Chester Tay & Sangeetha Amarthalingam

Sunday 30 Mar 2025

Chester Tay & Sangeetha Amarthalingam

26 Jul 2018, 08:00 am

Prasarana chief’s tenure may be cut short — sourcesKUALA LUMPUR: Prasarana Malaysia Bhd president and group chief executive officer (CEO) Masnizam Hisham may see her three-year tenure cut short as she is said to be leaving the company amid criticism from lawmakers that it had caused the cost of the light rail transit line 3 (LRT3) project to ball...

By Chester Tay & Sangeetha Amarthalingam / The Edge Financial Daily

26 Jul 2018, 08:00 am

20 Jul 2018, 08:00 am

Guan Eng: SST covers only 38% of CPI basketKUALA LUMPUR: The upcoming sales tax and service tax (SST) will only be imposed on 38% of the Consumer Price Index (CPI) basket of goods, as compared to 60% by the goods and services tax (GST). Finance Minister Lim Guan Eng said facts and figures do not support claims by former prime mi...

By Chester Tay & Sangeetha Amarthalingam / The Edge Financial Daily

20 Jul 2018, 08:00 am

Dr M: Oil producing states to get 20% royaltyKUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad assured oil producing states yesterday that they would receive 20% of oil royalties as stated in Pakatan Harapan’s election manifesto. “All [oil producing] states, everybody will get 20% of the profit from their area. If the area prod...

By Chester Tay & Sangeetha Amarthalingam / The Edge Financial Daily

20 Jul 2018, 08:00 am

19 Jul 2018, 08:00 am

Only a country that looks back switches from GST to SST — Ahmad ZahidKUALA LUMPUR (July 19): Opposition leader Datuk Seri Ahmad Zahid Hamidi condemned Putrajaya's move to switch Malaysia's consumption tax system to sales and services tax (SST), from goods and services tax (GST). In a press conference at the Parliament lobby today, Ahmad Zahid said only a...

By Chester Tay & Sangeetha Amarthalingam / theedgemarkets.com

19 Jul 2018, 08:00 am

Parliament

19 Jul 2018, 08:00 am

SST covers only 38% of CPI basket, Guan Eng saysKUALA LUMPUR (Jul 19): The upcoming sales and services tax (SST) will only be imposed on 38% of the Consumer Price Index (CPI) basket of goods, as compared to 60% by the goods and services tax (GST). At a press conference in Parliament today, Finance Minister Lim Guan Eng said facts and...

By Chester Tay & Sangeetha Amarthalingam / theedgemarkets.com

19 Jul 2018, 08:00 am

Highlight

19 Jul 2018, 08:00 am

SST can cut consumption tax by half, says Guan EngKUALA LUMPUR (July 19): Putrajaya has conceded that the sales and services tax (SST) system is not as transparent as the goods and services tax (GST), but stressed that the former is able to reduce Malaysian consumption tax by half. In his parliamentary response to Ayer Hitam member of ...

By Chester Tay & Sangeetha Amarthalingam / theedgemarkets.com

19 Jul 2018, 08:00 am

Highlight

17 Jul 2018, 08:00 am

It won't be 16% SST, clarifies deputy ministerKUALA LUMPUR (July 17): The rate of the sales and services tax (SST) that will be imposed from Sept 1 is not 16% as wrongly assumed by some people, said Deputy International Trade and Industry Minister Ong Kian Ming. Ong said the separate rates for the two categories of the SST, namely ...

By Chester Tay & Sangeetha Amarthalingam / theedgemarkets.com

17 Jul 2018, 08:00 am

Don’t scrap GST for political reasons — KhairyKUALA LUMPUR (July 17): Rembau Member of Parliament Khairy Jamaluddin today appealed to the Pakatan Harapan-led government against scrapping the goods and services tax (GST) for political reasons, in a last ditch effort to stop the three-year-old consumption tax system from being replaced with th...

By Chester Tay & Sangeetha Amarthalingam / theedgemarkets.com

17 Jul 2018, 08:00 am

Opposition MPs walk out over Speaker’s electionKUALA LUMPUR: The opening of the historic 14th Parliament, which marks the first change of government for the country, was marred by a walkout by Barisan Nasional (BN) and PAS members of parliament (MPs), protesting that the election of the Speaker did not follow procedure. The disrupti...

By Chester Tay & Sangeetha Amarthalingam / The Edge Financial Daily

17 Jul 2018, 08:00 am

Parliament

16 Jul 2018, 08:00 am

Dr M describes opposition's walkout as 'Sandiwara'KUALA LUMPUR (July 16): Prime Minister Tun Dr Mahathir Mohamad has described the opposition walkout this morning amidst the appointment of Dewan Rakyat Speaker as an act of 'Sandiwara', an Indonesian term for drama, implying those who left the hall were being dramatic. "That is 'Sandiwa...

By Chester Tay & Sangeetha Amarthalingam / theedgemarkets.com

16 Jul 2018, 08:00 am

Making a bold move in Kota Kinabalu

Man of the house

Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers

Young man rescued from Cambodia job scam repatriated to Malaysia

Insolvency DG warns of rising trend in self-declared bankruptcy

Aid rushes into Myanmar after earthquake kills over 1,600, ravages cities

South Korea, China, Japan agree to promote regional trade as Trump tariffs loom

DBKL officers relieved of duties pending probe into balloon vendor incident

Insolvency DG warns of rising trend in self-declared bankruptcy

Earthquake: 50 SMART team members leave for SAR mission to Myanmar

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