KUCHING, Feb 26 — Sarawak could have been given a much bigger allocation under the Budget 2023 to catch up with the infrastructure development in Peninsular Malaysia, said Datuk...
KUCHING, Feb 26 — Sarawak could have been given a much bigger allocation under the Budget 2023 to catch up with the infrastructure development in Peninsular Malaysia, said Datuk Richard Wee.
“At a glance, it seems that Budget 2023 is quite comprehensive and has covered most areas and sectors especially the Micro, Small and Medium Enterprises with financial scheme and reduced taxation to provide the necessary assistance for their recovery. He pointed out that another concern is the intention of reintroducing of Capital Gains Tax which can be a disincentive to the business community.When asked how much bigger allocation Sarawak needs, Wee said this would always be a very subjective issue.
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