The Reasons why Tuanku Zara Salim is every career woman’s role model

Posted by TheMalaysiaOnlineNews on Tuesday, June 3, 2014 Label:

Upon graduation, most of us think about getting a job because a job basically means freedom and independence. Who has money is the king...Well that’s what we all thought until we were introduced to KWSP, EPF, Income Tax, Summons and etc.

But seriously, think about it. Between graduation, getting your first job and switching jobs for various reasons from career development, better pay, you hate your boss,internal problem and etc, what we should really be doing is evaluate how our job can work for us.

This time around I decide to take a leaf out of Perak’s new queen, Tuanku Zara Salim, as she has demonstrated how you can indeed have it all, at a young age, Tuanku Zara Salim became a Managing Director at 33.

A strong foundation helps loads

What you studied in university may not always play a role in your career path. But what Tuanku Zara showed us is, a strong foundation always helps. Tuanku Zara was a first class chemical engineering graduate. In other words, she had a strong grasp of the subject. You might not be a first class Harvard law graduate, but as long as you have a strong grasp of the subject matter of your chosen career and are open to constantly evolve and learn to make yourself better, you definitely have a bright career ahead of you.

Three years of experience tops

Tuanku Zara is one of those fortunate ones, her career grew and developed in hand with the years she put in at Petronas (Tuanku Zara joined the Business Evaluation Department in the Corporate Planning Unit of Petronas in 1995 and moved up to Project Analyst in 1999). It takes roughly three years to see if you’re an asset to a company or you’re not. If you can’t move up within that time frame, then perhaps it’s time to reevaluate how you’re contributing to the company. On the plus side, three years of working experience in one company is quite legit to prove to other employers that you’re worthy of a shot at a higher position. Don’t worry too much about the issue of loyalty to a company. A job is still a job, it’s a not a marriage, so there is no issue of till death do us part.

It’s OK to switch companies

Not everyone starts as an executive at their first job and moves up to CEO at the same company. Well, unless you've been barking up the right tree.

Most cases you really do have to jump companies after a solid two-three years for better horizons.

After leaving Petronas, Tuanku Zara was an Account Manager at Formis Network Services Sdn.Bhd in 2001, and then assumed the post of Vice-President of Partnerships and Alliances at Formis (Malaysia) Berhad between 2003 and 2005. Tuanku Zara became a Managing Director (our main goal, eventually) of Forthwave Consulting Sdn.Bhd between 2005 and 2007.

So don’t worry if you didn't make it at your first two jobs. If Tuanku Zara can do it, anyone can. Being a Managing Director is one step away, with the right mindset and game plan.

The difference between current and savings account

Posted by TheMalaysiaOnlineNews on Sunday, May 18, 2014 Label:
In Malaysia, there are many, and we mean many, types of deposit accounts offered by the banking sector. So where do we start? Usually, a person would have a basic savings account or basic current account or both (some might refer to these as checking accounts). But before we settle the score between these two types of accounts, let us answer a commonly asked question regarding banks.

Can I be sure my money is safe?

You may not believe this, but many Malaysians are still averse to banks – specifically, trusting the banks to keep their money safe. If you are one of these people, who have been keeping their money under the mattress all these years, it might be time to rethink your current financial plan.

Here’s the short of it – your money is safe and secured. Many local and foreign banks in Malaysia are protected by Perbadanan Insurans Deposit Malaysia (PIDM) which insures up to RM250,000 of your savings. There are a few exceptions, such as high risk investments like unit trusts, share trading, and gold-related investments.

Two peas in a pod?

Any one individual can open one basic savings and current account per bank, while Small and Medium Enterprises (SME) are allowed to open only one current account per bank. Other than functioning as means to store your wealth, with these accounts, you will have the convenience of:
  • Over-The-Counter transactions
  • Automatic Teller Machines (ATM) 
  • using your ATM/debit card
  • Interbank-GIRO
  • Internet Banking for bill payments

How do you keep these accounts safe? 

In other words, there are responsibilities that you must undertake as an account holder.

  • Never give out your account numbers i.e. PIN number linked to ATM/Online Banking/Phone Banking.
  • In extension to rule 1, beware of phishing websites that asks you for your account details.
  • Inform your bank of any changes in your contact details, address, loss of cheque, or any discrepancies in your bank statement.

Current Account

What is it?

