EUROCHAM Malaysia was invited to attend The Budget 2024 Initiatives: Dialogue Session with Foreign Chambers. The dialogue session was chaired by YB Mulia Senator Tengku Datuk Seri Utama Zafrul bin Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), and accompanied by esteemed personalities including YBhg. Datuk Seri Isham Ishak, YBhg. Datuk Hanafi Sakri, YBhg. Datuk Bahria Mohd Tamil, and Mr. Hairil Yahri Yaacob, it's clear that innovation and collaboration are at the heart of these discussions.
With the October Budget 2024 announcement around the corner, various chambers have submitted their forward-looking proposals to MITI, paving the way for robust reviews and impactful changes. Foreign chambers had the spotlight as they passionately elaborated and presented their proposals, fostering a comprehensive understanding for MITI.
📢 Key Proposals:
- Introduction of a groundbreaking Corporate Income Tax Flatrate in Malaysia
- ESG (Environmental, Social, and Governance) Intervention Fund to empower Malaysian SMEs