To Foster Companies in Malaysia

The Malaysian government has been actively promoting the development of local businesses and entrepreneurs. One of the initiatives under this drive is the setting up of the Malaysian Investment Development Authority (MIDA), which provides assistance and incentives to companies that are looking to invest in Malaysia.

MIDA offers a range of services and incentives to encourage companies to set up operations in Malaysia, including tax exemptions, loans, and grants. In addition, the Malaysian government has also been providing training and support to help local entrepreneurs develop their businesses.

The government’s efforts have been paying off, with the number of local startups and businesses growing steadily in recent years. This has not only helped to create jobs and boost the economy, but has also resulted in the development of innovative products and services that are benefiting the Malaysian people.