Budget 2022: Maybank, TM, Microsoft and other industry giants respond to latest budget - SoyaCincau

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Following the tabling of the Budget 2022, many industry leaders have reacted and given their own commentary on it, with most of them welcoming the new budget.

And while Malaysians everywhere will have different reactions to the Budget 2022 announcement, we’ve also gotten reactions and commentaries on the budget for next year from some of the tech industry’s biggest players. So far, it appears as though Tengku Zafrul’s plan as been relatively well received by them.As the largest telecommunications company in Malaysia, it might be pleasing to note that TM seems pleased with the Budget 2022 announcement.

On this note, we welcome the newly announced allocations in Budget 2022 that will further drive this shared vision for electrified mobility forward. We celebrate with Malaysia on the latest announcement of full exemptions on import duties, excise duties, and sales tax for electric vehicles – which will not only increase uptake but encourage further development of the EV infrastructure and ecosystem to drive Smarter, Low Carbon Communities and Cities in the country.

Overall, Fernandez and PropertyGuru Malaysia appear pleased with the Budget 2022 plans and state that they look forward to supporting the government’s efforts in helping Malaysians own a home.Red Hat, the company behind the well known Red Hat Enterprise Linux operating system, joins the club of industry giants looking forward to 2022 following the Budget 2022.

“While it is laudable that the Defense Ministry has been allocated RM16 billion to fortify our national borders, efforts should also go into strengthening the nation’s cybersecurity stance. This is especially critical when security-related incidents in recent times illustrate cybersecurity as a key infrastructure priority.”

 

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