Locals prefer the easy way out due to cost factors


Foreign atmosphere: A file photo of businesses run by foreigners in Jalan Silang, Kuala Lumpur. The area was raided by authorities recently.

PETALING JAYA: The high cost of doing business and less attractive salary packages for locals are among the reasons Malaysian traders turn to the “Ali Baba” way by sub-letting their businesses to foreigners, say business chambers.

Malay Economic Action Council’s (MTEM) Ahmad Yazid Othman said the Ali Baba culture that initially involved rent-seeking only among local communities for projects had evolved to a plague benefitting foreigners.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ali Baba , rent-seeking , foreigners , business

Next In Nation

Nepal floods: Next of kin of missing Malaysians told to prepare for DNA test
Billions in misappropriated funds to be returned to the people, says PM
RM200mil Geran Sejahtera Madani to assist hawkers, small traders, mums running businesses from home, says PM Anwar
Melaka polls: Formal talks on political cooperation only after assembly dissolves, says Zahid
PM Anwar: Govt to increase e-Invoice exemption threshold from RM1mil to RM3mil
Anwar: Budi95 and Budi Diesel quota increased by 100 litres starting Sept 1
Targeted cloud seeding for areas with API above 150, falling dam levels
Celebrating National Day, Sabah Day together can unify Malaysians, says Hajiji
13 arrested after armed brawl outside Air Itam school
Two relief centres opened to shelter Kg Lok Buta fire victims

Others Also Read