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Malaysia News - Business, Taxation & Offshore

Malaysia Announces Palm Oil Export Tax Rate For Sept

by Mary Swire,, Hong Kong

Wednesday, August 16, 2017

Malaysia has decided to keep the crude palm oil export duty at 5.5 percent next month, despite higher Indian taxes on imports, which are expected to dent demand. Read Full Story


Malaysia Hints At Sector Tax Breaks In Upcoming Budget

by Mary Swire,, Hong Kong

Tuesday, July 25, 2017

Malaysia is to use targeted tax breaks to support certain industries in this year's budget and in particular small and medium sized businesses, according to a government minister. Read Full Story



Malaysia Looking At Modernizing Road Tax

by Mary Swire,, Hong Kong

Thursday, July 20, 2017

Malaysian Transport Minister Liow Tiong Lai revealed on July 19 that the Government is considering introducing a more modern, innovative way of levying road tax.Read Full Story


European Free Trade Association Sets Out 2017 Priorities

by Ulrika Lomas,, Brussels

Wednesday, July 19, 2017

The European Free Trade Association, which comprises Liechtenstein, Iceland, Switzerland, and Norway, intends to take forward free trade negotiations with India, Indonesia, Malaysia, Vietnam, and Ecuador this year. Read Full Story



TPP11 Explore Plan B Agreement In Japan

by Mary Swire,, Hong Kong

Thursday, July 13, 2017

Following agreement reached by the remaining signatories to the Trans-Pacific Partnership earlier this year to push ahead following US President Donald Trump's withdrawal of the United States from the pact, Japan has taken the lead with regard to formulating a plan B for the agreement.Read Full Story


Malaysia To Introduce Tourism Tax

by Mary Swire,, Hong Kong

Wednesday, July 12, 2017

Malaysia's controversial tourism tax looks set to be introduced on August 1, according to reports. Read Full Story