Please be informed that Cradle office will be closed from throughout CMCO in line with the Conditional Movement Control Order (CMCO) announced by Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob recently.

Latest News

Cover Story: Budget 2020: Summary


• Setting up of a “Special Channel” under InvestKL to attract investments from China

• A new incentive framework to promote investments to be ready by Jan 1, 2021

• RM1 billion worth of customised incentives annually for targeted Fortune 500 companies and global unicorns in the digital sector that invest at least RM5 billion each and create 150,000 high-quality jobs over the next five years

• RM1 billion in customised incentives annually over five years for Malaysian businesses that export goods and services globally

• Income tax exemption of up to 10 years for electrical and electronics (E&E) companies that invest in selected knowledge-based services

• A special investment tax allowance for E&E companies that have exhausted their reinvestment allowance to further reinvest in Malaysia


• Lowering the high-rise property price threshold in urban areas for foreign ownership from RM1 million to RM600,000

• Introducing Rent To Own financing scheme for purchasers of first homes priced up to RM500,000

• Extending the Youth Housing Scheme administered by Bank Simpanan Nasional from Jan 1, 2020, to Dec 31, 2021

• Revising the base year for the Real Property Gains Tax imposed on disposals of properties after five years for assets acquired before Jan 1, 2013, to Jan 1, 2013, from Jan 1, 2000

Source From The Edge Markets


Dear Valued Entrepreneurs, Partners & Start-ups, The Malaysian Government has announced a Movement Control Order (MCO) from the 13th January – 26th January 2021 in 6 states including Kuala Lumpur by the Prime Minister, Tan Sri Muhyiddin Yassin on the 11th January 2021.

Please note that Cradle has never appointed any agent or representative to act on our behalf. If you have been approached by any party, who claims to be the representative or agent appointed by Cradle, who claims to be able to facilitate or guarantee in securing grants/funds from Cradle, whether in return for a fee/favour or otherwise OR if you have doubts about the authenticity and credibility of such party, please contact the Management immediately.