Malaysia an agile investment hub, even in health crisis

The government has also established a One-Stop-Centre (OSC) at Mida effective Oct 2,2020 to evaluate and approve applications by eligible business travellers to enter Malaysia for trade and investment purposes. The initiative led by Miti is managed by Mida with representatives from the Immigration Department, Health Ministry (MoH) to ensure the legitimacy and health status of business travellers prior to their entry into Malaysia.

THE Covid-19 pandemic has brought with its devastating economic repercussions, possibly the harshest that we have seen in recent history. This has necessitated us to strike a delicate balance between safeguarding the health of our people while protecting their economic interests.

The World Trade Organisation (WTO) has predicted that the global economy over the next two years will remain highly uncertain, similar to the predictions from the World Bank, International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD).