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2017-02-20 09:48 | Report Abuse
Monday, 20 February 2017
Minister announces DFTZ tax exemption
image: http://www.thestar.com.my/~/media/online/2016/11/12/04/15/ong-ka-chuan-mca-1211.ashx/?w=620&h=413&crop=1&hash=AF2AB5C026560C187B03AD966750CA29E33C7E55
Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan(filepic) said currently goods worth RM500 and below purchased through e-commerce were not subjected to any tax..
Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan(filepic) said currently goods worth RM500 and below purchased through e-commerce were not subjected to any tax..
IPOH: The purchase of goods via the Internet, or e-commerce, worth RM1,200 and below, will be exempted from paying tax in the Digital Free Trade Zone (DFTZ).
Second International Trade and Industry Minister Datuk Seri Ong Ka Chuan said currently goods worth RM500 and below purchased through e-commerce were not subjected to any tax.
“This facility aims to reduce tax barriers to enable Malaysians to play an active role in e-commerce not only in the country but also at the international level,” he said.
Ong said this to reporters after attending the Chinese New Year celebration organised by Perak Wanita MCA here.
Also present was Wanita chief Datuk Heng Seai Kie.
At present, he said, there was no policy in which goods worth RM500 and below would not be taxable.
Under the DFTZ, the amount would be raised from RM500 to RM1,200 in the initial stage, he said.
Meanwhile, Ong said, Prime Minister Datuk Seri Najib Tun Razak would launch the DFTZ next month where Alibaba Group chairman Jack Ma will be appointed digital economy adviser to the Government. — Bernama
Read more at http://www.thestar.com.my/business/business-news/2017/02/20/minister-announces-dftz-tax-exemption/#Fh1VS7ePr4KTL8my.99
2017-02-17 22:11 | Report Abuse
Residents of the city have called for the Trump name to be removed from the Trump International Hotel & Tower Vancouver, the report said..... Report from the Edgedaily today.
2017-02-17 17:46 | Report Abuse
Will Jack Ma tie up with Mpay?
2017-02-15 22:54 | Report Abuse
PResident Trump and his government is now having problems. Only 27 days in office. So if you have a product linked to the name Trump, is it good or bad?
2017-02-10 15:26 | Report Abuse
Yes ezobear. Mpay is the ONLY fintech P2P listed company the country. Read the Edgedaily today on Dutch fintech co and related stories.
2017-02-08 21:23 | Report Abuse
Bursa to introduce SME market in Q2. 98.5% of companies in Malaysia are SMEs , contributing to 30% of nation's GDP. Big SME lending market out there. Great potential for Mpay
2017-02-08 20:59 | Report Abuse
The Edge wrote recently that at least one P2P of the six approved by SC is in talks with a bank on possible busines tie up. Could it be Mpay?
2017-02-08 20:56 | Report Abuse
TAgb completes purchase of trump tower canada for C100m. Sell on news?
2017-02-05 11:19 | Report Abuse
Year 2017 is the year of Digital Economy, E commerce, and Cashless payments. Jack Ma will be here next month to launch Malaysia Digital Economy. The next driver of economy into 2020.
2017-01-27 09:07 | Report Abuse
No effect on tagb. Unrelated. Q results will be good.
2017-01-19 21:04 | Report Abuse
Tomorrow. Jan 20th. Swearing in of the 45th President of the United States of America.
2017-01-15 22:46 | Report Abuse
5 days to go before TAGB client Trump is sworn in as President. The opening of the new Trump hotel is also scheduled around 20th. ..
2017-01-13 15:40 | Report Abuse
Those who are selling now at 28/28.5s are the ones caught on 8 Nov, the day Trump won the election. Soon there will be no more sellers once more and more people read this forum. Tony must gobble up all the willing sellers at this price quickly to ensure his average cost of taking it private goes down.
2017-01-12 11:45 | Report Abuse
Yes. Taking private and relist it oversea is better bet. Currently BNM requires all overseas profits nee to convert 75% back to ringgit. Tony would hv mopped up all free float shares below 28s. If he makes GO at say 40s or so, he need not fork out so much to take it private.
2017-01-11 16:21 | Report Abuse
Tonite, President elect and TAGB customer Trump will give his first press conference. Markets will be watching...DOW may break 20,000 if its good..
