APIB Suggest Corporate Tax Rate Cut To Help SMEs

KUALA LUMPUR, Oct 23 (Bernama) — Asia Pacific Investment Bank (APIB) suggests the Malaysian government to further reduce corporate tax to help SMEs survive the ongoing pandemic.

Chris Wang, CEO of APIB, says the Covid-19 pandemic is taking a toll on the 900,000 SMEs across the nation, especially those that operate in the tourism, manufacturing, catering and retail sectors.

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