At the tabling of Budget 2019, the Pakatan Harapan (PH) government has announced an allocation of MYR10 million to grow eSports in the country. The digital sports game industry is a rapidly growing segment and is targeted to be worth USD1 billion.
At the tabling of Budget 2019, Finance Minister Lim Guan Eng introduced several incentives to encourage the use of public transport in the country.
Malaysia’s Finance Minister Lim Guan Eng is currently tabling Budget 2019 in Parliament, the first federal budget by the Pakatan Harapan (PH) government. Carrying the theme of “Credible Malaysia, Dynamic Economy, Prosperous Rakyat,” the budget focuses on reforms, the people’s well-being and promotion of entrepreneurial culture. One of the key announcements is that international online streaming and online-based services like Netflix, Spotify and Steam will be subjected to tax starting 1 January 2020.