Electric Vehicles in Malaysia: Tax Incentives for Owners and Manufacturers
As of January 2022, electric vehicle producers in Malaysia can enjoy a variety of tax incentives, such as tax exemptions for imports, excise, and sales.
Malaysia Enhances Incentives for Businesses Looking to Establish a Principal Hub
Malaysia has enhanced incentives for businesses looking to establish a principal/regional hub in the country.
Malaysia Increases Minimum Wage from May 1, 2022: What are the Implications for Businesses?
Malaysia will increase the national monthly minimum wage from May 1, 2022, by 25 percent from 1,200 ringgit (US$276) to 1,500 ringgit (US$345).
Malaysia’s Post-Election Rally
May 17 – Last week during the national elections in Malaysia, the National Front Coalition (NFC), the party that has governed Malaysia for 56 consecutive years, won a majority of the country’s parliamentary seats to officially extend its reign. The NFC first obtained majority after Malaysia declared independence from Britain in 1957, and has won 13 […]