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Budget 2023 included proposals to make Malaysia more business-friendly to attract more foreign direct investments. These included the extension of various tax incentives on eligible green projects and the implementation of a 15% global minimum tax to be implemented in 2024. Michel van Crombrugge, Vice President of the Malaysian International Chamber of Commerce & Industry talks to us about what Budget 2023 got right and what it missed, as well as the ongoing labour issues Malaysia continues to face.
Brought to you by Mah Sing. Reinvent Spaces. Enhance Life.
Image credit: Shutterstock
By BFM Media5
22 ratings
Budget 2023 included proposals to make Malaysia more business-friendly to attract more foreign direct investments. These included the extension of various tax incentives on eligible green projects and the implementation of a 15% global minimum tax to be implemented in 2024. Michel van Crombrugge, Vice President of the Malaysian International Chamber of Commerce & Industry talks to us about what Budget 2023 got right and what it missed, as well as the ongoing labour issues Malaysia continues to face.
Brought to you by Mah Sing. Reinvent Spaces. Enhance Life.
Image credit: Shutterstock

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