Budget 2024 failed to meet the aspirations of the palm oil industry, with several key elements from the Malaysian Palm Oil Association’s wish-list omitted in the budget proposal.
The Malaysian Palm Oil Association had called on the government to revert the rate of the windfall profit levy for Sabah and Sarawak to 1.5% in the upcoming Budget 2024 from the current 3%.
After court overturned a RM1 million takaful hibah, sparking confusion and concern among policyholders and the public, experts stress that it remains relevant if done properly
A restaurant owners’ group agrees it can be, while application guidelines show fee is not high but added costs lie in the process to achieve compliance