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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 its second Budget 2020, Malaysia provided RM 1.1 billion (USD 265.8 million) for tourism industry under the Visit Malaysia 2020 through the following fo...

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Intervention Details

Intervention Type

State aid, nes

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

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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