Freight forwarders given till December 2022 to meet Bumiputera equity requirement
KUALA LUMPUR: The Ministry of Finance (MOF) has recently extended, for the second time, the exemption period for freight forwarders to meet the requirement of 51 per cent Bumiputera equity participation until December 2022. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said this was to allow the Bumiputera Agenda Steering Unit (Teraju) to study […]
12MP should focus on digital economy to achieve high-income nation status
KUALA LUMPUR: The government will need to focus on the digital economy and digital infrastructure as well as productivity in the 12th Malaysia Plan (12MP) to restore the country’s growth following the Covid-19 pandemic and hence realise the aim of becoming a high-income economy as early as 2024. The World Bank, in its report titled […]