KUALA LUMPUR: Economy minister Rafizi Ramli has acknowledged that the government may implement the goods and services tax (GST) in the future, when the time is right. Rafizi told a forum organised by a public
Read moreMonth: February 2023
Giant operator Dairy Farm to exit Malaysian grocery business after 24 years
KUALA LUMPUR : Hong Kong’s Dairy Farm International Ltd (DFI), which operates a chain of hypermarkets and supermarkets under the Giant, Mercato and Giant Mini brands, is exiting its grocery business in Malaysia, which has become
Read moreFrom Grab to Ant, Singapore’s digital bank race picks up pace
SINGAPORE: Digital banking is accelerating in Singapore as deregulation encourages tech companies like Grab to enter the market in hopes of attracting younger customers and small businesses. While this is expected to foster banking competition,
Read moreMore graduates remained unemployed 6 months after leaving school in 2022, survey finds
SINGAPORE — More graduates remained unemployed six months after leaving school, though median salaries went up last year, especially for technology-related jobs, a survey found. Of the 10,700 fresh graduates in the labour force polled
Read moreLynas rues being ‘singled out’, says many will lose jobs
Lynas Malaysia Sdn Bhd decries being singled out by the government despite complying with regulations. It said hundreds of jobs will be lost as a direct result if it is forced to close its cracking
Read moreBudget 2023 and you: What the measures mean for a young family
SINGAPORE – With inflation and the overall cost of living on the rise, Ms Jayasutha Samuthiran and her husband, who have a one-year-old daughter, have had to sit down to review their daily expenses and
Read more9,700 elderly households have sold part of flat’s remaining lease to HDB since 2009
SINGAPORE — About 9,700 households have sold part of their flat’s remaining lease back to the Housing Board (HDB) as of December 2022, with seven in 10 receiving between S$100,000 and S$200,000. The majority of
Read moreKarl Liew, son of ex-Changi Airport Group chairman, to plead guilty for lying in Parti Liyani’s case
SINGAPORE — Karl Liew Kai Lung, the son of former Changi Airport Group chairman Liew Mun Leong, is set to plead guilty for lying in the case of Ms Parti Liyani, a migrant domestic worker who
Read moreBursa ends lower on lack of fresh catalysts
KUALA LUMPUR : The FTSE Bursa Malaysia KLCI (FBM KLCI) ended lower for a third consecutive day on the lack of fresh catalysts as investors remain cautious amid the jittery performance of regional and global
Read moreAnalysts see positive but minimal impact on Sime Darby Plantation after US cleared it of forced labour issues
KUALA LUMPUR : The news that Sime Darby Plantation Bhd has been cleared of accusations of using forced labour by US authorities is a definite positive for the plantation group, according to analysts. But the
Read moreProton sales up 162% y-o-y in Jan 2023
KUALA LUMPUR : Proton Holdings Bhd’s sales surged 162.3% year-on-year (y-o-y) with 11,681 vehicles sold in January 2023, recording the best January sales since 2013. In a statement on Friday (Feb 3), the national carmaker
Read morePM Anwar unveils Malaysia Madani logo
KUALA LUMPUR (Feb 2): Prime Minister Datuk Seri Anwar Ibrahim on Thursday unveiled the logo of Malaysia Madani, a concept he introduced as an effort to drive and restore Malaysia’s dignity and glory in the
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