GST of Malaysia. Recently‚ Government Malaysia was implementation to change the service system and sale system tax to Good Service Tax system (GST) start from third quarter in 2011. GST is Value-Added tax (VAT)‚ there is tax on all taxable of goods and services in a country except those specially exempted goods and services. The implement of the GST is to substitute the sales and service tax which has been used in the country for several decades. It also can help government to reduce it’s to fall
Premium Tax Value added tax
The Malaysian Legal System – Ahmad Ibrahim & Ahlemah Joned • General Principles of Malaysian Law – Lee Mei Pheng • Principles of the Law of Contract in Malaysia – Syed Ahmad Alsagoff. • Partnership Law in Malaysia – Samsar Kamar Latif • Understanding Company Law in Malaysia – K. Arjunan & C.K. Low • The Industrial Relations Law of Malaysia – Wu Min Aun • Law of Negotiable Instruments – Poh Chu Chai. • Islamic Banking – Concepts and Applications – Sudin Haron & Bala Shanmugam RELEVANT
Premium Law Common law
Allegations of Diamond Foods Inc.’s’ Understatement of Accounts Payable. Abstract On November 1‚ 2011‚ Diamond Foods Inc.’s (NASDAQ: DMND) unexpectedly disclosed serious discrepancies (possible understatement of accounts payable) regarding its 2011 financial statement reports and as a result announced its decision to delay its acquisition of the Pringles snack business from Procter & Gamble Company (P&G) (NYSE: PG). Naturally‚ the November 1‚ 2011 confession caused an immediate
Premium Generally Accepted Accounting Principles Balance sheet Asset
EXPLAINING THE WATER-DIAMOND PARADOX One of the most famous puzzles in economic theory is why Diamonds are more expensive than water. In our case we consider GOLD in case of DIAMONDS. Water is essential for life; it is so useful that without its consumption one cannot live or survive. On the other hand‚ diamonds‚ though attractive and beautiful‚ satisfy less human important needs than water. Then‚ how it can be that in the market a less useful commodity like diamonds is so expensive and a useful
Premium Supply and demand Economics
The age-old question as to why diamonds are more expensive than water has perplexed economists for years. The fact that we need water to survive yet it costs less than diamonds‚ which has nothing to do with the survival of mankind‚ is very interesting. When talking about the Diamond-Water paradox‚ it is based on the premise of goods‚ ’ that consumption is related to well being which economists call utility. When it comes to the purchasing of goods or services it is explained that the bulk of
Premium Economics Supply and demand Consumer theory
Based on the movie “Blood Diamond” directed by Edward Zwick‚ it talks about a rare diamond discovered in a diamond mine located in Africa‚ where its plot is regarding the abusing of humanity for the high prices of diamond trade. Danny Archer is a diamond smuggler in Africa who seeks for a large amount of money which enables him to leave Africa for good. Due to his strong survival instinct‚ he made himself the key player in the conflicting business of diamonds. However‚ when he met Solomon in the
Premium Diamond Blood diamond Sierra Leone
Sanders‚ founder of KFC. He reached celebrity status in 1952‚ when he decided to franchise his famous Kentucky Fried Chicken recipe blends of 11 herbs and spices to the rest of America. By the early 70’s‚ that special recipe reached Malaysia. Today‚ KFC Malaysia continues to serve finger lickin’ good‚ succulent pieces of chicken. The flavourful blends of 11 herbs and spices give KFC’s delicious aroma. With the chicken’s natural juices sealed-in‚ leaving a special mouth watering taste that cannot
Premium Fast food restaurant Fast food KFC
Malaysia – Quarterly Balance of Payment in 2010-2012 (RM Million) This report is focused on the analysis of Malaysia’s balance of payment for last six quarters (from Q3/2011 to Q3/2012). It will show the impact of balance of payment to economy or the financial crisis. The last part of this report will involve the summary and the forecast the Malaysia’s balance of payment in the future. Third quarter of 2011 Current account: the current account balance recorded a surplus of RM26.6 billion‚ an
Premium Balance of payments International economics Balance of trade
most common way implemented nowadays‚ for example government of Malaysia sells its holding share in Malaysia Airline System to private party several years ago. Privatization also being implemented by outsourcing certain services‚ like most of the highways and roads built in Malaysia is outsourced to private companies. Historically‚ privatization in Malaysia is intended to achieve socio-economic goal as stated in the eighth Malaysia Plan (RMK8). The main agenda of the implementation of privatization
Premium Privatization Public sector
Jaypee Business School A constituent of Jaypee Institute of Information Technology (Declared Deemed to be University u/s 3 of UGC Act) A-10‚ Sector 62‚ Noida (UP) India 201 307 www.jbs.ac.in ECONOMICS OF STRATEGY - 13MCEC05 PORTER FIVE FORCE ANALYSIS – TEXTILE INDUSTRY SUBMITED BY Page Submission date – September 13‚ 2013 Word count – 3804 1 Five Forces Analysis Template 1) Factors Affecting Rivalry among Existing Competitors To what extent does pricing rivalry or non-price
Premium Price Pricing Supply and demand