Govt mulls foreign investor rule shift to boost MSMEs


THE government is mulling the possibility of enhancing localisation requirements for foreign investors for the benefit of micro, small and medium enterprises (MSMEs).

Deputy Investment, Trade and Industry Minister Liew Chin Tong said this is part of efforts to create a resilient ecosystem that allows local companies to reap spillover benefits and develop into technology-based multinational corporations (MNCs).

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