Budget 2023: How It Affects Foreign Businesses In Malaysia
Michel Van Crombrugge, Vice President, Malaysian International Chamber of Commerce & Industry
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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.
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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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