The new and extended incentives announced under Budget 2019 reflects Malaysia’s commitment in ensuring a conducive business environment for domestic and foreign investors against the backdrop of global challenges.

“As the principal investment promotion agency for the country, MIDA looks forward to the holistic study to review the 130 existing investment incentives under the purview of 32 Investment Promotion Agencies.

The Malaysian Investment Banking Association says the Pakatan Harapan Government presented its fair share of challenges while trying to achieve fiscal prudence without derailing the economy and hurting the wellbeing of the Rakyat in 2019 Budget.

“It shows the strong commitment to ensure the economy continues to expand at a healthy pace while at the same time taking into consideration on the wellbeing of the people,’ says its chairman Tan Sri Azman Hashim.

Microsoft Malaysia welcomes the 2019 National Budget themed “Credible Malaysia, Dynamic Economy, Prosperous Rakyat” which focuses on people's wellbeing, fosters an entrepreneurial culture and enables an inclusive society.

We are committed to partnering Malaysia in the journey to become a developed nation, fueling digital economy growth for SMEs and enterprises, driving workforce skills development as well as ensuring healthcare and education access for all.

The Life Insurance Association of Malaysia (LIAM) would like to thank the Government for tabling a very caring budget to take care of the well-being of the Rakyat.

Anusha Thavarajah, President of the Life Insurance Association of Malaysia, said “The life insurance industry is pleased with the special incentives that the Government has granted to fulfill the needs of the rakyat and to promote a fully inclusive society.”

The Malaysian Institute of Accountants (MIA) welcomes the well-thought out and diversified Budget 2019 that will chart the nation’s future development while restoring the nation’s credibility and protecting social wellbeing.

Kumpulan Wang Persaraan (Diperbadankan) [KWAP] echoes the sentiment of the government on the recently presented Budget 2019 as a crucial step to place Malaysia on a stronger footing globally and to emerge once again as the Asian economic tiger.

In a statement soon after the Budget announcement, the Fund says it supports the propositions by the government to ensure the prosperity of the rakyat today as well as the generations to
come.

Sage Asia vice president and managing director Arlene Wherrett shares her thoughts on sugar tax, SME and technology initiatives announced by Finance Minister Lim Guan Eng during the tabling of Budget 2019.

The Government intends to introduce excise duty from 1 April 2019 at 40 cents per liter on two categories of sugary drinks manufactured in the form of ready-to-drink packaging.

Budget 2019 has been carefully crafted to balance fiscal discipline and growth, says  Tengku Dato' Sri Zafrul Aziz, Group Chief Executive, CIMB Group

There is a sharper focus on addressing bread-and-butter issues, as well as better public health care for the B40, through assistance such as petrol and electricity subsidies, cost of living allowance, the B40 National Health Protection Fund and free medical screening for those above 50. With such holistic support, they should be in a better position to improve their livelihoods and live more productively.   

The National ICT Association of Malaysia (Pikom) is cautiously optimistic that the measures announced in today’s Budget 2019 speech will spur the digital economy.

On the allocation of more than RM5 billion for the adoption of Industry 4.0 for years 2019-2021, Pikom chairman Ganesh Kumar Bangah has reveals that Pikom looks forward to this allocation.