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leakages

A collection of 3 posts
Critical to plug leakages as economic uncertainties loom
contraband

Critical to plug leakages as economic uncertainties loom

IN addition to stimulating the Malaysian economy, the Government must remain committed to safeguarding existing economic resources while enhancing tax collection by capping leakages, said a business and economic lecturer today. This is given that the global and domestic economic outlook for 2022 and 2023 remains challenging and uncertain, according
22 Jan 2022 2 min read
Government Must Continue to Sustain Economic Recovery and Address Leakages in 2022
ECONOMY

Government Must Continue to Sustain Economic Recovery and Address Leakages in 2022

KUALA LUMPUR – 31 December 2021 – As Malaysians will be celebrating the New Year tomorrow, the Government under the leadership of Prime Minister Datuk Seri Ismail Sabri Yaakob must maintain its momentum in revitalising the national economy impacted by the COVID-19 pandemic as well as addressing the financial leakages amounting to
31 Dec 2021 2 min read
Tobacco: Gov't to lose RM254mn in revenue leakage
excise duty

Tobacco: Gov't to lose RM254mn in revenue leakage

For every 10% increase in excise duties, illicit tobacco trade incidence could increase by as much as two percentage points, potentially causing the government to lose an additional RM254 million in uncollected excise taxes, revealed a non-governmental think tank today.  The Datametrics Research and Information Sdn Bhd (DARE) Winning The
07 Oct 2021 2 min read
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