M’sia to scrap GST from 1 Jun and curtail expenditure while S’pore to up GST and borrow for mega projects

Malaysia’s new government announced yesterday (16 May) that it would abolish the Goods & Service Tax from 1 June next month. The move is likely to spur consumer spending but may put pressure on its fiscal position. However, Zeti Akhthar Aziz, a senior Read More