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A Farewell to GST Mustered from PETRONAS (Petroliam National Berhad), Malaysia’S State- Owned Oil Company

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A Farewell to GST Mustered from PETRONAS (Petroliam National Berhad), Malaysia’S State- Owned Oil Company FREE JUNE 2018 selangorjournal.my f facebook.com/selangorjournal/ How Victory Keeping Hope Of Breath of Around Town Was Won Promises of A Nation Fresh Air Reform FEATURE 6 FEATURE 10 FEATURE 13 LIFE STYLE 15 LIFE STYLE 16 BUSINESS 8 BUSINESS 4 A Farewell SELANGOR to GST by Batrisyia Jay PARAGON OF SUCCESS hen the Tsunami of May 9 gave birth to a new govern- ment led by Tun Dr Maha- thir Mohamad, one of its first tasks was to announce that the 6% Goods and Services Tax (GST) Wwould be rated 0% effective June 1, 2018. Pakatan Harapan (PH) stuck to its promise to remove GST and have it replaced with SST (Sales and Service Tax). By 2020, it hopes to The Selangor Pakatan Harapan be able to completely remove GST. government under Azmin Ali achieved A major move like this will certainly have the impossible; they increased the an impact not only on the country’s financial state’s financial reserves to more than standing, but on the people too. The income RM 4 billion, and attracted Foreign group that stands to benefit the most from the Direct Investment (FDI) to the tune removal of GST is the middle-income group of 5.59 billion in 2017 alone while as they are the ones who have to spend the still running modern, effective social most on household goods and services that do assistance programmes in the form of not fall under the zero-rated or GST-exempt the 42 Inisiatif Peduli Rakyat (IPR). categories. Story continues on page 4 Story continues on page 4 02 NEWS June 2018 | Selangor Journal New traffic flow for Subang raffic along Persi- Michelle reports that north- have to take. Hence in the next aran Kewajipan to bound vehicles travelling from two months from 9 June on- and from Kompleks USJ will not be allowed to turn wards, I encourage Persiaran 3K to DaMen has right onto Kesas to head to Kewajipan users to ask wheth- been a longstanding Kuala Lumpur. Instead, these er their overall travel time has issue for residents of Subang vehicles must turn left towards been shortened after sufficient TJaya. Shah Alam and take the nearby time has been given for drivers As such, MPSJ has been elevated U-turn. to get used to the new traffic.” working on a traffic manage- The left-most lane of the ment plan to improvise this four-lane northbound carriage- Michelle expresses that if it stretch of road, reports Subang way from USJ 1 to SS14 will be has, this will be a short term Jaya assemblywoman Michelle closed to allow smoother traffic pain for a long term gain. Mean- Ng Mei Sze in a recent Face- flow. while, if it hasn’t tempered with book post. “Southbound motorists will the driver’s travel time, then “Having researched and con- no longer be allowed to make Subang would have at least ex- sulted experts and stakeholders a U-turn at the traffic light in hausted an option in trying to including KESAS, I would like front of Da Men shopping mall. resolve this issue, adding that it to inform residents of Subang Motorists from Kuala Lumpur really is only a matter of com- Jaya that MPSJ will be running who are headed to SS14 must ing up with another solution to a trial for a new traffic manage- instead go past the interchange, the problem. ment plan at the interchange take the elevated U-turn and “This was not a decision between Persiaran Kewajipan exit Kesas via the slip road,” reached in haste. I would need and Shah Alam Expressway says Michelle. all of Subang to work together (Kesas) over two months, effec- “I am aware of a longer to solve this. Thank you in ad- tive 9 June,” says Michelle. route that some of us might vance, Subang.” fficers from the The officers says that they All members of INTERPOL, AGC, CAD and have received media queries on including Malaysia, would have MAS met the Ma- the issuance of INTERPOL Red been aware of the Red Notices laysian 1MDB Notices. when they were published. Singapore Taskforce led by “Singapore law enforce- The statement reports that Tan Sri Abdul Gani Patail in ment and regulatory agencies Singapore does not tolerate OSingapore on 8 June, 2018. have been actively investigat- the use of its financial system The meeting was held at the ing possible money-laundering as a refuge or conduit for illicit working invitation of the Singapore au- and other offences pertaining funds. thorities, following an earlier to 1MDB-related fund flows, “We have taken strong ac- meeting with the Taskforce last starting in March 2015.” tion against financial insti- week in Kuala Lumpur. Following investigations, tutions and individuals who closely on “It was a productive meet- the Singapore authorities is- have broken laws within our ing, with a fruitful exchange sued warrants of arrest in jurisdiction in connection with of information. Singapore has April/May 2016 and at Singa- 