First Package (9 September 2015)
– Boost industrial competitiveness through deregulation
– Curtail red tape
– Enhance law enforcement & business certainty
Second Package (30 September 2015)
– Interest rate tax cuts for exporters
– Speed up investment licensing for investment in industrial estates
– Relaxation import taxes on capital goods in industrial estates & aviation
Third Package (7 October 2015)
Cut energy tariffs for labour-intensive industries
Fourth Package (15 October 2015)
– Fixed formula to determine increases in labour wages
– Soft micro loans for > 30 small & medium, export-oriented, labour-intensive business
Fifth Package (22 October 2015)
– Tax incentive for asset revaluation
– Scrap double taxation on real estate investment trusts
– Deregulation in Islamic banking
Sixth Package (5 November 2015)
– Tax incentives for investment in special economic zones
Seventh Package (12 December 2015)
– Speed up transfers of funds to the village level
– Boost infrastructure development in the villages
Eighth Package (21 December 2015)
– Investment deregulation
Ninth Package (2016)
- Stabilization of macroeconomic through fiscal and monetary policy (including control of inflation).
- Controlling price of basic commodity such as food and fuel.
- Improving use of biodiesel to reduce import of fuel and increase export price of palm oil.
- Accelerating use of village fund for development of labour-based project and increase allocation of ‘beras sejahtera’ (rice for welfare).
- Accelerate government expenditure and promoting the use of budget as driver of growth.
Objective: