PETALING JAYA, July 8 (Bernama) — Malaysia Productivity Corporation (MPC) has expanded the scope of #MyMudah initiative to collect and address regulatory concerns from start-up companies. The facilitation supports the government’s aspiration to create at least 5,000 start-ups by 2025 and increased market entry for new businesses as stipulated in Malaysia Digital Economy Blueprint (MyDigital). Start-up companies are strongly urged to register regulatory challenges impeding their business growth at http://mymudah.mpc.gov.my/. Addressing the legislative issues relevant to start-ups is expected to ease their business operation in ensuring that innovation does happen within a supporting business environment.
#MyMudah has so far collected more than 450 issues from various sectors via the Unified Public Consultation (UPC) portal. Regulatory concerns for the service sector recorded the highest number of issues registered at 62%, followed by the construction industry at 23.6%. Issues registered from the agriculture industry are currently at 8.2%, whereas from the manufacturing and mining & quarrying sectors are at 5.1% and 1.1% respectively.