1MDB-related fund flows, in- been providing Malaysia infor- pore’s request, INTERPOL pub- cluding criminal charges and 1MDB mation on 1MDB-related fund lished Red Notices in October convictions, as well as large fi- flows, since March 2015, and 2016, for Low Taek Jho and Tan nancial penalties.” this was acknowledged by Ma- Kim Loong, who are suspected Investigations are continu- laysia,” the statement reports, to have committed offences in ing into several other individu- adding that both sides has Singapore and cannot be locat- als suspected of being involved agreed to continue this cooper- ed here. in 1MDB-related offences in ation. Singapore. ADVISOR Editorial Advisory Board, CCSB Democracy must be built CHIEF EDITOR through open societies that Cecelia Alphonsus share information. When there is information, there MANAGING EDITOR is enlightenment. When Editorial Ameena Siddiqi there is debate, there are Team solutions. When there is no WRITER sharing of power, no rule Batrisyia Jay of law, no accountability, there is abuse, corruption, subjugation and indignation. Aras 2, Carlton Holiday Hotel & Suite, No 1, Persiaran Akuatik 13/43 Seksyen 13, 40100, Shah Alam, Selangor Atifete Jahjaga Tel 03-5523 4856 Fax 03-5523 5856 Email [email protected] NEWS Selangor Journal | June 2018 | 03 Perangsang Selangor bags Asia’s Responsible Enterprise Award umpulan Perang- sang Selangor has been recent- Taiwan, Dr Eugene Chien, siev- sang Selangor Ber- ly conferred as winner of the ing through the submissions had (Perangsang Se- ‘Jury Award’ by Selangor Sports over a three-month judging pe- langor) was named Council and named as top 10 riod. recipient of the Asia in Asia for the ‘Best Sports CSR Apart from being able to Responsible Enterprise Awards initiative of the Year’ category demonstrate the design and ex- K(AREA) 2018 under the Health by Asia Sports Industry Awards ecution of sound and effective Promotion category on 1 June, in 2017. CSR programmes, nominees 2018 in Manila, Philippines. “Our mission under the were also required to demon- The awards which were or- ‘Sports for All’ programme is strate the extent that CSR prac- ganised by Enterprise Asia, the to enhance the quality of life tises have been institutionalised leading non-governmental as- among the underprivileged, within their organisations and sociation for entrepreneurship, disabled and rural society in Se- the measurable impact of their had selected fifty-one corporate langor by providing knowledge programmes to people, com- social programmes and leaders and opportunity to be involved munity and environment. across Asia as the recipients of in sports as well as producing The awards ensures that the AREA 2018. potential champions for the Asian businesses are honoured “Perangsang Selangor is state or country,” Suzila ex- for championing sustainable extremely pleased to be rec- pressed, adding that more than and responsible business prac- ognised by AREA as recipient 10,000 participants were in- tices, demonstrating compa- of the award for year 2018. The volved in the programme with nies’ leadership, sincerity and award is the fifth achievement 90 events implemented across on-going commitment in incor- under our Corporate Social Re- the state of Selangor last year. porating responsible and ethical sponsibility initiative, two for Over 200 submissions from values, compliance, investment social empowerment and en- 14 countries were received in stakeholders, involvement in gagement and three for ‘Sports from companies across Asia, communities and protection of for All’ programme,” said Suzi- with judges led by Ambassa- the environment into the way la Khairuddin, Chief Operating dor-at-Large of Taiwan and For- they run their businesses. Officer of Perangsang Selangor. mer Minister of Foreign Affairs According to Suzila, Perang- and Minister of Environment of 04 BUSINESS June 2018 | Selangor Journal Invest Selangor Bhd is aim- ing to bring in a total of RM12 billion investment this year (2018), from the services and manufacturing sectors. Of Ithe total, RM7 billion worth of investments is expected to come from the manufacturing sector, while RM5 billion will come from Selangor Paragon the services sector. Last year in 2017, Selangor attracted RM5.59 billion of direct investments in the manufactur- of Success ing sector, as well as RM4 billion in the services sector, mainly Continued from cover page... from the world’s largest furniture retailer, IKEA, establishing a re- gional supply chain centre in Pu- Last year alone Selangor policies of the previous admin- lau Indah, worth RM908 million. secured RM5.59 billion worth istration. I am also determined The services and manufacturing of direct investments with 202 to ensure there is social justice sectors contributed 59.5% and approved manufacturing proj- in which the country’s wealth 3.45b 3.12b 29.5% to Selangor’s gross do- ects, while the services sector is distributed fairly and equal- 2.88b mestic product in 2017 respec- tively.
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