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CLICK TO ENLARGEPETALING JAYA: It appears that Corporate Malaysia needs more tax incentives to accelerate private investment growth that has been trending down in recent years. In 2019, private sector investments grew at the slowest pace since the global financial crisis, while the latest figures from the Statistics Department showed that net investments in fixed assets in the manufacturing, mining and construction sectors had declined. The lacklustre appetite for investments has only worsened post-Covid-19, given that private investments from January-March 2020 fell by 2.3%,

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