Ryan Lim 
PETALING JAYA: Mah Sing Group Bhd is proposing to the Government to bring back the developer interest bearing scheme (DIBS) for first-time home buyers. The developer is also suggesting a review of the real property gains tax (RPGT) as among several measures to boost the sector. “The property industry has a larger multiplier effect than … Read more
Chinese chambers say authorities should not rush small businesses into installing a point of sale (POS) system, adding that it’s more important to educate them on GST compliance. JOY LEE reports. SMALL traders should be given time to fully understand and comply with the Goods and Services Tax (GST) regime before the authorities enforce the … Read more
KUALA LUMPUR: Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz is again brushing off suggestions to peg the ringgit, saying that doing so would do more harm to the Malaysian economy. The ringgit has hit new 17-year lows against the US dollar in recent weeks, declining 26% year-to-date and closing at 4.395 yesterday. The … Read more