Is this the right time to reintroduce the GST? No. It is definitely the wrong time to reintroduce the GST at the previous rate of 6%. Why is it the wrong time? Because in time when economic growth is dropping off the cliff, having GST at 6% is essentially having an austerity program. It will […]

Because this entry is long, I will say it upfront: the diversification of 2015-2018 at its core was due to: Collapse in crude oil price, with Brent dropping from around $110 per barrel in early 2015 to about $40 per barrel by late December 2015. Half of the reduction in petroleum share of government revenue […]

The shifts from SST to GST, and back to SST were controversial. There were debates on its effects on inflation and living costs. While the GST introduction led to a one-time rise in price level and that, I think, has not been widely disputed, the effect of SST reintroduction on price level has been more […]

Recently, there was a column complaining about taxes on the middle class, claiming the middle class is being overtaxed.[1] The origin of the complaint is easily understood because a slew of measures have announced by the government and those new taxes include departure levy and the imposition of sales and service tax on some digital […]

The government is getting a lot of flak for its decision to adopt the dirty float mechanism in determining petrol and diesel prices. Pakatan Rakyat, Rafizi Ramli especially, is attacking the government by highlighting the fact that the government is not passing the full saving from the falling crude oil prices to the consumers and pointing out that […]

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