M'sia puts off implementation of GST again

KUALA LUMPUR - The Malaysian government has again postponed the implementation of the Goods and Services Tax (GST) indefinitely, in a move analysts say signals the possibility of early elections.

The postponement of the GST comes as the government is embarking on a slew of big ticket projects in its Economic Transformation Programme, such as the RM43 billion ($18 billion) new Kuala Lumpur MRT which are expected to boost the economy and possibly increase the feel good factor ahead of polls.

In a statement, the government said the GST was deferred to enable the government to engage the public and ensure that the enforcement of the GST was well-received. LINK