Recently, our Prime Minister, Datuk Seri Anwar Ibrahim has considered the country’s competitiveness and the speed of business approvals to cater for the current economic challenges. The president of the Federation of Malaysian Manufacturers (FMM), Tan Sri Soh Thian Lai, has urged the Government to allocate more financial aid, incentives, and initiatives in the upcoming Budget 2023 for R&D and innovation initiatives. This eNewsletter provides a summary of the different types of R&D incentives.

 

 

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