2017-01-10 15:56 | Report Abuse
Trump will be the next 45th President of the United States of America after swearing in on 20th January 2017, next Friday. What could be more significant than have the President of USA as your Client..!!
2017-01-10 11:35 | Report Abuse
Just like Trump + Ivanka, Tony + Son will make TAGB its empire. Very little free float shares. Grossly undervalued. Next Q results should be fantastic. IF Trump were to build a Trump Tower in Msia, TAGB should get it.
2017-01-09 16:13 | Report Abuse
Mpay will be Malaysia's first e-bank??
2017-01-09 15:11 | Report Abuse
Mpay has money lending license under P2P. Many people now knocking door wo..
2017-01-08 20:45 | Report Abuse
Very solid counter . Call warrants better exposure . At 36s call warrant will be 18s.
2016-11-12 23:34 | Report Abuse
Ifca affected by drop in Msia and China business.... Going back to 7s soon...!
2016-11-11 16:39 | Report Abuse
RInggit plungged !! Financial crisis unfolding....Reach will hv to pay much more for QA. Deal cancelled?
2016-11-07 10:04 | Report Abuse
Yield investors will sell at 0.76s or more... If not , vote NO In egm and get back money in 2018!!
2016-11-04 23:14 | Report Abuse
The adjourned will be held no later than 10 Nov ie nxt thursday. Very simple...MTD Capital to push up above 78s and hold price,...and the QA will be passed hands down!!!
2016-10-24 15:07 | Report Abuse
X
Bull13 Is EAH going into IoT?? PM Has declared year 2017 is year of internet and digital economy. The next phase of growth is Internet of Things...
24/10/2016 10:58
2016-10-24 10:58 | Report Abuse
Is EAH going into IoT?? PM Has declared year 2017 is year of internet and digital economy. The next phase of growth is Internet of Things...
2016-10-13 17:10 | Report Abuse
Same story as CLIQ & SONA, warrants will drop to 1s....
2016-10-12 19:17 | Report Abuse
Whoever takes up the 10% private placement block, presumably a friendly party, will lend extra weight to the owners in terms of voting rights. Looking very good .. As of today Credit Suisse Has only 7.61%. This time the yeild investors are really being challenged..
2016-10-12 10:46 | Report Abuse
The key is once SC approves the private placement the EGM will have a very chance of approving the QA.
2016-09-30 18:36 | Report Abuse
Ytd accumulated profit is rm15m. Not bad for a penny stock...tp shd be 22s immediate term
2016-08-29 20:21 | Report Abuse
Benchmarked against other gold mining companies in the world, BORNOIL is the CHEAPEST!! Only US$ 0.05 cents!!
2016-08-16 17:21 | Report Abuse
Latest fm BLOOMBERG. Gold price up $10 now!!
2016-08-16 17:20 | Report Abuse
Even IRIS can outperform Mpay!! Bloody shameful!!
2016-08-04 22:27 | Report Abuse
Very undervalued GOLD counter....only USD 0.04s
2016-08-04 22:23 | Report Abuse
Very undervalued counter. GIANT telco tower company in the making...
2016-07-26 15:44 | Report Abuse
Kelvin. Dont dream . No dividends from this loss making company.
Anyway this announcement is no big deal....
2016-07-08 19:49 | Report Abuse
Flonic will change its name to SC ESTATE BUILDER BERHAD after coming EGM. Construction business.
2016-06-27 21:33 | Report Abuse
Flonic could be another Vivicom
2016-06-11 11:53 | Report Abuse
Is Flonic going into property development big time?? Is the new shareholder a property player?
2016-06-08 17:36 | Report Abuse
The buzz word is now FINTECH. So its FINTECH vs. MED TECH. Who will win??
2016-06-08 17:34 | Report Abuse
Private placement approved 2 June. New shareholder coming soon?
2016-06-06 18:00 | Report Abuse
Jiahio also makan belacan..kekeke
2016-06-02 14:28 | Report Abuse
madiba and bull bear. They all makan belacan. They know next to nothing.... Kekekeke
Stock: [MPAY]: MANAGEPAY SYSTEMS BERHAD
2017-02-24 17:09 | Report Abuse
Hopefully this time positive QR.