MALAYSIA:::Trade union says Putrajaya must withdraw GST, warns of further burden on poor

(VERSI BAHASA MALAYSIA DIBAWAH)
AMTUC's Khalid Atan says Putrajaya is already unable to control prices of essential items. - The Malaysian Insider pic, October 29, 2013.n influential trade union today urged the government to withdraw its plan to implement the Goods and Services Tax (GST) as announced in last Friday's Budget 2014 speech, saying it would further burden the poor.

Malaysian Trades Union Congress (MTUC) warned that the new tax would burden the public, and said low and middle income groups will be most affected unless Putrajaya could assure that prices of goods and services will not increase.

"What is the government's assurance

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STORY HIGHLIGHTS

• Singapore and Hong Kong top the Doing Business list of the 10 most business-friendly places in the world.
• Rwanda, Russian Federation, and Philippines are among the most improved in the annual survey of 189 economies.
• The gap between the best and worst performers in the survey is narrowing as countries foster entrepreneurship and trade.

Georgia, Malaysia, and eight high-income economies are among the 10 most business-friendly places on the globe. But the gap between the developed and developing worlds is narrowing as countries such as Rwanda, Philippines, and the Russian Federation improve regulations to foster entrepreneurship and trade.

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Meanwhile the trade union was vocal on the non-allotment of funds for workforce training under Budget 2014.

KUCHING: Sarawak MTUC is disappointment at the lack of allocation in Prime Minister Najib Tun Razak’s Budget2014 to further develop the productivity levels of local Sarawak labour.

Its secretary, Andrew Lo said that in terms of private sector workforce, there was nothing much to shout about in the Budget 2014.

“The federal budget had no distinction between its benefits and effects on labour everywhere in Malaysia.

“And in terms of allocation for workforce training, it was quite disappointing,” Lo told FMT when contacted today.