KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysia Productivity Corporation (MPC) will strengthen the implementation of Good Regulatory Practice (GRP) to help the country achieve its target of breaking into the top 12 nations in the International Institute for Management Development (IMD) World Competitiveness Ranking.
General : MPC To Strengthen Regulatory Reforms To Boost National Competitiveness
MPC, regulatory reforms, business confidence, comp
BE Bernama 
Key points
- MPC director-general Dr Mohamad Norjayadi Tamam said quality regulations were essential to boosting business and investor confidence, accelerating investment realisation and stimulating the growth of micro, small and medium enterprises (MSMEs).
- He said Malaysia’s rise to 15th place in the IMD World Competitiveness Ranking 2026 showed that reforms were beginning to yield results, but sustained efforts were needed to achieve the target.
- MPC welcomed the allocation of nearly RM25 million to the Special Task Force for Agency Reform (STAR) under Budget 2027 to expedite government dealings with the public and business sector, as well as the implementation of the Government Service Efficiency Commitment Act to improve public service delivery.
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