The exemption of capital gains tax (CGT) is needed to boost capital market performance and also to benefit the over 90% of investments in unit trusts that are made by individual investors.
Malaysia needs more young people to invest in the capital market to ensure that it remains vibrant, said Securities Commission Malaysia (SC) chairman Datuk Seri Awang Adek Hussin.
Malaysia is making a major push into the artificial intelligence era, with nearly RM6 billion allocated to strengthen research, development, and innovation in emerging technologies
