Breathing space for investors


Speaking to StarBiz, Sunway University professor of economics Yeah Kim Leng (pic) said the relaxation will provide domestic and foreign investors with greater flexibility and efficiency in implementing their projects

PETALING JAYA: In its attempt to facilitate investors whose approved projects were affected by the Covid-19 pandemic, the government has decided to relax incentive conditions for manufacturing and services companies under the purview of the Malaysian Investment Development Authority (Mida).

The relaxation is for the period between 2020 and 2021.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Investors , MIDA , relaxation , Yeah Kim Leng , Lee Heng Guie ,

   

Next In Business News

Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs

Others Also Read