PETRONAS ASSESSING SARAWAK SALES TAX REFORM'S IMPACT

KUALA LUMPUR: Petronas is currently assessing the impact of the five per cent sales tax on petroleum products in 2019 as announced by the Sarawak government. In a statement today, it said the national oil company would continue to monitor development on the matter and engage with both the federal and state governments. On Nov 5, Chief Minister Datuk Patinggi Abang Johari Tun Openg announced the new tax when tabling a record budget of RM11.9...

TheSunDaily.my (Date:11/10/2018 06:26) Read full article >>

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Minister: Minister may refer to:
Sarawak: Sarawak is one of two Malaysian states on the island of Borneo. Known as Bumi Kenyalang , Sarawak is situated on the northwest of the island, bordering the Malaysian state of Sabah to the northeast, Indonesia to the south, and surrounding Brunei. It is the largest Malaysian state.
Petronas: PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and ad