Government Rethinks Autos Protectionism

A review of Malaysia's automotive policy is underway, which may include further liberalising of the industry in order to encourage investment. Speaking at an industry conference, Deputy Prime Minister Muhyiddin Yassin said that the industry 'cannot depend for too long on government protection.' Initial moves were made to open up the industry in 2006 by lowering import tariffs. The two major domestic carmakers,

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