Moody's sees measures to recover revenue from GST removal crucial
KUALA LUMPUR: Moody's Investors Service views the government's move to abolish the goods and services tax (GST) should be offset by other measures to help recover the loss from the revenue from the GST.
KUALA LUMPUR (Aug 15): Low cost carrier AirAsia’s digital ventures have yielded some US$1.5 billion in sales, according to AirAsia Group Bhd (AAGB) group executive chief officer Tan Sri Tony Fernandes.
Tweeting from his handle @tonyfernandes, he said; “Our Joint venture and Subsidiary sales have yielded us about US$1.5 billion. But wait till we get value for our three unicorns @bigpaymeapp @travel3Sixty Redbox logistics and Ourshop.”
Unity Technologies has been known among developers as the maker of a “game engine” since the tool debuted in 2005. But these days, “creation engine” might be a better name for it. That’s because experiences created with Unity are more often than not films, interactive movies, advertisements, or augmented reality and virtual reality content. The […]
KUALA LUMPUR (Aug 14): The FBM KLCI opened in the negative zone this morning, tracking the overnight losses at most global markets, dragged by ket index-linked blue chips.
At 9.05am, the FBM KLCI fell 3.68 points to 1,779.66.
The early losers included Petronas Dagangan Bhd, Kuala lumpur Kepong Bhd, Petronas Gas Bhd, Carlsberg Brewery Malaysia Bhd, Heineken Malaysia Bhd, Hong Leong Bank Bhd, Malaysia Airports Holdings Bhd, IHH Healthcare Bhd, Hengyuan Refining Company Bhd and Public Bank Bhd.