Month January 2015
Set the GST threshold at RM 1 million instead
The compulsory manual GST registration for business entities with annual transactions above RM 500,000 is unnecessarily draconian, troublesome and inefficient. I would like to propose that the threshold be set at RM 1 million instead and with the Registrar of Companies (Suruhanjaya Syarikat Malaysia) playing…
Budget 2015 “revision” is just a PR exercise, USD55 per barrel price unrealistic
Media statement by DAP National Political Education Director and MP for Kluang Liew Chin Tong on 20th January 2015 On 27 October 2014, when the crude oil price was hovering at the US$80-85 per barrel mark, I called on Prime Minister and Finance Minister Dato’…
National Transportation Safety Board must not be another toothless tiger
I welcome the announcement by Transport Minister Datuk Seri Liow Tiong Lai on the establishment of the National Transportation Safety Board (NTSB) yesterday, but I have huge reservations about its effectiveness and independence. Based on the Ministry’s track record, we have reason to believe that…
Budget 2015: Appoint a new Finance Minister and cut “Prime Ministerial slush funds”
Media statement by DAP National Political Education Director and MP for Kluang Liew Chin Tong on 17th January 2015 While I welcome the supposed presentation of a belated revision of Budget 2015, I know that the people, especially those from Corporate Malaysia, are now hoping…
A perfect storm?
Published by The Edge in its year-end double issue in December 2014. 1. What are your key concerns for Malaysia in 2015? I would answer this question with a more targeted one, which is, Is the Malaysian economy headed for a perfect storm in 2015?…
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