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Budget 2025 a net negative for plantations

2 weeks ago Business & Financial theborneopost
KUCHING (Oct 21): Analysts believe Budget 2025 is a net negative for the plantations sector as the adverse changes (minimum wage, export taxes, foreign worker levy, Employee Provident Fund (EPF) for foreign workers) offsets the small positive adjustment made to windfall tax. Effective 1 January 1, 2025, the windfall tax threshold will be raised by [...] Read more at: theborneopost

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