A current account is at its most basic level, a deposit account that allows you to make payments in the form of cheques. For businesses, there needs to be someone authorised to sign these cheques –  if there are any changes in signatories, the bank has be notified right away. Any withdrawals from your account can be made either with an ATM card, debit card, and even the aforementioned cheque.
Many banks offer attractive interest rates for current accounts, but only with VERY high levels of deposits (can be RM1 million and above). Unless you need large sums of money readily available at any time, or want to save a large sum of money for less than 1 month, it might be a better idea not to apply for such an account simply for the high rate, as you may be able to get higher rates from Savings Accounts and FDs.

Current accounts are actually very similar to savings accounts with the exception of allowing you to write cheques.

Savings Account

What is it?

A savings account will enable you to receive interest gains on your deposits every month, with no maturity date such as a fixed deposit investment. Like a current account, you will be able to withdraw cash whenever you need it using your ATM, debit, or charge card, with the absence of a cheque book. To keep track of your account transactions and interest earnings, you can review them via your passbook or bank account statement.

If you are unsure how you earn your interest, here’s an example:
Hakim opens a savings account that earns him 2.1% per year. His initial deposit is RM5,000. In one year, he would have earned RM105 on his initial deposit.

Starting 1st January 2015, there will be an additional RM0.50 cheque processing fee (in addition to the RM0.15 stamp duty) as set out by Bank Negara Malaysia.


Which to get?

Both accounts have different uses, and are often times best used together. To sum it up, savings accounts will have accompanying ATM or Debit cards for easy access to cash for any withdrawals and easy bill payments. However, if you absolutely must use cheques, a current account will be the only option to provide you with such a service.


Priest calls for police presence in church area

Posted by TheMalaysiaOnlineNews on Label:
SEREMBAN: The Visitation Church here has urged the police to set up a post near its compound and conduct daily morning patrols in the area.
In a press statement that came in the wake of Wednesday’s violence against two nuns, parish priest John Gnanapiragasam said: “There have been numerous incidents of break-ins into cars within church premises and surroundings, and snatch thefts that have been reported to the police.
“We hope and pray that finally a police pondok will be set up on Sundays in front of the church on Jalan Yam Tuan and daily morning police patrols be carried out.”
Gnanapiragasam also gave some details about Wednesday’s attack, in which Catholic nuns Julianna Lim and Marie-Rose Teng were seriously injured.
“Contrary to numerous initial reports and unwarranted speculations and biased interpretations by others, two of our 13 CCTV cameras have captured part of the incident as it occurred, aided by our brightly lit garden lights,” he said.
“Based on our CCTV recording, at 6.05am a passing motorcyclist, on seeing potential victims, makes a U-turn and rides into Gate 2, a minute after the sisters’ car had driven in.
“The assailant, wearing a screened crash helmet and with a lighted torch in hand, runs after the two sisters, who dressed in everyday clothes.
“The assailant is seen running towards his motorcycle and taking off at 06.07am.
“The sisters are then found lying on the ground when the main door of the church opened at about the same time.
“The ambulance from the Tuanku Jaafar Hospital arrives within minutes to take the sisters to the hospital.”
Gnanapiragasam recorded his gratitude to the staff of the hospital, saying they were giving the nuns “the best medical and surgical care”.
He criticised comments about the incident made on the Internet and in the conventional media that he said had “sensationalised and politicised” the incident.
“Given the current tense situation in the country, any incident like this is unfortunately immediately seen in relation to racial sentiments and religious intolerance,” he said.
“We appreciate the care and concern expressed by citizens, netizens, our Prime Minister and our chief of police.
“We want to reiterate that as Christians and in solidarity with all true Malaysians we will continue to believe, pray and promote genuine racial integration and true religious harmony in Malaysia.

“This isolated incident and diverse reactions and differing responses are testimony that crime, be it hate crime or theft crime, is a deplorable occurrence in our society.”

Borneo rhino’s part of RM110mill pledge

Posted by TheMalaysiaOnlineNews on Label:
LAHAD DATU: Sime Darby Foundation (YSD) has pledged more than RM110 million over the next 10 years for environmental projects.

YSD chief executive officer Yatela Zainal Abidin said this reflected the foundation’s commitment to environment conservation, becoming a valuable intermediary in raising public awareness on important environmental causes.

“The RM110 million includes funds allocated for the Borneo Rhinoceros Sanctuary (BRS) project to save the Sumatran rhinoceros, among the most critically endangered species in the world,” she said during a media visit to the BRS located in the Tabin Wildlife Reserve here.

