Faster hiring of foreign talent a boon for E&E sector

MSIA president Wong said cutting the hiring time from six months to 20 days was an eight-fold improvement over the existing process.

PETALING JAYA: The move to expedite the hiring process of foreign talent is set to benefit the electrical and electronics industry, says the Malaysia Semiconductor Industry Association (MSIA).

On Wednesday, Economy Minister Rafizi Ramli said the process for companies seeking to hire professional expatriates will be shortened from about three to six months to about 20 days.

Rafizi, who is also the co-chair of the Special Task Force to Facilitate Business (Pemudah), said this would be made possible through a “single window approach” that will be implemented from June 15.

MSIA president Datuk Seri Wong Siew Hai, who is also the co-chair for Pemudah’s technical working group on human capital, said cutting the hiring time from six months to 20 days was an eight-fold improvement over the existing process.

“The entire process of streamlining and shortening the process is testament to Pemudah’s ability to problem-solving.

“The collaboration and co-operation by all stakeholders including the various ministries, government agencies and the private sector shows how much we can achieve, if we put our minds to it,” he said in a statement.

Wong added that businesses in Malaysia could take comfort that the government will do all it can to further improve the business environment in Malaysia. “This will only enhance Malaysia’s competitiveness,” he said.

According to Rafizi, under the new system, visa application and approval will be shortened to five days from 30 days.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

BOJ keeps ultra-loose policy, dovish guidance on outlook
Bank Negara international reserves amount to US$111.5bil as at Sept 15, 2023
Oil prices rise as supply concerns outweigh demand fears
Experts: China prudent about rate cuts
Stocks slide as higher-for-longer sinks in; yen drops on BOJ
Foreign affiliates contribute RM274.3bil value added to economy
SC working to facilitate company listings on Bursa Malaysia
Malaysia's inflation rate unchanged at 2% in August 2023
Proton X90 debuts in Mauritius, South Africa and Brunei
FBM KLCI slightly negative after paring earlier losses

Others Also Read