Dr M: Govt open to changing tax policy to boost local goods

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Prime Minister Tun Dr Mahathir Mohamad looking at the model train koch built by Bombadier during the Might Consulatation on at Might Partnership Hub in Cyberjaya.

CYBERJAYA: The government will consider changing its tax policy to help boost the production and manufacture of local goods, says the Prime Minister."We are not even serving our own country.

"If there is a need to change the government policy . This may involve re-planning the taxation, particularly involving industries," he said in response to a question at a dialogue with Malaysian Rail Industry Corporation on Tuesday . However, he pointed out that while the government could change policies to encourage the production of local goods, it could not force the people to buy locally made items."If you prefer local products, over time the quality of the products will improve.

"But if you don't encourage local products and start buying imported goods, then there is no opportunity for Malaysian-made products to achieve the standards required for international markets," he added.

 

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Good start

Pls also consider heavy fines for local goods with subpar quality. I have heard in the past that for-export Proton cars were higher quality than the ones sold locally.

mkula 👍👍👏👏 chedetofficial

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