special financial zone

Anwar: Malaysia Designates Forest City as Special Financial Zone to Boost Iskandar Malaysia Economy

The Malaysian government has taken a significant step by designating the Forest City project as a special financial zone, aimed at stimulating economic growth in Iskandar Malaysia. Prime Minister Anwar Ibrahim highlighted various incentives, including multiple entry visas and a flat income tax rate of 15%, intended to attract knowledge workers and foster growth in sectors like healthcare, education, and...

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