Levy may incur construction players extra RM2bil in cost

By EUGENE MAHALINGAM

Foo: ‘The new policy will impair the cash flow of the employers.’

New policy is added burden to sector, says MBAM

KUALA LUMPUR: The new foreign worker levy could see local construction players being hit with an additional annual cost of around RM2bil.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , MBAM , levy , employee

Next In Business News
SIlver Ridge unit to supply laptops to MOE for RM42.88mil
Ringgit snaps four-day gains to end marginally lower vs US$
Silver climbs to US$65 for first time; gold rises as US unemployment rate rises
Jati Tinggi-Idiqa JV to undertake RM117.17mil TNB job
Itmax System inks RM36mil immigration CCTV job
Muhibbah Engineering unit sells offshore supply vessel for RM74mil
Bursa Malaysia ends lower on profit-taking after four-day rally
MIDF, IACSA inks MOU to advance IP valuation and financing in Malaysia
TSR Capital unit secures RM48mil construction contract in Klang
Paramount unit to acquire Bukit Raja lands for RM113.5mil

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.