Does not seem very important to do so. Maybe that is why. Sounds positive but in effect not that material. By removing the Exit tax now, the government is building the foundation for a level playing field, and when foreign funds are to return to this part of Asia in a bigger way, our country will be included as one of the destination. So we can only see the beneficial effect of this new policy in the longer period, be patient, start picking up cheap and good quality stocks, this is the golden opportunity to buy undervalued shares, the market will definitely reward those which venture in now.
Stock market is just like everything in the nature, moving up and down.
What we have done is gradual relaxation of exit tax. If the intention is to boost the KLSE performance, the measures intended have to be drastic and please include a surprise element. All Rights Reserved. Powered by Zope, Squishdot, Linux, Apache and other Open Source Software.