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July 26 – August 11 : Malaysia at the 2024 Summer Olympics [28] July 28 – Malaysia formally applies to become a member of the BRICS economic bloc and geopolitical organization. [29] July 30 – Former Prime Minister Mahathir Mohamad is discharged from the National Heart Institute (IJN) after a two-week stay for treatment of a cough. [30]
Malaysia's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua. [2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia.
Anwar said the government will introduce a 5%-10% tax on luxury goods such as jewelry and watches, as well as a 10% capital gains tax next year to expand its revenue base. Tourists will be exempt ...
The annual motor vehicle tax was replaced by the road traffic insurance tax which came into effect on 1 January 2018 and is paid through the yearly compulsory liability insurance for motor vehicles. [30] [31] While commonly referred to as a "veiavgift" ("road tax"), no road tax has ever existed in Norway.
A TomTom Traffic Index report in 2024 cited Metro Manila as having the worst traffic in the world for a metropolitan area. [47] Economic losses due to traffic congestion costs about ₱3 billion, as of 2012. [48] By 2030, over ₱6 billion will be lost in the Philippines' economy due to traffic congestion, according to JICA. [49]
November 2024) (Learn how and when to remove this message) The proposal to build an expressway was conceptualized in 2000 under the administration of President Joseph Estrada , when the proposal was dubbed the North Luzon Expressway East , a 250-kilometer (160 mi) highway as a build-operate-transfer (BOT) project that stretches Commonwealth ...
Malaysia will be the first country in the region to potentially adopt this technology. [ 11 ] The ART is a multi-carriages that is equipped with sensors that read the painted tracks marking on the road, enabling it to automatically navigate its own route while travelling up to 70 km per hour and carrying more than 100 passengers per carriages.
In August 2024, Isla Lipana-PwC partner Zaldy D. Aguirre, Philippine Infradev Holdings's independent auditor reported a P44 billion impairment loss in 2023. As a consequence of the High Tribunal's landmark decision in the Makati–Taguig boundary dispute , Infradev incurred P5 billion for its subway unfinished work and P39 billion for ...