1.   It said that Lamont had responded to many of its suggestions such as improved investment allowances and export credit arrangements.

2.   Huan stated that the increase was mainly attributed to higher investment allowance resulting from high capital investment during the year.

3.   She added that projects for the manufacture of clocks and watches are considered for tax incentives in the form of pioneer status or investment tax allowance.

4.   To encourage foreign investors to expand their domestic operations, the Government provides them with tax incentives in the form of investment allowances for the industrial and agriculture sectors.