KUALA LUMPUR, Oct 14 (Bernama) -- The government aims to draft new legislation or amend related laws to address rent-seeking, or “Alibaba” practices, and will aim to table the bill in Parliament in 2027, said Economy Minister Akmal Nasrullah Mohd Nasir.
Business : Govt Aims To Table Anti-Rent-Seeking Bill By 2027
Rent-seeking, Alibaba, Parliament, Akmal Nasrulla
BE Bernama 
Key takeaways
The Malaysian government plans to table an anti-rent-seeking bill by 2027 to criminalize 'Alibaba' practices and license sales.
- The government is drafting legislation to define 'Alibaba' practices as criminal offenses.
- Studies are assessing input from industry players and enforcement agencies.
- The bill aims to close rent-seeking channels and reduce corruption among officials.
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