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.
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