0.1% tax on transfer of crypto assets: MoF's circular

Under the circular, individual investors, regardless of residency status, who transfer crypto assets through service providers must pay personal income tax at a rate of 0.1 per cent of the value of each transaction.

Malaysia appreciates Việt Nam’s competitive edge in investment attraction

Speaking at the New Japan–Malaysia Industrial Cooperation Seminar, Nazir Razak, Chairman of the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia, acknowledged growing competition from regional economies such as Việt Nam, which benefits from political stability, an abundant labour force, and a larger domestic market.

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