Government urged to review cap on incentives


GEORGE TOWN: The Malaysian International Chamber of Commerce and Industry (MICCI) wants the 15-year cap on companies to claim the reinvestment allowance to be reviewed because of the economic situation.

President Datuk Wira Jalilah Baba said the Government should do its part to retain local and multinational companies (MNC) in the country, or risk losing them to other Asean countries.

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