Yatela said other environmental causes which stood to benefit from the funds were the Stability of Altered Forest Ecosystems (SAFE) project, the restoration and protection of orang utan habitat in Ulu Segama – both projects located in Sabah and the Hornbill conservation project in Belum-Temengor Forest Complex (BTFC) in Perak.

Alluding to BRS, Yatela noted that YSD had committed a substantial RM11.4mill over six years until 2015 to fund the sanctuary’s operations, working closely with the Borneo Rhino Alliance and the Sabah Wildlife Department.

She said that there were probably less than 100 Sumatran rhinoceros left in both Malaysia and Indonesia.
“YSD has committed so much resources to save the species and although the scenario looks bleak, we’ll support all efforts to save them.

“We have no other alternatives now as it’s evident that we can’t just rely on the natural breeding process. We have to look at scientific approaches,” she said.

Yatela said the development of advanced reproductive technology was one of the options which might be able to boost rhinoceros births and bring about a positive turn to the three-decade struggle to save the Sumatran rhinos.

Media representatives, who joined the two-day media visit to the BRS, had the opportunity to observe a female Sumatran rhinoceros named ‘Iman’.

There was initial excitement when it was thought that Iman might be pregnant however checks revealed that it had been a mass of large tumours located in her uterus.


Joining Iman were a male and female rhinos, respectively called ‘Tam’ and ‘Puntung’.

El Nino: Fear for food, water and forest

Posted by TheMalaysiaOnlineNews on Monday, May 12, 2014 Label: ,
KOTA KINABALU: Drought, forest fires, floods and deaths loom ahead pending the expected arrival of one of the biggest El Nino weather patterns.
The El Nino is due to arrive in second half of the year.

Southeast Asia, is expected to feel the impact last experienced in 1997 and 1998. El Nino left 20,000 dead and US$97 billion in damages.

Already Philippines fearing severe drought has begun cloud seeding, Indonesia has announced it is securing food stocks and has set aside US$173 million to this end.

Scientists have warned that the 2014 El Nino could be one of the strongest in nearly two decades. Whether or not Malaysia and Malaysians are truly ready for the onslaught of El Nino is debatable.
In Borneo, forests and rivers are an important El Nino issue meriting serious consideration.

According to a combined study from scientists at the Duke University, droughts as a result of  warmer temperatures in the Indian Ocean and “higher frequency” of El Nino events will make it more difficult for Borneo’s rainforest inhabitants, including its trees, to survive.

“As El Nino events become more frequent in the future in response to warming in the tropical oceans, even the species of trees that can adapt to drought conditions will be at increased risk of dying off.
“The small number of species (flora and fauna) that cannot adapt well to drought conditions will be at an even greater risk of dying off,” noted the study.

Borneo, the third largest island in the world, is home to more than 210 mammal species including 10 varieties of primates, 420 types of birds  and 150 reptiles and amphibians versions.
Here too live at least 10,000 plant species of which 5,000 are endemic and not found anywhere else in the world.

With warming temperatures, changes in precipitation and the flowering and seasonality of forest plants and trees, the food chain is affected and invariably reproductivity of the variou species.
Looking out for hotspots
The world’s largest palm oil factory is also sited here. Combined Malaysia and Indonesia producers 87% of the world’s palm oil.

El Nino is expected to be crippling to the oil plam industry which has seen the conversion of thousands of hectares of the Borneo rainforest and the displacement of wildlife.

According to Stephan Wulffraat, a member of World Wildlife Fund (WWF) in charge of monitoring and evaluating the forests under the Heart of Borneo (HoB) project – involving Malaysia, Brunei and Kalimantan – the prevention and early warning of forest fires will be the highest priority in the event of El Nino.

“Real-time hotspot data will be utilised from satellite images to monitor the situation. In the event that a fire is detected, forestry teams will be ready to extinguish them.”

“Local communities in the area have also been made aware of fire risks when opening fields,” he said.
Sarawak experienced the worst haze in the 1997 El Nino when the federal government was forced to declare a state of environment emergency for 10 days after the Air Pollutant Index (API) level recorded a reading of over 900. Much of this reportedly came from forest fires in Kalimantan.

This time round WWF forest watchers are on high alert for fires and droughts.
On a regular day, fires  are caused by among others the illegal land clearance (such as incursions into protected areas) noted WWF’s latest report on the ecological health of HoB.

