Explore key sectors, investment incentives, and regulatory frameworks shaping Malaysia's industrial landscape.
Malaysia Industry Policy
2025-01-20
Category: Government
Frequency: Daily
Explore key sectors, investment incentives, and regulatory frameworks shaping Malaysia's industrial landscape
| Date | Category | Details |
|---|---|---|
| 16 Jan, 2025 | Tax | The Companies Commission of Malaysia (CCM) has introduced new criteria for audit exemptions, effective January 1, allowing private companies to forgo financial statement audits if they meet at least two of three conditions. These conditions are: an annual revenue not exceeding RM3 million for the current and previous two financial years, total assets within the same period also not exceeding RM3 million, and a workforce of no more than 30 employees at the end of the current and previous two financial years. |
| 11 Jan, 2025 | Iron and Steel | The Malaysian government has announced preliminary anti-dumping duties on the imports of tinplate — flat-rolled products of iron or non-alloy steel coated with tin — from China, India, Japan and South Korea, at rates ranging from 2.52% to 36.8%. The Ministry of Investment, Trade and Industry announced the start of the anti-dumping probe in mid-August 2023, following a petition from Perusahaan Sadur Timah Malaysia (Perstima) Bhd. A final determination in relation to the investigation shall be made within the period of 120 days from Jan 11, 2025, |
| 27 Dec, 2024 | Renewable Energy | The Energy Commission (EC) of Malaysia has finalized the winners for the fifth large-scale solar (LSS5) bidding round, allocating a total capacity of 2,000 megawatts (MW) across four packages. Package Three: Tenaga Nasional Bhd (TNB): TNB Renewables Sdn Bhd (TRe), a subsidiary of TNB, has been awarded a 500MWac large-scale solar photovoltaic (PV) plant project in Kuala Muda, Kedah. This is the largest solar farm project awarded in Malaysia to date under the LSS reverse bidding process. Samaiden Group Bhd: Shortlisted for a 99MWac project in Kelantan. Gentari Sdn Bhd: A wholly-owned renewable energy subsidiary of Petroliam Nasional Bhd (Petronas), awarded a 100MWac project in Kedah. Ditrolic Energy Holdings Sdn Bhd: Secured a 100MWac project in Perak. Parkland Renewable Energy Sdn Bhd: A majority-owned subsidiary of property developer Parkland Group, awarded a 99.99MWac project in Johor. Package Four: Wawasan Demi Sdn Bhd: 63%-owned by Aizo Group Bhd, awarded a 99.99MWac project in Perak. Nusantara Suriamas Sdn Bhd: 70%-owned by Gadang Holdings Bhd, secured a 99.99MWac project in Selangor. Conextone Energy Sdn Bhd: Granted a 90MWac project in Melaka. Edra Power Holdings Sdn Bhd and Worldwide Holdings Bhd Joint Venture: Linked to a 300MWac project in Selangor. |
| 24 Dec, 2024 | Renewable Energy | The Ministry of Energy Transition and Water Transformation has removed the 85% demand capacity cap for non-domestic users under its self-consumption (SelCo) programme, and to allow the installation of solar panels on the ground and over bodies of water. |
| 4 Nov, 2024 | Financial | Bursa Malaysia is looking at imposing bumiputera equity requirements for initial public offerings (IPOs) on the ACE Market. Securities Commission Malaysia and Bursa Malaysia are considering changing the listing guidelines to require new listings on the ACE Market to allocate 12.5% of the enlarged share base to bumiputera investors approved by the Ministry of Investment, Trade and Industry (Miti). The growth-oriented ACE Market currently has no bumiputera equity requirements at the point of listing. |
| 4 Nov, 2024 | Transport | Malaysia to end all use of natural gas vehicles (NGV) on July 1, 2025. |
| 15 Oct, 2024 | Financial | Khazanah Nasional Bhd is set to strengthen Malaysia's venture capital ecosystem with the launch of the Emerging Fund Managers' Programme (EMP) and the Regional Fund Managers' Initiative (RMI).The EMP is focused on empowering local VC fund managers to become regionally competitive, with the National Fund-of-Funds (NFOF) providing capital commitments to signal confidence to investors. Meanwhile, the RMI will target international fund managers to invest in Malaysia, boost local startups and help grow the country's innovation-driven enterprises. |
| 10 Oct, 2024 | Property | The Selangor state government will exempt property developers from development charges for projects of several affordable housing schemes, including Rumah Idaman and Rumah Selangorku Harapan, effective January 2025. |
| 9 Oct, 2024 | Poultry | Malaysia's government is considering removing subsidies for eggs. |
| 9 Oct, 2024 | Electricity | Malaysia is set to transition away from coal power, with coal-fired generation being gradually phased out and no new coal plants in the pipeline. |
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