Malaysia to offer tax breaks, incentives
Malaysia announces tax breaks, incentives in Forest City development to boost investments
Malaysia announced on Friday tax breaks and incentives for the troubled Forest City development, a $100 billion project backed by Chinese developer Country Garden Holdings, in a bid to lure investments and spur economic growth in the area.
Malaysia Offers Zero Tax for Family Offices in $100 Billion Forest City Development
Malaysia is offering 0% tax rate for family offices to set up shop in its struggling mega-project Forest City, as it looks to revive investor interest in the $100 billion development near its border with Singapore.
Forest City first location in Malaysia to offer zero tax rate for family offices
Forest City will be the first location in Malaysia to offer a 0% tax rate for family offices, said Finance Minister II Datuk Seri Amir Hamzah Azizan in a press conference after the launch of the incentive package for Forest City Special Financial Zone by Johor Regent Tunku Ismail Sultan Ibrahim on Friday (Sept 20).
Malaysia dangles 0% tax carrot to draw family offices to Forest City special financial zone, outlines other incentives
The government is also offering lower income tax rates for foreign workers as well as concessionary corporate tax rates to attract international firms.
Malaysia unveils zero tax for family offices in Forest City, in bid to revive Johor project
The move is part of a slew of incentives aimed at reviving Forest City, a US$100 billion beleaguered development. Read more at straitstimes.com.
Malaysia dangles tax breaks to lure Asia’s rich to Forest City to revive China-backed project
Malaysia is offering zero per cent tax to attract wealthy Asians to set up family offices in the troubled mega-project, and revive Chinese-led project.
Malaysia announces tax breaks, incentives for Johor's Forest City
Malaysia announced on Friday tax breaks and incentives for the troubled Forest City development, a $100 billion project backed by Chinese developer Country Garden Holdings, in a bid to lure investments and spur economic growth in the area.
Malaysia's king to visit China Thursday
The ceremonial ruler from the southern state of Johor, will be accompanied by Malaysia's transport and housing ministers ...
Malaysia set to launch Forest City’s special financial zone on Sept 20
Packages and incentives will be offered to insurance finance companies and others. Read more at straitstimes.com.
Malaysia’s only casino is in the political crosshairs as an Islamic party calls for its closure
The casino, operating since 1969, is in a state the Parti Islam SeMalaysia, an Islamic political party, wants to win.
Klang's heritage walk showcases the historical charms of the royal city
Royal Klang Town Heritage Walk covers 11 landmarks that bear historical significance, from a royal gallery to a fire station.