What Do Foreign Companies Want From Budget 2023?

As part of our pre-Budget Series, we check in with the international business community based here in Malaysia as to their wish list. In the October 2023 budget, there was an extension of various tax incentives on eligible green projects and the implementation of a 15% global minimum tax in 2024. But is this enough or do MNCs here really want to see a stable government first and foremost and policies which are consistent and do not flip flop? For answers, we speak to Daniel Bernbeck, Executive Director of Malaysia-German Chamber of Commerce and Industry.

Brought to you by Mah Sing. Reinvent Spaces. Enhance Life

Image credit: Shutterstock