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Malaysia moves to tighten rules for expats, raising fears of talent flight

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Malaysia moves to tighten rules for expats, raising fears of talent flight Malaysia’s government plans to slash the number of foreign workers to encourage local hiring and raise incomes. Kuala Lumpur, Malaysia – Until recently, Sanjeet, a business consultant from India, thought of Malaysia as home. After living and working in the Southeast Asian nation for more than a decade, he had gotten comfort...
This move by Malaysia's government to tighten rules for expats raises concerns about a potential talent flight, particularly among highly-skilled workers who have been living and working in the country for years. While the government argues that these changes are necessary to reduce reliance on foreign labor and boost local wages, some worry that the new requirements will drive up expenses for companies and make it harder for them to recruit overseas talent. The government's plan to limit the le...