KUALA LUMPUR (Sept 15): The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has expressed its concerns over the issues pertaining to the shortages of workers and the Malaysia My Second Home (MM2H) programme. ACCCIM said it met with Home Minister Datuk Seri Hamzah Zainudin, Human Resources Minister Datuk Seri Saravanan Murugan and Transport Minister Datuk Seri Dr Wee Ka Siong today to discuss the two issues. On the issue of MM2H, the ACCCIM said it has raised some reservations on the need to fine-tune the new requirements to make MM2H more competitive relative to Malaysia's regional peers. To recap, Hamzah on Tuesday said the government's intention to improve the conditions for participation in the MM2H programme was to ensure quality candidates and their ability to contribute to the country's economy. Introduced in 2002, the MM2H programme allows foreigners to purchase property and reside in Malaysia on a long-term basis.

Source: The Edge Markets September 15, 2021 08:31 UTC