MICCI Courtesy Call To The Deputy Minister Of Finance - YB Steven Sim

On 2nd February 2023, the Malaysian International Chamber of Commerce and Industry (MICCI) paid a courtesy call to the Deputy Minister of Finance, YB Steven Sim.
The gist of the meeting as below:
- For the Budget 2023, most of the good announcements will likely be kept and some will be reviewed.
- If accepted, our suggestions and recommendations will only likely be in the budget 2024.
- We submitted the issues and recommendations pack successfully.
- We reiterated about the lost revenue due to illicit and smuggled products. We also stated the need to reactivate the MATF.
- As to the digital economy, sufficient time should be given for the industry to prepare their systems to align with Custom’s process.
- We called for buy Malaysia policy.
- MCMTC requested that DDI, in particular SMEs be given more attention such as several of the government grants like the SJPP should be extended in their scope.
- The Deputy Minister requested for specific sectors to submit their issues.
- We also called for more transparency in government procurement process