Malaysia's tax incentives attracting Japanese corporations to set up regional hubs, says report

PETALING JAYA: More Japanese multinational corporations (MNCs) are choosing Malaysia and Thailand over Singapore as the place for their regional hub to reduce costs and take advantage of new perks, according to Nikkei Asia.

One of these is printing ink manufacturer Sakata Inx, which set up a regional office in Malaysia in February ahead of operations starting either at the end of 2024 or early 2025.