‘Regulatory reforms vital’

Moving forward: Ismail Sabri during the opening of the conference said Malaysia’s drop to 47th place in the World Competitiveness Yearbook is a strong call for regulatory reforms. — Bernama

PUTRAJAYA: Regulatory reforms, including embracing the evidence-based policy approach, must be encouraged to further spur prosperity and the people’s well-being, says the Prime Minister.

Datuk Seri Ismail Sabri Yaakob said policies and regulations that were of quality would facilitate businesses, enhance transparency and minimise the burden of costs and resources.