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Adjustments to Malaysian Budget 2016 (Bajet 2016) are being announced by Prime Minister Datuk Seri Najib Razak right now. We will be posting live updates on any automotive-related announcements from his speech here, if there are any.

Auto

  • The free duty treatment on imported vehicles in duty-free islands will be tightened, but will not affect locals residing there.

Transport

  • Physical projects, include construction of roads and public transport will be prioritised.
  • MRT, LRT, Pan Borneo Highway and Kuala Lumpur-Singapore High Speed Rail (HSR) projects will be continued.

12.55pm – And that’s it. Looks like there’s nothing much concerning the auto/transport industry announced this time.