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Budget 2023: How It Affects Foreign Businesses In Malaysia

Michel Van Crombrugge, Vice President, Malaysian International Chamber of Commerce & Industry

12-Oct-22 07:45

Budget 2023: How It Affects Foreign Businesses In Malaysia

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.


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Image credit: Shutterstock

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Wong Shou Ning, Keith Kam


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Categories:  economygovernmentsponsored content

Tags:  malaysia memilihbudget 2023budget 2023 mahsingbelanjawan 2023foreign businessestax incentiveslabour issuesge15pru15





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