PETALING JAYA: The recently extended vehicle sales tax holiday is a timely move, as it will help boost sales and absorb the impact of the multiple lockdowns imposed this year.
An analyst with a local bank-backed brokerage said the sales tax exemption will especially help bolster the sales of local car manufacturers, considering the current economic uncertainties.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.