KUALA LUMPUR -- Malaysia's government has proposed tax incentives to attract multinationals and tech unicorns to the country, with a "special channel" for high-value Chinese investments, as Southeast Asia's third-largest economy seeks to profit from the U.S.-China trade war.
While presenting the government's $57.6 billion budget for 2020, Finance Minister Lim Guan Eng said annual investment promotion packages worth $239 million will be introduced for a period of five years.
