Recovery Plan: Biggest winner automobile sector and car buyers

Recovery Plan: Biggest winner automobile sector and car buyers

The short-term National Economic Recovery Plan (June–December 2020) (Penjana), launched by PM Tan Sri Muhyiddin Yassin on 5 June 2020, will help restart the economy after a soft patch against a backdrop of the movement control order (MCO), followed by the conditional MCO, over the last three months to contain the Covid-19 pandemic. This third

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Malaysia remains an attractive horizon for businesses, investment: Deloitte

Malaysia remains an attractive horizon for businesses, investment: Deloitte

To attract foreign companies to relocate their business into Malaysia by addressing the risk of re-shoring, the Government will grant the following incentives: a)  0% tax rate for 10 years for company in manufacturing sector with new investment in fixed assets between RM300 million and RM500 million. b)  0% tax rate for 15 years for

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COVID-19: Malaysia’s short-term recovery plan

COVID-19: Malaysia’s short-term recovery plan

Malaysian Prime Minister Tan Sri Muhyiddin Yassin unveiled a host of measures in the Short-Term Economic Recovery Plan. The plan aims at alleviating the worst effects of the Covid-19 pandemic. Here are the main points: > Up to June 2, the Statistics Department recorded that around 12.7 million or 83.5% of the workforce has started

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