Live Breaking News & Updates on East Coast Economic Region Development Corridor

THANK you everyone for your feedback on my previous posting. I have read all of them, and I appreciate the constructive feedback.
Without a doubt, Covid-19 has wreaked havoc on all countries and economies. Like other nations, we are also faced with the arduous task of rejuvenating and rebuilding our economy, starting with initiatives introduced through our nation’s short-term economic recovery plan (PENJANA) announced in June 2020. PENJANA has introduced tax and investment incentives such as:
1. 0% tax rate for 10 to 15 years for new investment in manufacturing sectors with capital investment between RM300 million or above; 
2. 100% Investment Tax Allowance for 5 years for existing company in Malaysia relocating overseas facilities/segments into Malaysia (extended to 31 December 2022 under Budget 2021); ....

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