The report also noted with concern the Bornean elephants that meanders between Sabah and Kalimantan.
Elephants need water and a lot of it, said Sabah Wildlife Department deputy director II Jumirah Abd Shukor.

She said the El Nino would further trigger change in the hydrology.
Borneo’s elephants, orang utans
She said even before the El Nino impact, the current drought spell had taken a toll on its Borneo Elephant Sanctuary (BES) at Lot 8, Kinabatangan Wildlife Sanctuary.
“The only problem we’re facing right now is that the elephants are not getting enough water. It’s our biggest worry.

“We have plans to use water from rivers and wells…hopefully this water issue will be solved within a few months,” she said, weighing-in concerns of the impending dry weather.
Elephants can ingest over 100 litres of water at one time and would usually drink up to 225 litres a day, said Jumirah adding that water is “extremely important” to an elephant.
Elephants are not the only concern, Sabah, Sarawak and Kalimantan are also home to the world famous orang utan.

Concerns are rife over the effects of rising temperatures, even without the impending El Nino.
The rainforest in Borneo and Indonesia are among the most adversely affected.
In the 1997 and 1998 incident, forest fires were exacerbated by drought conditions. It is believed that thousands of orangutans died as the forests burned in Kalimantan.

A survey in 2003 showed the wildlife population in Central Kalimantan had decreased by 49%.

IS APPLE CIDER VINEGAR REALLY A POWERFUL HEALING TONIC? SCIENCE SAYS YES!

Posted by TheMalaysiaOnlineNews on Thursday, May 8, 2014 Label:
One of the most traditional cures for almost anything is apple cider vinegar. Over the centuries, the ancient folk remedy is touted to relieve just about any ailment you can think of including diabetes, obesity and even cancer. Here’s what science has found.

Apple cider vinegar (ACV) became well known in the U.S. in the late 1950s, when it was promoted in the best-selling book Folk Medicine: A Vermont Doctor’s Guide to Good Health by D. C. Jarvis. During the alternative medicine boom of recent years, apple cider vinegar and apple cider vinegar pills have become a popular dietary supplement.



Unpasteurized or organic ACV contains mother of vinegar, which has a cobweb-like appearance and can make the vinegar look slightly congealed. It’s the only way apple cider vinegar should be consumed.

ACV is used in salad dressings, marinades, vinaigrettes, food preservatives, and chutneys, among other things. It is made by crushing apples and squeezing out the liquid. Bacteria and Yeast are added to the liquid to start the alcoholic fermentation process, and the sugars are turned into alcohol. In a second fermentation process, the alcohol is converted into vinegar by acetic acid-forming bacteria (acetobacter). Acetic acid and malic acid give vinegar its sour taste.

Apple cider vinegar is purported to treat numerous diseases, health conditions, and annoyances. To name a few, it kills head lice, reverses aging, eases digestion, prevents flu, prevents acne, lowers blood pressure, reduces inflammation, kills fungus, regulate pH balance, dissolves kidney stones and helps relieve allergies, migraines, asthma, nausea, heart burn and wash toxins from the body. Can it really do all these things? You bet it can and more! But what does science say?

Diabetes.

The effect of apple cider vinegar on blood sugar levels is perhaps the best researched and the most promising of APV’s health benefits. Several studies have found that vinegar may help lower glucose levels. For instance, a study (White, A. Diabetes Care, November 2007) of 11 people with type 2 diabetes found that taking two tablespoons of apple cider vinegar before bed lowered glucose levels in the morning by 4%-6%. In another study from Arizona State University, subjects took a drink of 20 grams of apple cider vinegar and 40 grams of water. Those with insulin resistance who drank the vinegar had 34% lower postprandial (after-meal) glucose compared to controls. Vinegar may be the most cost-effective medicine in history, but most people with diabetes still aren’t taking it.

High Cholesterol.

A 2006 study reported in Medscape General Medicine, showed evidence that ACV could lower cholesterol. In a study published in a foreign medical journal, scientists found an apple cider vinegar-enhanced diet may increase in HDL (good cholesterol), and reduce levels of triglycerides. Research in rats suggests that apple-cider vinegar can help control triglycerides and cholesterol (Journal of Agricultural and Food Chemistry, June 22, 2011).

Blood Pressure and Heart Health.

