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Global Trade Alert

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Malaysia: Introduced relaxed FDI requirements and subsidies for local businesses under the second Budget 2020

Description

On 11 October 2020, through the announcement of the 2nd Budget 2020, Malaysia provided RM 500 million (USD 120.8 million) for SMEs to upgrade their systems for the following services: electronic poi...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Oct 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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