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PETALING JAYA, April 7 (Bernama) -- Malaysia Productivity Corporation (MPC) and Futurise Sdn. Bhd. agreed to cooperate in facilitating businesses experiencing challenges in the wake of digitalisation in the country. The cooperation of both parties will enhance the implementation of regulations to cater for the current and future businesses to grow despite disruption that came along with the emerging of new technology. The fast development of new technology required Malaysia to be updated with necessary regulations that meet the demand of businesses, said Dato’ Abdul Latif Haji Abu Seman, Director General of MPC.
“Both parties will exchange news and information to facilitate the implementation of agile regulation in the country. The establishment of this reciprocal working cooperation enable MPC and Futurise Sdn. Bhd to foster close and cordial relationship to work on regulatory improvements and reforms. Both the agencies will formulate a code for cooperation in accordance to agencies’ jurisdictions on regulatory works and functions through agile regulation approach. Both agencies will also coordinate and establish cooperation plans and actions in the areas of governance, work processes, reporting and data exchange.