Amcham says new labour policy may cause investment flight

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Amcham says new labour policy may cause investment flight
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New US investment could be driven away to neighbouring countries, says business chamber. FMTNews Amcham ForeignWorker

A new labour policy from Nov 1 gives preference to Malaysians over the employment of foreign workers and expatriate staff.

“This is a position for Malaysia to lose,” it said, with countries such as Indonesia, Vietnam and Singapore reaping the benefit by welcoming US investments with open arms.

 

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