Budget 2020: Green tax exemptions extended to 2023

Friday, 11 Oct 2019 5:16 PM MYT

PETALING JAYA: Malaysia's renewable energy policies got a further boost in Budget 2020 with the Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE) receiving an extension to year 2023.

Malaysia mulls P2P energy trading and renewable energy certificates

MARCH 22, 2019

Yeo Bee Yin, Malaysia’s energy and environment minister, gave a press briefing this week on the country’s renewable energy policy. She said the government is currently working on a Renewable Energy Transition Roadmap (RETR) through to 2035 that will include strategies and action plans to reach its renewable energy target of 20% by 2025. The roadmap is still in the early planning stage but a final version will be published by the end of the year, Yeo said.