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Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

PETALING JAYA: The Malaysian government has affirmed its commitment to enhancing the domestic business ecosystem in 2025 through strategic investments...

The Malaysian government has affirmed its commitment to enhancing the domestic business ecosystem in 2025 through strategic investments and tax reforms that drive economic growth and competitiveness.

Special focus is given to strategic industries such as semiconductors, renewable energy and advanced manufacturing. Budget 2025 introduced incentives, including tax exemptions, for companies involved in carbon capture, utilization, and storage projects. This helps businesses move toward sustainability and opens new market opportunities in environmental tech.

This shift in subsidy management is expected to generate savings that can be reinvested into public welfare and infrastructure projects, indirectly benefiting businesses and small and medium enterprises.The government will provide financial assistance through the New Industrial Master Plan and strategic funds, such as the Strategic Co-Investment Fund and the National Industry Development Fund.

 

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Malaysia Malaysia Latest News, Malaysia Malaysia Headlines