This chapter gives an overview of Malaysia’s tax environment, focusing on the regulations and rates that affect businesses and investments. It also features an analysis of the new tax on goods and services that is set to go into effect in 2015.
This chapter gives an overview of Malaysia’s tax environment, focusing on the regulations and rates that affect businesses and investments. It also features an analysis of the new tax on goods and services that is set to go into effect in 2015.
The Malaysia Education Blueprint 2013-25 was launched in September 2012 and is now implementing phase one, which runs to 2015. With a solid foundation to build on, the government is eager to raise education standards and broaden access in conjunction with the goals it has set for 2020. Two key elements of this are foreign direct investment and collaboration from private institutions. For...
In 2014 Malaysia’s ICT sector ranked highly in international indices, including internet and telephony competition, knowledge absorption and cluster development among other measures. Out of Malaysia’s population of 30m, 15.2m people use the most popular networking sites, spending an average of 16 hours a week online, far more than their counterparts in other South-east Asian countries. With a...
A major push to boost efficiency in the agriculture and plantations sectors is under way, with the government allocating some RM6bn ($1.8bn) to the sector in its 2014 budget to support a drive for greater productivity, among other strategies. The bulk of agriculture’s contribution to GDP comes from plantation crops, which accounted for 36.5% of the sector’s value in 2012, followed by rubber (8...
In 2013 tourism was the sixth-largest contributor to Malaysia’s economy, making up $16.1bn of gross national income, from seventh place in 2012. The government and the private sector have taken many concrete steps in recent years to ensure the arrival of more and more visitors, be it for business or leisure. In the year marked by two Malaysian Airlines tragedies, the industry is making a...
A key contributor to the economy, manufacturing accounted for 24.5% of Malaysia’s GDP in 2013, ranking it second only to the services sector (55.2%) and well ahead of mining (8.1%), agriculture (7.1%) and construction (3.8%). As Malaysia increases its global trade via participation in trade agreements such as ASEAN and the Trans-Pacific Partnership Agreement (TPPA), enhancing efficiencies and...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×