Another study in rats found that vinegar could lower high blood pressure. A large observational study also found that people who ate oil and vinegar dressing on salads five to six times a week had lower rates of heart disease than people who didn’t. Researchers have suggested that ‘this reduction in blood pressure may be caused by the significant reduction in renin activity and the subsequent decrease in angiotensin II’. Potassium in the vinegar ‘balances sodium levels in the body, which aids in maintaining blood pressure within healthy limits’ and ‘apple cider vinegar also contains magnesium, a mineral that works to relax blood vessel walls and thus lower high blood pressure’.

Cancer.

A few laboratory studies have found that vinegar may be able to kill cancer cells or slow their growth. One study found that eating vinegar was associated with a decreased risk of esophageal cancer. Another associated it with an increased risk of bladder cancer. In recent trials, pectin, which can be found in ACV, has shown promise in helping to slow the growth of cancerous cells within the prostate (http://www.news-medical.net/news/20100702/Modified-Citrus-Pectin-holds-promise-against-prostate-cancer.aspx). In addition, apple cider vinegar’s acidity aids in detoxifying and cleansing the digestive tract and cleaning out the colon, which supports the health of the prostate as well.

Weight Loss.

For thousands of years, vinegar has been used for weight loss. White vinegar (and perhaps other types) might help people feel full. A study (Ostman, E. European Journal of Clinical Nutrition, 2005) of 12 people found that those who ate a piece of bread along with small amounts of vinegar felt fuller and more satisfied than those who just ate the bread. A 2009 study on mice showed that consuming acetic acid (the active component in ACV), upregulates the expression of genes for fatty acid oxidation enzymes in the liver causing a suppression in body fat accumulation. In a double-blind experiment, obese Japanese were assigned to three different groups based on similar body weights, body mass indexes (BMI), and waist circumference. Each group drank a 500 ml drink containing either 30ml, 15ml, or 0ml of vinegar daily for 12 weeks. Those in the 30ml and 15ml groups had lower BMI, visceral fat area, waist circumference, serum triglyceride, and body weight to the control group of 0ml. The 12-week weight losses were modest: 1.2kg in the 15ml group and 1.7kg in the 30ml group. These two groups consumed a similar number of calories to the control group and also performed a similar amount of exercise, so the effect is not likely to have been due to an impact on appetite or other lifestyle changes. It was concluded that consumption of vinegar might reduce obesity.

Apple cider vinegar is chosen over white vinegar for many processes involving the elimination of fungus. Although they both have highly acidic properties; apple cider also contains detoxifying qualities that will clear up other skin allergies. No side effects have been found when treating the skin with apple cider vinegar, making it a cost effective and safe remedy.

Here are many other benefits of apple cider vinegar that can be applied to your lifestyle.

Hair:

It is widely known that apple cider vinegar can be used as a rinse for your hair after shampooing to add healthy body and shine. Recycle an old shampoo bottle and fill it with 1/2 a tablespoon of apple cider vinegar and a cup of cold water. Pour through your hair after shampooing several times a week.

Face:

Did you know that apple cider vinegar can help regulate the pH of your skin? Dilute apple cider vinegar with two parts water, and spread the concoction over your face with a cotton ball as a toner. You can do this at night after washing, and in the morning before you apply your moisturizer. You can also dab apple cider vinegar directly onto age spots and leave them on overnight to lighten their color.

Hands and Feet:

Are your hands and feet feeling tired and swollen after a long day? Treat yourself to a personal spa massage by rubbing apple cider vinegar onto them.

Sunburn:

Suffering from a bad sunburn? Add a cup of apple cider vinegar to your bath and soak for 10 minutes.

Teeth:

Did you know that apple cider vinegar can help remove stains from teeth? Rub teeth directly with apple cider vinegar and rinse out.

Aftershave:

Fill a bottle with equal parts apple cider vinegar and water and shake to blend.

Detox:

Add 2 tablespoon of apple cider vinegar to a 1 or 2 liter filtered water bottle. Drink this throughout the day to cleanse your body and kidneys all day long.

Drain Cleaner:

Baking soda and apple cider vinegar is an amazing bubbly combination that has many uses. As a drain cleaner, sprinkle baking soda down the drain then add apple cider vinegar and let it bubble for 15 minutes, then rinse with hot water. This is a safer alternative to dangerous drain cleaners.

