FLASH: Attracting Fortune 500 companies
The government is creating various schemes to attract Fortune 500 companies in the following industries - technology, manufacturing, creative and new economy.
FLASH: No plans to bring back Goods and Services Tax
Putrajaya has no plans to reintroduce the Goods and Services Tax.
FLASH: For the year 2020, Sabah and Sarawak remained the state that received the highest development expenditure
In the year 2018, Sabah and Sarawak were the highest recipients of the federal government grant of RM 1.
FLASH: The total Budget 2020 size is RM297.020 billion
The total Budget 2020 size is RM297.
FLASH: Logistic hubs in the Special Border Economic Zone (SBEZ)
The Government also wanted to strengthen the trade relationship with Thailand through the development of logistic hubs in the Special Border Economic Zone (SBEZ) of the Kota Perdana in Bukit Kayu Hitam of 100 acres.
FLASH: Government is implementing feasibility studies for the development of Carey Island
The Government is implementing feasibility studies for the development of Carey Island for its next growth phase to make port Klang the Regional Maritime Center and cargo logistic hub.
Economic Outlook 2020 Report: Malaysian economy to grow 4.8% in 2020 vs 4.7% in 2019
KUALA LUMPUR (Oct 11): Malaysia's real gross domestic product (GDP) is expected to grow by 4.
Economic Outlook 2020 Report: Household debt increases slightly to RM1.22 tril
KUALA LUMPUR (Oct 11): The overall household debt increased slightly to RM1.
Economic Outlook 2020 Report: Residential segment growth muted
PETALING JAYA (Oct 11): Malaysia’s real estate segment is projected to moderate in tandem with the prolonged overhang of residential and commercial properties.
Economic Outlook 2020 Report: Infrastructure development to support construction and real estate services
PETALING JAYA (Oct 11): With continuing external uncertainties and slow domestic growth, the construction sector in Malaysia is expected to be supported by on-going infrastructure development.
