KUALA LUMPUR – Local businesses are urged by ministry guidelines to shift from low-cost competition to value-driven business models that prioritize stringent environmental compliance, high safety standards, and local innovation. The framework, which emphasizes a strategic shift from “Made in Malaysia” to “Made by Malaysia,” encourages domestic businesses to develop competitive international brands through homegrown product design, strict quality controls, and strong sustainability practices rather than depending only on price undercut tactics.
For more information, click here to read more.
(Source: The Sun Malaysia)
