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RM50 Million Scheme Different From US Sub-prime

KUALA LUMPUR, Sept 12 (Bernama) -- The Budget 2008's move to provide RM50 million as guarantee to banks offering housing loans to those without fixed income will not create something similar to the sub-prime crisis in the US if the scheme were to fail, a tax expert said.

Tax Expert Sees 2009 As Realistic Time To Implement GST

KUALA LUMPUR, Sept 12 (Bernama) -- Year 2009 is seen as a realistic and dynamic time to implement the goods and service tax (GST) as people will be more prepared, according to a tax expert.

KLCI To Benefit From Budget 2008's Tax Incentives And Measures

KUALA LUMPUR, Sept 10 (Bernama) -- The tax and expenditure measures outlined in Budget 2008 will provide a healthy balance between prudent fiscal spending and measures to spur the country's economic growth, according to an analyst.

EPF Incentive To Spur Consumer Led Growth

PUTRAJAYA, Sept 8 (Bernama) -- The government's decision to allow Employees Provident Fund (EPF) contributors to withdraw RM9.6 billion a year to finance house purchase will not only significantly impact the property sector but will spur consumer-led growth, Second Finance Minister Tan Sri Nor Mohamed Yakcop said.

RM4 Bln Allocation Big Boost For Development In Sarawak, Says Taib

MUKAH, Sept 8 (Bernama) -- Sarawak Chief Minister Tan Sri Abdul Taib Mahmud has described the RM4 billion allocation for Sarawak under the 2008 Budget as a big boost to expedite development in the state.

   
 

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