Latest Posts By pharoah88
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| 15-Mar-2010 14:07 |
Others
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harrassment at work -- does anybody care?
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GST is Economic Harrassment of CITIZENS | ||||
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| 15-Mar-2010 14:01 |
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harrassment at work -- does anybody care?
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Malaysi a’s GST Sales tax delayed indefinitely KUALA LUMPUR Prime Minister Najib Razak’s administration had previously planned to debate legislation in Parliament later this month to impose the tax by 2011 in an effort to boost revenue by about RM1 billion ($421 million) annually. The plan stirred fierce criticism from social activists and opposition parties, who insisted the tax would cause inflation to rise (ECONOMIC HARRASSMENT) and unnecessarily trouble poor and middle-class earners. Second Finance Minister Ahmad Husni Hanadzlah said on Saturday the government will indefinitely delay plans to debate the legislation until it can convince people that the tax would aid the country’s economic well-being. “It will depend on our engagement with the public and acceptance of the people on its implementation,” Mr Ahmad Husni was quoted as saying by Analysts have said the sales tax might spur public dissatisfaction against Mr Najib’s ruling coalition, the Barisan Nasional, which is expected to call for elections in the state of Sarawak sometime over the next year. “The question is which of these they want to secure — a balanced budget or an election victory,” Mr Azrul Azwar Ahmad Tajudin, Chief Economist at Bank Islam in Kuala Lumpur, was quoted as saying by Reuters.AGENC IES He added: “This is a policy flip-flop. Backpedalling will always send the wrong signals to the market and to foreign investors.” Opposition parties welcomed the delay and urged the government to completely scrap the GST plan. * HONG KONG has NO GST HARRASSMENT * They also said they will postpone a planned protest against the sales tax outside Parliament today. “This is a victory for PAS (Parti Islam SeMalaysia) and the Pakatan Rakyat, which have united to explain the ramifications of the GST to the people,” PAS vice-president Mahfuz Omar said. Mr Mahfuz and Parti Sosialis Malaysia secretary-general S Arutchelvan called for a referendum on the GST rather than just seeking public feedback. PSM has also asked the government to maintain corporate taxes at its current rates and to implement a minimum wage act to control the growing income disparity. The broad-based consumption tax is supposed to replace a narrowly-applied 10 per cent sales tax and 5 per cent services tax. It is meant to be levied on transactions at all stages of production of goods and services. The plan comes as the government seeks to cut its budget deficit and reduce reliance on income from state oil company Petronas, which contributes 40 per cent of its revenue. The budget deficit hit a more than 20-year high of 7.4 per cent of gross domestic product last year, according to government data. To help reduce the deficit, the government recently postponed electricity price rises and ended plans to hike subsidised petrol prices. — Malaysia’s government put off a politically risky plan (POLITICAL HARRASSMENT) to enforce a 4 per cent goods and service tax (GST), cheering opposition critics who claimed it would burden the poor (HARRASSMENT of the POOR).Bernama. “We do not want to put a time frame on that.” |
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| 15-Mar-2010 13:00 |
Novo Group
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Any opinion about Novo Group
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sEEms like there so many lObangs in this company. Management is creative, innovative, diversive, everything also on. What are their strengths in all these diversification? |
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| 15-Mar-2010 12:54 |
Others
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harrassment at work -- does anybody care?
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Economic Harrassments manifest in various forms and sexual harrassment is only one of them. Even Thaksin also suffered from Political Harrassment. All the wrOng THiNGS are endOrsed by peOple iN pOwer and pOwer is cOrrupt. lOOk at the KiLLiNGS of whales and dolphins in Japan. just lOOk at the HARRASSMENT on DEFiNiTiON of SeniOr CiTiZEN? isn't it at 55 years worldwide? What are all the World organizations for if there is nO wOrld Benchmark? SMRT SeniOr CiTiZEN is 60 years Employer is 62 years CPF ANNUITY is 65 years This is Citizen Harrassment. Every thing can be Harrassed when peOple are in pOwer and when pOwer is Corrupt. |
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| 15-Mar-2010 12:22 |
Mermaid Maritime
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Mermaid
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Monday, 15th March 2010 A unit of Mermaid Maritime has acquired Subtech Ltd to expand its subsea presence in the Middle East and the Persian Gulf. |
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| 15-Mar-2010 12:12 |
StarHub
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Starhub
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lOts Of BLACK HEARTS gOt RiCHER by the milliOns iNSTEAD but nOt rEtributEd
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| 15-Mar-2010 11:58 |
Healthway Med
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healthway, healthy?
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What is wrong with the general makret this morning? ghOst AGAiN ? |
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| 15-Mar-2010 11:46 |
Others
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SGX website down AGAIN ?? no service level siah!
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singapOre's HEAD is TOO HEAVY (mOuth is tOO BiG) and the bOdy [working team] is tOO small and Over-wOrked. small head is enOugh and singapOre nEEds a BIGGER bOdy to execute the actions and deliver the services. OVERPAYING the HEAD does not result in bEttEr customer services. It is important to the peOple making the service delivery in order to SOAR Customer Delights. |
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| 15-Mar-2010 11:41 |
Midas
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Midas
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ANSWER to this QUESTION is the KEY to MIDAS's growth and future share PRICES.
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| 15-Mar-2010 11:39 |
Midas
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Midas
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the ANSWER to this QUESTION is the KEY to MIDAS's growth and future share PRICES.
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| 15-Mar-2010 11:19 |
Eagle
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Stock at 0.07, Cash Distribution at 0.08!!!
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What is the company's FA? Can the specific assets sale actually raise the required amount of CASH? Even if shareholders disapprove, as long as the company's FA is SOLID, it will still be OK. |
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| 15-Mar-2010 11:14 |
Keppel Land
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Kepland
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S$0.08 dividend EX-DATE on 27 April 2010 | ||||
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| 15-Mar-2010 11:12 |
Keppel Land
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Kepland
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Use S$4.53 as a gauge and WATCH CLOSELY current development DAILY.
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| 15-Mar-2010 11:07 |
Eagle
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Stock at 0.07, Cash Distribution at 0.08!!!
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Is the Distribution already Confirmed and not just a rumours? Are there Enough Cash in the company to make the S$0.08 distribution? Is there integrity in their financial reports?
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| 15-Mar-2010 11:04 |
Entertainment
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Resorts World Sentosa - Universal Studios
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to maximise rides, always go for the shorter queues | ||||
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| 15-Mar-2010 11:02 |
Others
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RWS Casino
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I play only Roulette. With discipline, it is about 7 Wins versus 3 Losses. But it takes time and must never be greedy. Glad to hear about your confidence on Baccarat. Please advise on the fundamental concept to win in Baccarat. Thanks & regards
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| 13-Mar-2010 17:07 |
Hong Leong Fin
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Hong Leong Finance
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Upside S$3.67 - S$3.08 = S$0.590 (18%) gOOd rEtUrn?
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| 13-Mar-2010 17:03 |
FSL Trust
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FSL Trust - starting to see value in it
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Correction, the number is a mistake.
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| 13-Mar-2010 17:02 |
FSL Trust
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FSL Trust - starting to see value in it
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Pacific Shipping Trust pays US$0.0175 this quarter. | ||||
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| 13-Mar-2010 16:58 |
Swiber
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Swiber
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last TiME I hEard SWiBER was a strOng gUy
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