Commenting on a report that the Federation of Malaysian Manufacturers (FMM) has backed a proposal for the government to increase the threshold to RM1 million from RM500
"If you compare regionally, like Thailand and
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"It is not too high nor too low and (we are not looking at any revision) at this moment," he told reporters after witnessing the '1,600 Pandas World Tour'
Chua said the RM500
He said an initial survey showed that only between 12 and 13 per cent of the companies would be required to register for GST as not all businesses hit the turnover of RM500
FMM chairman, Datuk Saw Choo Boon, had said the RM500
On whether there would a reduction in electricity tariff in the second half of this year due to lower crude oil and coal prices, Chua said the government would monitor the situation before making any decision.
"We need to look into the coal and gas prices because the bulk of energy produced by Tenaga Nastional Bhd does not solely use crude oil as it has been using a lot of coal and gas.
"Coal price has dropped slightly and this is something we will definitely be monitoring. If there is further
The 1,600 paper mache Pandas have gathered at Publika Mall in Sri Hartamas for a two-week grand exhibition after travelling to more than 15 iconic locations in Peninsular Malaysia to promote the importance of environmental conservation and sustainable development.
Those interested can register online for a chance to bring home a paper mache panda at RM150 each where all proceeds will be channeled to WWF-Malaysia's conservation efforts.