ASEAN Briefing News

Malaysia Extends Income Tax Incentive Applications for the East Coast Economic Region

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Malaysia has extended the timeline for applicants seeking income tax incentives for qualifying activities in the East Coast Economic Region.

Electric Vehicles in Malaysia: Tax Incentives for Owners and Manufacturers

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As of January 2022, electric vehicle producers in Malaysia can enjoy a variety of tax incentives, such as tax exemptions for imports, excise, and sales.

Malaysia Enhances Incentives for Businesses Looking to Establish a Principal Hub

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Malaysia has enhanced incentives for businesses looking to establish a principal/regional hub in the country.

Malaysia Increases Minimum Wage from May 1, 2022: What are the Implications for Businesses?

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Malaysia will increase the national monthly minimum wage from May 1, 2022, by 25 percent from 1,200 ringgit (US$276) to 1,500 ringgit (US$345).

Malaysia’s Post-Election Rally

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May 17 – Last week during the national elections in Malaysia, the National Front Coalition (NFC), the party that has governed Malaysia for 56 consecutive years, won a majority of the country’s parliamentary seats to officially extend its reign. The NFC first obtained majority after Malaysia declared independence from Britain in 1957, and has won 13 […]

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