Most Perodua And Honda Models Will See A Reduction By Up To 3% After SST
With the SST coming into effect this month, during the 0% GST period, many Malaysians were rushing to do their shopping. But if you were trying to buy a car then I’m sure you were disappointed.
That’s because many major car showrooms were already overbooked and customers who wished to purchase tax-free cars got turned down. However, customers can rejoice as Perodua and Honda have confirmed that most of their models will see a decrease in price compared to the GST period by up to 3%.
Image Credit: DSV Entertainment
Securities Commission Has Ordered LaVida Coin To Stop Promotional Activities
The cryptocurrency LaVida Coin which was launched by cosmetic queen Datuk Seri Hasmizah Othman or affectionately known as Datuk Seri Vida has been ordered to stop their promotional activities by the SC.
Furthermore, DSV Crypto Club, LUX Galaxies and VI Profit Galaxy, who were found to be promoting LaVida Coin, were also added to the SC’s Investor Alert List posted on www.sc.com.my. On Aug 29, Bank Negara Malaysia listed VI Profit Galaxy (DSV Cryptoclub & LUX Galaxies)—the operator behind LaVida Coin—in its financial consumer alert list.
Image Credit: Youtube/ Master Boy TV
Malaysia Postpones HSR For Two Years And Escapes RM500m Penalty
Singapore and Malaysia have come to an agreement to postpone the construction of the KL-Singapore High-Speed Rail until end-May 2020. In a joint statement released on Wednesday (Sep 5), both countries said the HSR express service is now expected to start by Jan 1, 2031, instead of the original commencement date of Dec 31, 2026.
Malaysia will have to pay Singapore around RM45 million for costs incurred in suspending the project rather than the RM500 million penalty if they scrape the project.
Image Credit: Facebook/ Sharaf Saleh
Touch n Go RFID Pilot Programme Starts With A Sticker On Your Car’s Headlamp
The public pilot programme for the radio-frequency identification (RFID) system has begun with Klang Valley highway users who drive Class 1 vehicles (passenger cars, vans, 4x4s and pick-up trucks) with private registration. As the vehicle passes through the toll gate, an overhead scanner reads the radio-frequency from the RFID sticker and deducts the toll fare from the user’s eWallet.
Users will have to visit dedicated centers for installation of the RFID sticker on the left headlamp. The reason why it has to be installed on the headlamp is because it will provide the best reception but it will not be the best for looks. Worse still, you still need to wait for the boom gate to open and close.
Image Credit: Pexels/ Irina Kostenich
Say Bye Bye To Smoking Outdoors This December As Gov Tightens The Law On Cigarettes
Deputy Health Minister Dr Lee Boon Chye has said that this ban is also one of the ministry’s initiatives to protect the public from the dangers of cigarette smoke. “This gazettement is Malaysia’s commitment as a member state to the Framework Convention on Tobacco Control and adheres to the guidelines under Article 8 of the World Health Organisation (WHO)”.
He added that those found to flout the law can be fined RM10,000 or jailed up to two years. Areas which will be affected include entertainment centres, theatres, elevators, public toilets, air-conditioned eateries, public vehicles, airports, government premises and any area used for the purpose of assembly.
Feature Image Credit: wemotor.com