Malaysia University Science and Technology economist Barjoyai Bardai said Malaysia fell behind Singapore and Thailand and is struggling to catch up. Both use the goods and services (GST) and value-added (VAT) taxation system.
World Bank lead economist Apurva Sanghi said Malaysia’s revenue as a share of the gross domestic product (GDP) has been declining, with tax revenue being well below 12% of GDP.
The troubled lead singer of British rock band The 1975 made global headlines this weekend following his outburst against the country’s laws governing LGBTQ+ activities during a performance at the Good Vibes Festival at the Sepang motorsport circuit on Friday.
