MyEG may see competition in online renewal of foreign workers' permits

PETALING JAYA: My EG Services Bhd (MyEG), whose shares have jumped more than 30% year to date, may see competition in the business of online renewal of foreign workers’ permits.

Deputy Home Minister Datuk Dr Wan Junaidi Tuanku Jaafar said on Wednesday the Government was looking for an alternative to MyEG in that area.

The move was to prevent the monopoly by MyEG of online renewal of permits for foreign workers.

“The Government is looking at another alternative to MyEG under the Malaysian Administrative Modernisation and Management Planning Unit (Mampu) but it is not implemented yet.

“There is nothing wrong with MyEG, it is just not to have a monopoly,” he told reporters at Parliament House.

On Jan 5, the Immigration Department announced that its counters would be closed for renewal of foreign workers’ permits (PLKS) and that renewals could only be done online through MyEG.

This was followed by a storm of protests over the fee of RM38 imposed by MyEG per foreign worker on top of the RM125 processing fee to the Home Ministry, with some saying it contravened the Competition Act 2010.

That led to the department to reopen its counters, but complaints continued to be heard about MyEG’s system, which some employers perceived as inefficient.

MyEG closed down 11 sen to RM2.77 on Wednesday.