Aldira Sunrise 8 January 2025

• Automotive: LCGC car business will be more challenging in 2025The Low-Cost Green Car (LCGC) car business will be more challenging in 2025 in line with theimposition of a 12% Value Added Tax (VAT) rate targeting LCGC starting early this year. Onthe other hand, LCGC does not enjoy fiscal incentives like those obtained by battery-basedelectric […]
