Business

Asian markets sink further on global economy fears
Monday, October 13, 2014

Asian markets sink further on global economy fears
 
Hong Kong, China | AFP | Monday 10/13/2014 - 02:34 GMT | 452 words
 
Asian markets suffered fresh selling pressure Friday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fuelled by global growth concerns.
 
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MH17: Remains of Malaysian victim to be flown to Australia
Monday, October 13, 2014

KUALA LUMPUR -- The remains of Shaliza Zaini Dewa, one of the 44 Malaysians who perished in the Malaysia Airlines flight MH17 crash, are expected to be flown to Australia on Tuesday.
 
In disclosing this, Transport Minister Datuk Seri Liow Tiong Lai said this arrangement was requested by her family.
 
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BR1M: A move in the right direction?
Thursday, October 9, 2014

The anticipated increase in BR1M or Bantuan Rakyat 1Malaysia cash handout in Budget 2015 has become a reality with Prime Minister Datuk Seri Najib Razak's announcement that the cash amount would be increased from the current RM650 to RM950.  The increase was certainly welcomed by many but there has also been a long list of questions pertaining to the handout.  ...

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Budget:11,757 more policemen prove government's commitment to combating crime
Saturday, October 11, 2014

KUALA LUMPUR -- Boosting by 11,757 the number of policemen to combat crime proves the government's strong commitment to reducing crime rates and ensuring the safety of the public and business community. 

Crime analyst Datuk Akhbar Satar said the move was much lauded as the policeman:resident ratio in Malaysia was currently at 1:500, while the recommendation by Interpol was 1:250.
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Petrol and diesel subsidy restructuring to be implemented in phases
Saturday, October 11, 2014

KUALA LUMPUR -- The restructuring of petrol and diesel subsidies will be implemented in phases next year involving both commercial and passenger cars, says Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah.

He said the restructuring plan was already ready and would be announced by Prime Minister Datuk Seri Najib Tun Razak in the next few weeks.
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Twitter users take Budget 2015 to the net
Friday, October 10, 2014

Budget 2015 tabled by Prime Minister Datuk Seri Najib Razak on Friday drew mixed reactions from netizens nationwide, particularly on social networking site Twitter. People friendly provisions in the RM273.9 billion Budget, especially exemption on several essential consumer items from the Government Service Tax (GST) to be implemented in April next year had the netizens heave a sigh of relief....

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Budget: Ipoh-Butterworth ETS to begin operation from April 2015
Friday, October 10, 2014

KUALA LUMPUR -- The Electric Train Service (ETS) for Ipoh-Butterworth route will begin operation from April next year, Prime Minister Datuk Seri Najib Tun Razak said.

Najib, who is also Finance Minister, said it was part of the government's initiatives to improve the public transport system.

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Petrol and many items exempted from GST
Friday, October 10, 2014

KUALA LUMPUR -- October 10, 2014: The retail sale of RON95 petrol, diesel, and LPG be given relief from the payment of Goods and Services Tax (GST), to ensure the implementation of the new tax does not burden the people. Prime Minister Datuk Seri Najib Tun Razak said that the also government also agreed that electricity consumption that is not subject to GST be increased from 200 to 300 units....

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Najib unveils "people economy" Budget 2015 - UPDATED
Friday, October 10, 2014

KUALA LUMPUR -- Budget 2015, unveiled by Prime Minister Datuk Seri Najib Tun Razak today, continued to be business and investor-friendly as well as inclusive, taking into account the concerns of the rakyat by emphasising on the needs of the middle and lower income group.Noteworthy among the proposals highlighted for businesses are the promotion of high quality investments, encouraging the...

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Budget: half-month salary or minimum RM500 bonus for civil servants
Friday, October 10, 2014

KUALA LUMPUR -- The 1.5 million civil servants in the country will receive a half-month salary or a minimum of RM500 as bonus which will be paid in January next year, Prime Minister Datuk Seri Najib Tun Razak announced when tabling Budget 2015 in the Dewan Rakyat today.

Najib, who is also Finance Minister, also announced that Government pensioners will receive special financial assistance of RM250....

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