Light industries in Malaysia are usually small businesses where companies produce their own products and are used by consumers. These businesses usually do not require a lot of capital to start. A buffer zone is a space or distance between an industrial area and a residential area that helps to maintain separation and reduce the […]
Since the country gained independence in 1957, Malaysia’s economic activities have shifted from primary commodities such as rubber and wood to industrialization over the years. To meet the growing needs of the business communities in terms of manufacturing and trading facilities and to attract more foreign direct investment, the Malaysian Government enacted the Free Zones […]
With the development of globalization, people are moving from local trade to international trade. Every government in the world has begun collecting taxes and charges on items that are imported or exported. The major reasons for levying taxes/duties are to safeguard domestic industries from foreign rivals, increase revenue, and restrict the flow of specific items […]
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