Sarawak approves SST on export of ferroalloys and polysilicon, says Deputy Premier

KUCHING: Sarawak has approved the introduction of state sales tax (SST) on the export of ferroalloys and polysilicon as part of efforts to diversify revenue sources, says Datuk Amar Douglas Uggah. The Deputy Premier said the tax would be imposed at the rate of 1.5% effective Sept 1 this year. "This is a fair and reasonable rate...

Vietnamese tuna products exported to 80 markets worldwide

HO CHI MINH CITY: The export of Vietnam’s aquatic products, including processed tuna, posted positive growth in the first quarter of 2024, bringing hope to its seafood industry, reported Vietnam News Agency (VNA). According to the Vietnam Association of Seafood Exporters and Producers (Vasep), canned tuna exports in the said period surged 53 per cent year-on-year,...

Rare earth carbonate: Perak received RM16mil royalty payments for exports to China

IPOH: The state government has received almost RM16mil in royalty payments from the export of rare earth carbonate (REC) to China, says Mentri Besar Datuk Seri Saarani Mohamad (pic). He said the operation of the non-radioactive rare earth elements (N-RREE) pilot project on 87.4ha (216 acres) in Kenering, Hulu Perak generated the royalties after the tenth...