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Discontinuation of The Reduction Of Fixed Deposit Placement Based On Property Purchase And MM2H Approval By Government Pension
Kindly be informed that MM2H Centre has discontinued the reduction of Fixed Deposit placement based on property purchase worth RM1 million and above in Malaysia. Also discontinued is the MM2H...
Clarify petrol subsidy terms Print E-mail
Friday, 15 January 2010 01:53
I REFER to recent reports that from May 1 there will be no petrol subsidy for non-citizens. The government needs to clarify what is meant by foreigners and non-citizens to avoid confusion and possible anomalies.

Many foreign-owned companies have in their employment expatriates who are issued employment passes and visas by the Immigration Department subsequent to obtaining approval from Mida when they set-up their plants/companies in Malaysia.

And they are regarded as residents by the Inland Revenue Board if they are in the country for a minimum of 180 days a year; and these foreigners pay income tax.

We also have foreigners who are permanent residents via the Malaysia: My Second Home programme.

I hope the Finance Ministry and the Domestic Trade, Cooperatives and Consumerism Ministry will take a serious view of the various categories of foreign residents to dispel any possible negative perceptions.



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