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The Malaysia Retail Chain Association (MRCA) has proposed that the government implement stricter policies and equalise surcharges on cross-border e-commerce transactions, including the stricter enforcement of the sales tax on low-value goods (LVG), to secure national revenue.
The association said local brick-and-mortar retailers continue to face substantial compliance disparities compared to untaxed or under-taxed foreign e-commerce platforms offering ultra-low prices.
"This structural imbalance not only threatens local enterprises but results in significant tax base erosion for the nation,” MRCA said in a statement on its Budget 2027 wishlist today.
It also called for stringent regulatory controls to mitigate the proliferation of counterfeit and inferior goods on e-commerce platforms, thereby protecting consumer safety, preserving quality standards, and defending the intellectual property of legitimate brand owners. - TheStar
YTL Corp is definitely undervalue. YTL Corp makes GAMUDA looked small. YTL Corp GDV alone is estimated at MYR50bil++. Unlike GAMUDA, YTL Corp less news driven stock because YTL Corp ventures in high valued projects e.g. Brabazon New Town UK, Wessex Waters and other small ones like STeP & Klang valley data centers, Seraya Power Plant, Singapore power generation and a few real estate & infrastructure projects here in Malaysia.
I hate when company re-invest our dividends like GAMUDA is doing. I dont like small changes in portfolio. Its useless. I cannot sell them.
I already look at YTL Quarterly reports in 2024 when GBP fell for the whole year in 2024 like what we are seeing now. YTL has been able to maintain their revenues at MYR 7bil to MYR8bil & earnings at MYR330mil to MYR580mil. This shows YTL has what we call a Mitigation plan. They know what to do when GBP fell. Like I said in other chat here, whenever GBP drops, YTL pay less interest and YTL saves money. YTL saves around MYR1bil. This is cash money.
This is also a good time to do currency hedging.
Lets just sit back and let them fight. Then we go in an collect.
if you want to stir things up, and force Lo to back off from AUMAS, make a police report on MACC Azam Baki & PMX. There is evidence MACC is delaying the prosecution and criminal charges towards Lo.