Meanwhile, Tengku Zafrul (pic) expressed optimism that Malaysia’s 2021 gross domestic product (GDP) would grow within the range of 6.5% to 7.5% as projected by the government.
KUALA LUMPUR: The implementation of a windfall tax on glove companies that have benefited from the pandemic is a non-consistent policy which will a send a wrong signal to investors, according to Finance Minister Tengku Datuk Seri Zafrul Aziz.
Should the windfall tax be imposed, it would make investors think twice before investing in the country, or opt to invest in neighbouring countries like Vietnam and Singapore, he said.
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