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Full exemption of tourism tax from 1 July 2020 to 30 June 2021. Exemption of services tax on lodgings and accommodation services from 1 September 2020 to 30 June 2021. Waiver of penalty to companies that are late in submitting payment for sales and services tax. Free 1GB of Internet data from 8 a.m. to 6 p.m. daily until 31 December. [7]
Shared Prosperity Vision 2030 (Malay: Wawasan Kemakmuran Bersama 2030), (abbreviated SPV 2030 or WKB 2030) is a government blueprint released in 2020 by the Government of Malaysia for the period of 2021 to 2030 to increase the incomes of all ethnic groups, particularly the Bumiputera comprising the B40 (lower income group), the hardcore poor, the economically poor, those in economic transition ...
On 25 October 2020, the Yang di-Pertuan Agong Sultan Abdullah of Pahang rejected Prime Minister Muhyiddin's request for him to issue a Proclamation of Emergency pursuant to Article 150(1) of the Federal Constitution of Malaysia in response to a spike in COVID-19 cases throughout Malaysia. [3] On 16 December 2020, Prime Minister Muhyiddin ...
On 28 May 2021, Prime Minister Muhyiddin announced that a nationwide "total lockdown" or Full Movement Control Order (FMCO) will be imposed on all social and economic sectors in Malaysia from 1 June to 14 June 2021. Under this lockdown, only essential economic and social services listed by the National Security Council will be allowed to ...
17 March – COVID-19 pandemic in Malaysia. First coronavirus related death case reported as two deaths recorded on that day. [19] 18 March – Visit Malaysia 2020 has been cancelled due to coronavirus pandemic and movement control order. [20] 25 March – Prime Minister Muhyiddin Yassin announces that movement control order be extended until ...
The onset of the pandemic coincided with a political crisis in early 2020 which continued into 2021 as the spread of COVID-19 and emergency government measures exacerbated initially unrelated political instability, culminating in the resignation of Prime Minister Muhyiddin Yassin and his cabinet in August 2021.
23 July – 8 August – Athletes from Malaysia competed at the 2020 Summer Olympics in Tokyo, Japan, which was postponed by a year due to COVID-19. 26 July - De facto Law Minister Takiyuddin Hassan announced that the state of emergency will not be extended with all laws revoked as of 21 July, raising questions about the legality of the actions.
On 11 February 2021, it was reported that Malaysia's gross domestic product (GDP) had shrunk by 3.4% in the fourth quarter from last year. In addition, the Malaysian economy contracted 5.6% for all of 2020, its worst performance since the 1998 Asian Financial Crisis. [6]