From security guards’ wages to introducing the GST and new third-party insurance, the government seem unable to implement what it says it will when it says it will.
Going bankrupt: One government, two viewsBy Gan Pei Ling
“If the government continues at the rate of 12% [debt growth] per annum, Malaysia could go bankrupt in 2019 with total debts amounting to RM1,158 billion.” MINISTER in the Prime Minister’s Department Datuk Seri Idris Jala, on the need for the government to cut subsidies on fuel, food, toll, health and education, as well as […]
Understanding GSTBy Deborah Loh
Malaysia is among the last in the region to impose goods and services tax (© Sanja Gjenero / sxc.hu) MALAYSIA is among the last in the region to impose goods and services tax (GST) but it still shelved its original implementation in 2007. It was only after spending the last two years in consultation with […]
Staying competitive, but for whom?By Michael Jeyakumar Devaraj
ON 16 June 2009, the government tabled an amendment to the Inland Revenue Board Act 1995 — a minor amendment that enables the board to meet once every two months, instead of once a month as in the original legislation. However, as is the practice in the Malaysian Parliament, when any amendment is opened for […]