Thursday 28 Mar 2024
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KUALA LUMPUR (Oct 24): Grab hopes Malaysia's Budget 2018 will include excise duty rebates for locally-made cars used in public transportation, as more-affordable vehicles will allow Malaysians to consider driving for ride-hailing services to supplement their income.

Grab Malaysia country head Sean Goh said excise-duty rebates for Malaysian-made cars will also support the local automotive industry.

"This would be of help to the Malaysian economy in general and the sharing economy in particular. It would also help ride hailing players continue to contribute to Malaysia’s growth story, with jobs and accessibility.  
“Via the Grab platform, the excise duty exemption will further boost affordable access to transportation for Malaysians; while empowering Malaysians — especially our youth — who seek to explore their entrepreneurial aspirations,” he said in a statement today.

Prime Minister Datuk Seri Najib Tun Razak will table Budget 2018 in Parliament this Friday (Oct 27).

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