Digestion:

A small amount of apple cider vinegar, taken just prior to a meal, will stimulate production of digestive juices. Dandruff: A home remedy for dandruff is to mix 1/4 cup apple cider vinegar with 1/4 cup water. The vinegar solution is thought to restore the restore the pH balance of the scalp and discourage the overgrowth of malassezia furfur, the yeast-like fungus thought to trigger dandruff.

Mosquito and Insect Bites:

Using as little as 1/4 teaspoon of apple cider vinegar will relieve insect bites instantly.

Stomach Aches:

Mix 1 tablespoon of organic apple cider vinegar with 12 ounces of warm water, and drink in the morning on empty stomach. Feel free to add a little honey or maple syrup.

Alkaline Acid Balance:


Some alternative practitioners recommend using apple cider vinegar to restore alkaline acid balance. The theory behind the alkaline diet is that our blood is slightly alkaline (with a normal pH level of between 7.35 and 7.45) and that our diet should reflect this pH level. Proponents of the alkaline-acid theory believe that a diet high in acid-producing foods leads to lack of energy, excessive mucous production, infections, anxiety, irritability, headache, sore throat, nasal and sinus congestion, allergic reactions, and increased risk of conditions such as arthritis and gout.

How does GST affect you?

Posted by TheMalaysiaOnlineNews on Friday, May 2, 2014 Label: ,
As the Budget 2014 (tabled on the 25th of October 2013) announcement draws near, Malaysians await with bated breath on whether the government of the day will or won’t finally introduce a Goods and Services Tax (GST) in Malaysia.

How does GST work in Malaysia?

In the current tax regime, the 10% Sales Tax (on manufacturing and imports) and 6% Service Tax (on the F&B and professional services industry) is collected by one party (usually the seller) and passed on to the tax authorities.
For example, in the previous 6% Service Tax regime, when you buy a cup of coffee from Starbucks that says RM15 on the menu, you pay RM15.90 (including the current Service Tax of 6%). Starbucks will keep RM15 and pass on RM0.90 to the tax authorities.
In a GST regime (assume 4% GST in this calculation), the following happens:
1. Starbucks buys the coffee beans from the wholesaler to make your cup of coffee for RM10 (RM10+ 4% GST). The Wholesaler keeps RM10 and passes on RM0.40 from Starbucks to the tax authorities.
2. You buy that cup of coffee from Starbucks which the beans were used to make, and pay RM15.60 (RM15 + 4% GST). Starbucks now keeps RM15 and passes on RM0.20 to the tax authorities (RM0.60 – RM0.40). The reason why Starbucks only passes RM0.20 to the tax authorities is because they have effectively already ‘paid’ RM0.40 in tax earlier on the first RM10, and only RM0.20 tax is left to be paid on the RM5 “value-add”.

We have graphically shown this example below.


How will the implementation of GST affect me?

As mentioned, the replacement of Sales and Service Tax with GST is intended to be revenue-neutral to the government’s coffers, so in theory, to consumers this may represent a minimal effect to the aggregate prices of everyday goods and services. Lets look at 3 scenarios to see what it means for prices, (1) for items charged with Service Tax, (2) for items charged with Sales Tax, and (3) for items with no Service or Sales Taxes:
6% Service Tax Abolished, 4% GST introduced – Pay less


While most consumers don’t directly see the current 10% Sales Tax (its mostly a business to business tax), many of us experience the 6% Service Tax (when we eat at food outlets and restaurants like McDonald’s and Starbucks, and when we engage a lawyer for services etc.). As per our earlier graphic, if the rate of GST is below 6% (say at 4%), we may end up paying less than we did before.
10% Sales Tax Abolished, 4% GST introduced – Pay less


Similar to the earlier example, you may end up paying less if a product manufactured or imported now is subject to 4% GST rather than 10% Sales Tax.
SST Exempt Items, 4% GST introduced – Pay more
With that in mind, sectors of the economy which were not covered under the Sales and Service Taxes may now be under the coverage of GST, as it is a broad based tax measure. Unless these things are zero-rated (ie GST is applicable, but at a 0% rate), prices of goods not previously covered under those 2 tax systems will now be affected by the broad based GST and cost more.
So there you have it! Some scenarios that may occur if the SST is replaced with a 4% GST. However, the obvious concern here is to make sure that businesses do not take advantage of just the fact that GST has been introduced as a reason to raise prices of goods and services indiscriminately. To this end, the Anti-Profiteering Act has been tabled to enable enforcement against such practices.





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