Domestic Trade Ministry cutting red tape to woo foreign investors

KUALA LUMPUR: The Domestic Trade and Cost of Living Ministry will cut red tape in the application process of local and international companies to conduct business activities in the country.

Its minister Datuk Seri Salahuddin Ayub (pic) said the government was focused on revitalising the investment environment in the country by shortening the bureaucratic protocol in the process of application approval for the business community.