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WebNov 17, 2024 · Malaysia’s big four of duty-free islands are Langkawi, Tioman, Labuan and Pangkor- which, ironically, was made a duty-free island only last year in the Budget 2024. WebMalaysia’s excise rate on beer is the second highest in the world, alongside Singapore and behind Norway, despite both countries having much greater purchasing power than Malaysia. ... The best international practise clearly defines higher excise duty for higher alcohol contents based on Alcohol by Volume (ABV), where Beer and Compounded Hard ... dutch east india company coins
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