Budget 2020: Comments from the banking sector


Tengku Zafrul Aziz, Group CEO, CIMB Group

CIMB Group lauds the budget's focus on digital transformation, which will have broad-based benefits to enable all segments of society to capitalise on 5G and other new technologies.

"This is clear from the tax incentives for knowledge-based foreign investors and encouraging a cashless society, to piloting technology like autonomous vehicles and blockchain," said Tengku Zafrul Aziz, group CEO of CIMB Group.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Uzma gets RM100mil contract extension from PETRONAS Carigali
Ame REIT Unit to launch RM1bil sukuk wakalah programme
Tex Cycle appoints Ho Wai Mun as COO and Lee Junyan as CTO
Ringgit rebounds to end higher against US dollar
Khazanah develops young Malaysians to drive IR4.0, digital economy
Vincent Tan seeks new partner in high-speed rail bid
FBM KLCI edges up, bucks regional trend
Tesla launches redesigned Model Y in Asia, seeking to fend off rivals
Oil set for third straight weekly gain on winter fuel demand
Most Asian stocks decline ahead of US jobs data; currencies steady

Others Also Read