Malaysia announced its latest 150 billion-ringgit (US$36 billion) economic stimulus package, named Pemulih, in response to the indefinite extension of the national lockdown.
On June 18, 2021, Malaysia and Thailand launched a cross-border quick response (QR) payment linkage to enable businesses and consumers from both countries to receive instant QR code payments.
Malaysia’s government has introduced its latest economic stimulus package — Pemerkasa Plus — as a response to the national lockdown measures.
Malaysia’s Central Bank has established a 1 billion ringgit (US$241 million) financing facility to support high-tech SMEs impacted by the pandemic.
As of May 17, visitors from both countries can cross the border for compassionate reasons, such as visiting family members that are critically ill.
Microsoft is establishing its first data center in Malaysia, which is expected to create 19,000 jobs and generate US$4.6 billion in revenue for the country.
Malaysia is home to five investment corridors, which offer their own distinct investment roadmaps.
Malaysia has introduced a variety of indirect tax and stamp duty measures in its 2021 national budget that businesses should be aware of.
Malaysia’s government has introduced several income tax amendments that will impact individual taxpayers for 2021.
Malaysia’s government has issued several tax measures in its national budget that will impact businesses in 2021.