Malaysia Waives Duty Tax

The Malaysian government recently announced the waiver of its duty tax on around 400 imported goods beginning this month. The waiving of the tax will be implemented to inspire luxury brands to invest in Malaysia, and will also facilitate competitive pricing of imported goods.

A shopping focus will be placed on three main areas: First, the implementation of tax exemptions on a wider range of goods; second, the promotion of the Bukit Bintang/KLCC shopping district, and third, the development of three new outlets.

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