KUALA LUMPUR: The Domestic Trade and Cost of Living Ministry will cut red tape in the application process of local and international companies to conduct business activities in the country.
said the government was focused on revitalising the investment environment in the country by shortening the bureaucratic protocol in the process of application approval for the business community.
He said the administration of the Unity Government as well as political stability that is felt now can also be a catalyst for foreign companies to open businesses in this country. According to him, the cumulative amount of paid-up capital brought into Malaysia by foreign companies in 2021 was RM8.952bil.
Meanwhile, regarding the ceiling price of chicken and eggs, Salahuddin said it will not continue once supply recovers in the market.
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