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MAA welcomes move to reduce import duty on cars
PETALING JAYA: The Malaysian Automotive Association (MAA) welcomed the move to reduce the import duty on cars from Japan and Australia, saying it was in line with the Government’s aim to reduce the price of cars.
Malaysia's import duty removal plan to attract new original equipment manufacturers
PETALING JAYA: The gradual removal of the import duty on cars from Japan and Australia will encourage new original equipment manufacturers (OEMs) to invest in the country, said industry experts and observers.
Import duty on golf buggies abolished: PM
Golf clubs were presented a gift by the Prime Minister Datuk Seri Najib Tun Razak Sunday when he announced the immediate abolition of the import duty on golf buggies to spur the development of the golf industry in the country.
Lower import duty on fabrics, urge garment makers
THE Malaysian Garment Manufacturers Association (MGMA) has called for a further reduction in import duty for all garment fabrics in an effort to stave off #147;very stiff#148; competition from lower-cost producing countries.
CPO exports fall on stronger ringgit, India’s higher import duty
KUALA LUMPUR: Stronger ringgit and steep rise in India’s import duty on crude palm oil (CPO) have dampened the exports of Malaysian palm oil products for the Nov 1-20, 2017 period by 6.25%.
Stronger ringgit, higher Indian import duty hurts CPO exports
KUALA LUMPUR: The stronger ringgit and a steep rise in India’s import duty on crude palm oil (CPO) have dampened the exports of Malaysian palm oil products between Nov 1 and Nov 20, 2017 by 6.25%.
Import duty cut for cars could result in 10% savings
Come Jan 1, cars imported from Asean countries will be cheaper by up to 10% as a result of a reduction in import duty under Malaysia#8217;s commitment to the Asean Free Trade Agreement (Afta).
Indonesia falls on import duty rules, S'pore eases after weak data
BANGKOK: Most Southeast Asian stock markets fell on Friday, with shares of retailers underperforming in Indonesia on concerns over new import duty rules, while Singapore's key index hit a more than one-week low after weak industrial production data.
MBAM calls for lower import duty for heavy machinery
KUALA LUMPUR: Master Builders Association Malaysia (MBAM) has called for the reduction of import duty for heavy machinery used in the construction industry to allow suppliers to be more competitive.
India's farm ministry seeks cut in oilseed import duty
NEW DELHI: India's farm ministry has proposed that the government cut the 30 percent import duty on oilseeds in the budget to be unveiled on Saturday to help local refiners make use of unutilised capacity, a senior ministry official said.
