Malaysia opens up auto sector to woo investors

KUALA LUMPUR, Malaysia—Malaysia unveiled plans Wednesday to open up its auto sector, including allowing 100 percent foreign ownership and offering a 10-year tax break for carmakers to produce hybrid and electric vehicles as it seeks to catch up with Thailand as a regional auto hub.

NOW THAT'S AN INTERESTING ARTICLE. CHECK IT OUT.

Comments

Popular posts from this blog

THE JAKARTA POST: Ford to release eight new global models in ASEAN by 2015

Automotive sector to drive Malaysia's competitiveness

Bangkok Post: Thailand's investor appeal reviving, but more help needed