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Category: Personal Finance

CAP: Re-introduce inheritance tax and adjust certain existing taxes to help bridge the gap between the haves and the have-nots.

The Consumers Association of Penang (CAP) is shocked with the pre-empted announcement by the Minister of Finance even before the scheduled budget dialogue which is to be held on 27th June 2019, that the long awaited inheritance tax would not be implemented. This would only contribute to the worsening of the inequality between the haves and the have-nots.  Many governments are known to be...
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The Consumers’ Association of Penang (CAP) is shocked that our personal information databases are unsafe, seen from the barrage of news concerning “personal data theft” and “illegal sales of personal data” these last few weeks. We are concerned whether our country is prepared for the digital economy. The majority of our transactions today are done online. The push towards the digital...
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