Minister: Existing regulations too rigid for growing startups

  • Business
  • Wednesday, 10 Jul 2019

Redzuan: These companies needed space to grow, but these regulations are hindering it. — Bernama

KUALA LUMPUR: The existing regulations to support entrepreneur growth is too rigid and time-consuming, causing the country to lose some talents to foreign countries.

Entrepreneur Development Minister Datuk Seri Mohd Redzuan Md Yusof said due to this hindrance, his ministry would be reviewing the existing regulations especially in the funding needed by startups.

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