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List Of 40 Richest Malaysian Individuals For 2011

Tweet Robert Kuok, the sugar king who owns a string of five-star hotels in the region, retained his position as the richest individual in Malaysia with assets worth a staggering RM50.04 billion. with telecommunications tycoon T. Ananda Krishnan, who is worth RM45.78 billion, coming in a close second. In third place is Public Bank chairman […]

New Public Cellular Phone Numbering Format 3 + 8

Tweet The Malaysian Communication and Multimedia Commission (MCMC) today announced that Malaysia is in the midst of implementing a new public cellular phone numbering format which is 3 + 8. The announcement was made at a briefing held at MCMC Headquarters which was attended by industry members, regulatory bodies, the media, consumer forums and interested […]

National Automotive Policy 2010

Tweet The “good feelings” brought by some benefits in the 2010 Budget have been wiped off by the new National Automobile Policy (NAP). The government will continue protecting domestic cars, making the public suffer. As expected, the revised NAP will not lower car prices and the government will maintain the high import duty and excise […]

2010 Budget Highlights

Tweet Some of the highlights of the Budget 2010 presented by the Prime Minister Datuk Seri Najib Tun Razak are as follows; Employees EPF contributions will be raised again to 11 per cent on a voluntary basis with immediate effect. However, from Jan 1, 2011 employees’ EPF contribution will revert to 11 per cent. The […]

Bird’s Nest Boom In Malaysia

Tweet Image via Wikipedia Thousands of bird “motels” have opened across Malaysia to lure the swiftlets whose nests are harvested to make bird’s nest soup, a costly delicacy in Chinese cuisine. But as the business booms and flocks of swiftlets — who make the nests out of their saliva — descend on towns and villages, […]

Selangor Plans New Tax System

Tweet The Pakatan Rakyat (PR) Selangor state government is planning to introduce a new tax system which will allow it to have control over taxes. Mentri Besar Tan Sri Abdul Khalid Ibrahim wants to implement a zakat system that is currently practiced by Muslims to the non-Muslims in the state. “The state and federal government […]

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