The Enlarged Scope of SST Malaysia: Is It Here to Stay? According to economists, the government must increase its tax net to balance the amassed income under the GST regime. This is important if the Sales and Service Tax (SST) Malaysia must remain. Also, the government should concentrate on increasing the range and coverage of…
Business Interest in Malaysia Still Going Strong Despite Global Economic Challenges Foreign Investments Increase Despite Economic Challenges Business interest in Malaysia continues to climb steadily despite the global economic challenges and competitive landscape. Approved investments in the first half of 2019 (1H2019) stemmed from manufacturing, primary sectors and the services sector. Growth in the…
Strong Q2 GDP for Malaysia Despite Cloudy Trade Risks Outlook Malaysia Recorded a Strong Gross Domestic Product (GDP) Growth in Q2 This Year Malaysia’s Q2 GDP grew faster than expected between April to June this year. This makes it the first Southeast Asian country to record accelerated growth. Spurred mainly by palm oil production…
Automatic Compound Reduction Implemented by the Companies Commission of Malaysia (SSM) The Companies Commission of Malaysia (SSM) will implement an automatic compound reduction rate method. This method is effective as of 1 July 2019. This measure is meant to help facilitate the settlement of compounds within a specified period. This approach encourages the corporate community…
Public Holidays in Perlis for 2019 Dates of the Perlis Public Holiday 2019 In 2019, there will be 22 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from perlis.gov.my original release which…
Public Holidays in Perak for 2019 Dates of the Perak Public Holiday 2019 In 2019, there will be 22 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from perak.gov.my original release which…
Public Holidays in Penang for 2019 Dates of the Penang Public Holiday 2019 In 2019, there will be 22 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from kabinet.gov.my original release which…
Public Holidays in Pahang for 2019 Dates of the Pahang Public Holiday 2019 In 2019, there will be 22 public holiday dates and 53 weeks in 2019 to take note: Note: Any holidays that fall on a Sunday will be replaced the following Monday. Click here for more information from kabinet.gov.my original release which…
Public Holidays in Negeri Sembilan for 2019 The Kerajaan Negeri Negeri Sembilan has released the dates of 2019 public holidays happening in Negeri Sembilan Malaysia. These dates may be modified if official changes are announced. Employers should be aware of the Negeri Sembilan public holiday to better manage business expectations and staffing requirements to ensure…
Public Holidays in Malacca for 2019 The Kerajaan Negeri Malacca has released the dates of 2019 public holidays happening in Malacca Malaysia. These dates may be modified if official changes are announced. Employers should be aware of the Malacca public holiday to better manage business expectations and staffing requirements to ensure a smooth transitional process.…