National Automotive Policy News Flash

Posted in Cars, Local News / By /

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.

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • mango1881 (Member) on Mar 23, 2006 at 2:19 am

    ya… right.!!

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  • Joe Ooi (Member) on Mar 23, 2006 at 2:48 am

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

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  • Ah-Ba (Member) on Mar 23, 2006 at 4:05 am

    5% tax for car fr ASEAN, start tomorrow?

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  • mystvearn (Member) on Mar 23, 2006 at 6:47 am

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

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  • iguanaa (Member) on Mar 23, 2006 at 8:50 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….

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  • Ricc (Member) on Mar 23, 2006 at 4:54 pm

    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…

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  • Zoom (Member) on Mar 23, 2006 at 11:08 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!

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  • OpTiMuS (Member) on Mar 24, 2006 at 6:24 am

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

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