The gap may have narrowed, but that’s not the whole story.
Enjoy your last week of shopping & dining tax free!
This marks the third straight quarter of slowing growth for Malaysia, as GDP growth drops to 4.5 percent.
The Malaysian government is getting closer to implementing the SST, with both tax bills approved by the Dewan Rakyat this week.
Read what analysts say on how the loan sector will perform as we head into the second half of 2018.
The state contributes 23.0% of Malaysia’s gross domestic product (GDP).
What will be taxed come September?
The minimum wage in the country is expected to be increased within the next couple of months.
New government, better economy?
The change in government would not materially alter growth trends in the near term.