On 5 June 2020, our honorable Prime Minister, Tan Sri Muhyiddin Yassin, has launched the National Economic Recovery Plan (“NERP”) worth RM35 billion.  Bearing the theme of “Building the Economy Together”, the NERP aims to aid Malaysia’s economic recovery through empowering the people, propelling businesses and stimulating the economy.

Various measures are proposed under the NERP.  These include incentives which are focused on keeping people employed and promoting employment, incentivising technology adoption and digitalisation, assisting Micro Enterprises and Small and Medium Enterprises, reviving targeted sectors of the economy, attracting foreign investments as well as assisting businesses faced with cash flow issues to sustain their business operations and gradually enhance productivity amidst the COVID-19 pandemic.

We are pleased to provide the highlights of the proposed key measures that are outlined in the booklet published by the Ministry of Finance and announced in the Speech by the Prime Minister for your attention.

KPMG’s NERP Highlights and the relevant reading materials can be accessed via the above links. 

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Contact KPMG

For more information on our core service offerings, please contact:

Petaling Jaya Office

Tai Lai Kok
Executive Director –
Head of Tax and Head of Corporate Tax
+ 603 7721 7020

Long Yen Ping
Executive Director –
Head of Global Mobility Services yenpinglong@kpmg.com.my
+ 603 7721 7018

Bob Kee
Executive Director –
Head of Transfer Pricing
+ 603 7721 7029

Ng Sue Lynn
Executive Director –
Head of Indirect Tax
+ 603 7721 7271

Soh Lian Seng
Executive Director –
Head of Tax Risk Management
+ 603 7721 7019

Nicholas Crist
Executive Director –
Corporate Tax
+ 603 7721 7022

Dato’ Leanne Koh
Executive Director – 
Corporate Tax
+ 603 7721 7026

Neoh Beng Guan
Executive Director – 
Corporate Tax
+ 603 7721 7025

Ong Guan Heng
Executive Director – 
Corporate Tax
+ 603 7721 7027

Chang Mei Seen
Executive Director – 
Transfer Pricing
+ 603 7721 7028

Ivan Goh
Executive Director – 
Transfer Pricing
+ 603 7721 7012




Evelyn Lee
Executive Director –
Penang Tax
+604 238 2288 (ext. 312)

Regina Lau
Executive Director –
Kuching Tax
+6082 268 308 (ext. 2188)

Titus Tseu
Executive Director –
Kota Kinabalu Tax
+6088 363 020 (ext. 2822)

Ng Fie Lih
Executive Director –
Johor Bahru Tax
+607 266 2213 (ext. 2514)

Crystal Chuah Yoke Chin
Tax Manager –
Ipoh Tax
+605 253 1188 (ext. 320)