GST First, Point of Sale (POS) Compliance Later

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

Zeti: Ringgit will Regain Strength Again

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

Demand For Property Remains Stable Despite Current Challenges

KUALA LUMPUR, July 14 (Bernama) — Despite the economic and political challenges in the country, demand in Malaysia’s property market has remained stable, said Andaman Property Management Sdn Bhd Managing Director Datuk Seri Dr Vincent Tiew. He said investors, mainly repeat and first-time home buyers, still continue to purchase and place bookings on new projects … Read more