Revamping tax incentives to fight for FDI


By P Aruna

Ling: While Malaysia may not be able to compete well with the likes of populous Indonesia and Vietnam, it has carved out a niche in medium-to-high-end manufacturing... such as chipmakers.

AT a time when the battle for foreign direct investments (FDI) in the region has intensified and reached new heights, Malaysia is making a strategic move to step up its game.

As widely speculated ahead of Budget 2020, the country will be implementing the much-needed revamp of its tax incentives as seeks to capture the strong flow of FDI entering the region as a result of the US-China trade war.

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