PR Resource – Muarateweh.net

By SURAJ RAJ
– biz.thestar.com.my

CONSUMERS could be tightening their belts as they usher in the New Year in anticipation of further hikes in toll rates, public transportation and oil prices, industry observers said.

In addition, the expected slowdown in the global economy and uncertainties in the US market may also dampen the growth of Malaysia’s export sector.

If such an environment prevails, can domestic demand, which helped push Malaysia’s gross domestic product (GDP) growth to 6.7% in the third quarter of the year (Q3’07), maintain its momentum?

Standard & Poor’s Ratings Services sovereign and international public finance ratings director Sani Hamid believes it can, as long as employment and income prospects remain stable.

“Traditionally Malaysia’s growth has been export dependent but increasingly over the years, domestic demand has also been a pillar of growth. (continue reading…)

Export companies complain that now they cannot enjoy any preferences for exports after the Decree 24 guiding the implementation of the Corporate Income Tax was promulgated.

Under the WTO commitments, Vietnam must remove the direct support given to export companies, but it still can apply other kinds of allowed support and preferences.

Preferences for exports on the wane

Generally, once a new decree is promulgated to replace a previous decree on the same issue, it always maintains the tax incentives stipulated in the previous decree. However, the Decree 24 does not preserve the preferences stipulated in the Decree 36 from 1997.

Under Decree 36, foreign invested enterprises (FIEs), that make investment in industrial zones (IZ), would enjoy the preferential corporate income tax rate of 10% (during the whole life of (continue reading…)

That is an interesting color blend, many color but still looking harmonic each other. I hope this picture will be your inspiration if you looking for a different color trends for your interior design project.

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