Malaysian Customs Department (JKDM) for repayment of the Goods and Services Tax was not transferred to the Trust Fund, said Customs Director-General Datuk Seri T. Subromaniam. He said that for the period from April 1, 2015, until

Application To Raise MPSP Status To A City

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GEORGE TOWN, Aug 10 – The Penang state government will apply to the Ministry of Housing and Local Government (KPKT) to raise the status of Seberang Perai Municipal Council to that of a city in the near future. Chairman of the State Committee on Housing, Local Government and Urban and Rural

EPF And Grab Sign MoU To Promote i-Saraan Among Ride-Hailing Drivers

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KUALA LUMPUR, Aug 9 – The Employees Provident Fund (EPF) and ride-hailing service provider, Grab Malaysia, signed a memorandum of understanding (MoU) to encourage the ride-hailing driver-partners community to participate in EPF’s voluntary retirement savings programme, Caruman Sukarela Insentif Persaraan (i-Saraan). EPF Chief Executive Officer Datuk Shahril Ridza Ridzuan said members

Companies Should Seek Legal Advice On GST Refunds

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KUALA LUMPUR, Aug 9 – Companies which are unable to collect their Goods and Services Tax (GST) refunds from the Royal Malaysian Customs Department should seek legal advice, said Lee Hishamuddin Allen & Gledhill (LHAG) Partner, S. Saravana Kumar. He said companies can consult legal advisors if they do not get

Guan Eng: Refund For GST Input Tax Cannot Be Realised

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KUALA LUMPUR, Aug 7 – The tax refund for the input tax of  outstanding Goods and Services Tax (GST) is not likely to be carried out as the money paid in advance was not included in the government’s trust account under the previous administration, said Finance Minister Lim Guan Eng. He said the money paid in

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