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

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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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Produced by: Moh Heng Ying

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

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Categories: economy, government, sponsored content

Tags: malaysia memilih, budget 2023, budget 2023 mahsing, belanjawan 2023, foreign businesses, tax incentives, labour issues, ge15, pru15,

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