The Finance Ministry expects higher amounts of revenue from indirect tax such as GST, import tax and export tax, mainly due to better GST collection.

The Malaysian government is expected to collect RM43.8 billion in Goods and Services Tax (GST) next year, which is projected to account for 18.3 per cent of its entire estimated revenue of RM239.9 billion, according to a Finance Ministry’s Economic Report 2017/2018.

The Malaysian economy in 2018 is estimated to grow between 5% and 5.5% from 2017, according to the Finance Ministry's real gross domestic product (GDP) estimates for the country.

The ministry said in its Economic Report 2017/2018 that domestic demand is expected to grow 5.5%, driven mainly by private sector expenditure and by resilient domestic demand amid a favourable external sector.

While 30% of the global workforce is now reported to be pursuing freelance opportunities, the Employees Provident Fund (EPF) in August 2017 reported that the Malaysian freelancing economy has also grown by 31% - making it the third largest freelancing market in the region, as reported by Freelancer.com. 

To understand the growing adoption of freelancing as a career and recognising the role of freelancers in shaping the Malaysian economy, INTI International University & Colleges  commissioned a first-ever survey of 300 full-time freelancers who represent professional fields of work including business, marketing, IT and computer science, culinary arts, and art and design. 

HP Inc. is reimagining the retail industry with the unveiling of its innovative and versatile all-in-one point-of-sale (POS) system, the HP ElitePOS. The company is working with leading retail and hospitality customers and partners to reimagine how technology can transform the in-store experience for customers.

With e-commerce influencing consumers’ shopping experiences, brick and mortar retailers must ensure sales associates are data driven to better understand buying behavior and deliver the best possible customer experience.