Malaysia's Minister of Economic Affairs stated that the economy must continue to shift from low-cost, labor-intensive activities to an innovation-driven model. Approval processes for high-impact businesses will be streamlined through regulatory revie

2026-07-28

Malaysia's Minister of Economic Affairs stated that the economy must continue to shift from low-cost, labor-intensive activities to an innovation-driven model. Approval processes for high-impact businesses will be streamlined through regulatory reviews.