Rafizi Anti-Ali Baba laws being drafted to curb illegitimate foreign businesses

Rafizi Anti-Ali Baba laws being drafted to curb illegitimate foreign businesses- KUALA LUMPUR (Dec 26): The government is mulling an “anti-Ali Baba” law to curb rent-seeking practices among foreigners, said Economy Minister Rafizi Ramli. He said that the law would regulate property owners found to abuse their business licences, leading to an influx of foreign-owned businesses in the city centre. “The Anti-Ali Baba legislation will allow […]

Source: theborneopost.com

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