PCCC president Datuk Seri Hong Yeam Wah said while there might be a temptation to increase taxes as a way of reducing the national debt, the Government should instead exempt taxes for those earning less than RM100,000 a year.
“We are hopeful that Budget 2021 to be tabled in November will bring good news to this effect and help the market and the people to attract foreign investments and create a pro-business environment, ” he said. PCCC is calling for an extension of the automatic deferment of personal and business loans or financing repayments until Dec 31, rather than resuming the repayments when the moratorium ends on Sept 30.PCCC wants infrastructure projects including the expansion of Penang International Airport to be accelerated to help the construction sector. —Filepic