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Device Authority Malaysia News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Medical device sector expected to contribute RM20b to economy this year

PUTRAJAYA, Feb 15 ― The medical device sector is projected to contribute RM20 billion to the country's economy this year, supported by the increase in domestic and foreign.

What s Covid-19 got to do with the price of cars?

What’s Covid-19 got to do with the price of cars? Yamin Vong © Provided by Free Malaysia Today Let’s talk about new cars. An imported new car, known in the trade as a completely built-up (CBU) car, will generally cost twice as much as a locally-assembled car, because import taxes raise the price of the CBU car and conversely, makes locally assembled cars more affordable. Essentially, local assembly happens because emerging nations recognise the auto industry as being a source of employment and economic growth. In most cases, locally assembled cars would cost more than CBU cars if not for import taxes.

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