Updated 31 October 2017 According to TradingEconomics.com, Malaysia’s labor force participation rate is about 67% as of April 2016 where 14.2 million people are employed out of the total of 14.71 million. With the gloomy economy dragged by the oil price crash and a series of multinational corporation budget cuts which led to high number…
Remember the Digital Tax mentioned in the tabling of the 2019 Budget? The bill has now passed in the Dewan Rakyat. The tax is set to be imposed on foreign digital service providers starting 1 January 2020.
The Malaysian government recently announced the 3 months loan moratorium extension and targeted bank assistance update. This directly benefits SMEs, individuals who lost their jobs and those who have had their salary cut due to COVID-19 pandemic. Read more to find out how you can apply for this extended moratorium.
Kerajaan Malaysia baru-baru ini mengumumkan lanjutan moratorium selama tiga bulan and bantuan bank bersasar. Ini akan memanfaatkan PKS dan individu yang hilang pekerjaan dan gaji terjejas akibat pandemik COVID-19. Baca lebih lanjut untuk mengetahui bagaimana anda boleh memohon moratorium tambahan ini.
If your finances are still affected by the pandemic, rest assured knowing that Bank Negara Malaysia (BNM) has confirmed that repayment assistance will extend until 2021. This article explains everything you need to know about the targeted assistance, read more to find out.
About 500,000 applications for repayment assistance have been received by Bank Negara Malaysia (BNM) as Malaysians transition into targeted repayment assistance following the end of the six-month loan moratorium period on October 1, according to BNM.
The reintroduction of the Sales and Services Tax (SST) will see its rate set at 10% for sales and 6% for services. This was announced by Finance Minister Lim Guan Eng on 16 July 2018, who informed that the Bill on SST will be passed in Parliament sometime in August.
Be careful if you sing Despacito in public since it’s now considered an obscene song, you could be fined! Don’t believe us? Read on. We found some offences that most Malaysians (ourselves included) may not know are illegal. Some are quite funny, while some are disturbing.
The latest moratorium that recently started on July 7th 2021 is the second one the government has announced since the pandemic began. There are some differences between this moratorium and the previous one.
If you’re a student who’s about to graduate, one of your biggest concerns would be your student debts/loans, if there are any. Ideally, once you start working, you’d like to clear off your loans bit by bit. But education isn’t cheap, and paying your loans off can take a while. Now we’ve all heard of…
