Paul Tan's Automotive Industry News

National Automotive Policy News Flash

This just in.

  • The government will progressively phase out the Approved Permits system, with complete abolishment by December 2010.
  • Import tariffs for ASEAN vehicles under the ASEAN Common Effective Preferential Tariff will be reduced to 5%.

More details later.

8 Comments »

  1. mango1881 said,

    March 22, 2006 @ 6:19 pm

    ya… right.!!

  2. Joe Ooi said,

    March 22, 2006 @ 6:48 pm

    The above is more on complying with AFTA commitment! Can we call it “policy” to stimulate automotive sector. BTW, waite and see more announcement!

  3. Ah-Ba said,

    March 22, 2006 @ 8:05 pm

    5% tax for car fr ASEAN, start tomorrow?

  4. mystvearn said,

    March 22, 2006 @ 10:47 pm

    Does it include cars that are manufactured in the ASEAN region? BMW has a factory in Thailand :P

  5. iguanaa said,

    March 23, 2006 @ 12:50 am

    …a cheap Beamer?….dream on….yes 5% import duty….300% exise duty….so what’s the diff??…the Gov are not c2pid….if only 5% import duty…tomorrow….P1 & P2 can immediately close shop….

  6. Ricc said,

    March 23, 2006 @ 8:54 am

    iguanaa is right.. but I really wonder when this will come into force. I’ve heard about this since a few years back, seems like nothing happen…

  7. Zoom said,

    March 23, 2006 @ 3:08 pm

    Errm… Gov is kind enough to consider if AP kings cannot find jobs after that, so the system still continue for a period (another 4 yrs) until it’s abolish…
    I love malaysia!

  8. OpTiMuS said,

    March 23, 2006 @ 10:24 pm

    the main question is how much is the drop in price….

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