Malaysia to end excise rebate for Proton-govt source

Newswire

KUALA LUMPUR, Dec 24 (Reuters) - Malaysia has decided to end a 50 percent excise rebate for top car maker Proton and other producers of national cars, a goverment source said on Friday. "There is no rebate now," the source told Reuters, referring to a concession set to expire at the end of this year. Instead, the government was considering extending a package of fiscal incentives to all domestic producers, the source said.

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