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SC unveils conditions for family office incentive scheme to boost investment

The Star LogoThe Star5d ago

SC unveils conditions for family office incentive scheme to boost investment - The Star

Quick Summary:

KUALA LUMPUR: The Securities Commission Malaysia (SC) today unveiled the framework for a new Family Office incentive scheme designed to enhance Malaysia's investment landscape.

"This also encompasses the creation of skilled employment and increased demand for ancillary services,” he added.

"The estimated economic multiplier of this initiative, including local substance requirements, is projected to range from RM3.9 billion to RM10.7 billion.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 16:44:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22651729

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 4 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "SC unveils conditions for family office incentive scheme to boost investment" has 292 words across 14 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "SC unveils conditions for family office incentive scheme to boost investment" was covered 5 days ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 4 news stories per day.

It's most recent story was published 3 hours ago.

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  • News ID: #22651729
  • URL: https://beamstart.com/news/sc-unveils-conditions-for-family-17270831409012

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