Budget 2021 vital to boost investment sentiment

Sunway University professor of economics Yeah Kim Leng said government support in the form of wage subsidies extension, access to funds and guarantees, and various reliefs to low business costs would be welcomed, especially by large and mid-sized firms that are considering downsizing, relocating or exiting.

PETALING JAYA: Budget 2021 plays a delicate role in not only strengthening households’ purchasing power, but also in creating an accommodative investment environment for local companies and foreign investors.

Incentives and measures under the budget are expected to make Malaysia a competitive investment destination, at a time when foreign direct investments (FDIs) are evolving to be geographically diverse with a shift in focus towards the South-East Asian region.

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