Tag: small and medium enterprises malaysia

Malaysia tightens foreign investor vetting to protect local jobs and businesses

Malaysia tightens foreign investor vetting to protect local jobs and businesses

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Malaysia is taking a firmer approach to foreign investment, with the government moving to strengthen the vetting process for new foreign investors and ensure that businesses operating in the country deliver meaningful benefits to the local economy. Prime Minister Datuk Seri Anwar Ibrahim said the government wants to make sure foreign companies do more than […]

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Tourism Body Pushes Back on Visa-Free Policy Criticism, Calls for Firm Action Against Illegal Work

Tourism Body Pushes Back on Visa-Free Policy Criticism, Calls for Firm Action Against Illegal Work

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The Malaysian Inbound Tourism Association Mita has firmly rejected claims that Malaysia’s visa-free policy is creating unfair competition for local small and medium enterprises, saying the real issue lies in enforcement against a small number of offenders misusing tourist visas. Backing the Government’s position, Mita stressed that foreigners working illegally on tourist visas is not […]

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