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Public scepticism valid, should be addressed.

Malaysia Airlines seeks UK court to complete debt restructuring by 1Q The Edge 6/1/2021 Kang Siew Li © Provided by The Edge KUALA LUMPUR (Jan 6): Malaysia Aviation Group Bhd (MAG), the parent of Malaysia Airlines Bhd, is exploring the use of a UK scheme of arrangement to complete its current debt restructuring exercise by the first quarter of 2021. This is pending confirmation from the remaining small minority creditors, it said. In a statement today, MAG said it is currently at the tail end of its restructuring exercise. “Good progress has been achieved with full suppor...

Malaysia collects over 100 million USD of digital service tax 15:41 | 30/12/2020 Malaysia collects over 100 million USD of digital service tax Kuala Lumpur - The Malaysian government has so far collected 428.07 million RM (105 million USD) from digital service providers since the start of the enforcement of the Digital Services Tax early this year, said Deputy Finance Minister Abd Rahim Bakri. He said the tax was imposed on, among others, Netflix, Amazon, advertisements on social media platforms such as Facebook and Instagram, as well as applications and games ...

KUALA LUMPUR (Dec 29): The government has so far collected RM428.07 million from digital service providers since enforcement of the Digital Services Tax early this year, said Deputy Finance Minister I Datuk Abd Rahim Bakri. He said the tax was imposed on, among others, Netflix, Amazon, advertisements on social media platforms such as Facebook and Instagram, as well as applications and games on smartphones. "This is a new source of revenue for the country and will be enhanced in the future. This collection is not only imposed on local digital service providers, but we have also started efforts...

Govt collects more than RM400 million in Digital Service Tax 29 Dec 2020 / 14:40 H. Pix for representational purpose only. KUALA LUMPUR: The government has so far collected RM428.07 million from digital service providers since enforcement of the Digital Services Tax early this year, said Deputy Finance Minister I Datuk Abd Rahim Bakri. He said the tax was imposed on, among others, Netflix, Amazon, advertisements on social media platforms such as Facebook and Instagram, as well as applications and games on smartphones. “This is a new source of revenue for the country and will be enhance...