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Malaysia Budget 2014: 6% GST, Sugar Subsidy Cut, more BR1M
Oct26

Malaysia Budget 2014: 6% GST, Sugar Subsidy Cut, more BR1M

Malaysia Budget 2014 was being announced by Prime Minister Dato’ Sri Mohd Najib Razak in the Dewan Rakyat yesterday on 25th October 2013. Implementation of 6% Goods and Services Tax (GST) rate effective 2015 with a new income tax structure, abolishment of the 34 sen sugar subsidy and increased BR1M payments were among the main highlights of the Budget 2014. The Budget 2014 is formulated based on the theme “Strengthening...

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Tiered fuel plan scrapped vs Fuel prices set to rise

Okie… Confirmed tiered fuel plan scrapped but now what? “Fuel prices set to rise…” for all the CC no matter you driving 800cc Kancil or or aboce 2.0cc cars… It’s no different, this is because it’s set to rise 10 sen. Will it affect our roti canai, teh tarik, mamak or kopitiam price again? Please do not do that… Petrol price increased, they increase the roti price but when petrol price...

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Malaysia considers dumping petrol subsidy scheme and we have no more petrol subsidy?!?

What??! We are not getting subsidy from our Malaysia Government anymore and we are the one who subsidising the Malaysia Government? In actual fact we should be paying RM1.62 or RM1.70 per liter? What say you and what’s your reaction? How could it be? Malaysia considers dumping petrol subsidy scheme Malaysia is not currently subsiding petrol and may dump its subsidy scheme altogether, despite major protests earlier this year over...

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