KUALA LUMPUR (Aug 16): The special officer to the Finance Minister Tony Pua has denied news that the PH Government is considering imposing a soda tax on soft drinks like Coca-Cola.
“The government is considering all options in order to increase the revenue for the national coffer, but nothing has been decided,” he told reporters at the Parliament lobby here today.
Pua, who is also the Damansara MP, was commenting on a report in a news portal which quoted him as saying that the Pakatan Harapan government is considering imposing a soda tax to boost its coffers.
The VP Malaysia team give their takes on some of the biggest headlines from August week 3 including Samsung's new Note 8 and PH's 100 day promise.
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KUALA LUMPUR (Aug 17): Star Media Group Bhd's net profit plummeted 83.4% to RM1.41 million in the second quarter ended June 30, 2018 (2QFY18) from RM8.51 million a year ago, as the print and digital segment saw a drop in momentum in advertising spending after the 14th general election.
Earnings per share also came in lower at 0.19 sen for 2QFY18 compared with 1.15 sen for 2QFY17. Quarterly revenue also fell 15.1% to RM99.49 million from RM117.16 million a year ago.