27 March 2025, Kuala Lumpur – The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has welcomed the recent passage of the Iltizam Bill 2025 in Dewan Negara, marking a significant step forward in improving public service efficiency, transparency, and accountability. This landmark legislation promises to foster a more business-friendly environment in Malaysia.
ACCCIM President Datuk Ng Yih Pyng highlighted key aspects of the Bill that will enhance Malaysia’s economic competitiveness and provide tangible benefits to the private sector:
- Improved Public Service Delivery & Reduced Bureaucracy: By streamlining administrative processes and eliminating outdated regulations, the Bill will reduce red tape, lower compliance costs, and accelerate business approvals, aligning with ACCCIM’s long-standing advocacy for a more efficient government-private sector partnership.
- Digitalisation & Automation for Efficiency: The Bill’s focus on digital transformation in government services—such as online licensing, permit renewals, and real-time tracking—will significantly enhance transparency, reduce delays, and improve Malaysia’s ease of doing business rankings.
- Regular Regulatory Review to Stay Competitive: The mandatory review of regulations every three years ensures that Malaysia’s policies remain agile and relevant, especially in emerging sectors such as the digital economy, e-commerce, and green initiatives.
- Transparent Performance Metrics & Accountability: The introduction of a performance rating system for government agencies will instill greater accountability. Publicly accessible performance reports will boost investor confidence and ensure government services meet clear service standards.
- Stronger Public-Private Collaboration: Provisions for ongoing consultations between government and industry stakeholders will ensure that policy implementation remains practical, responsive to business needs, and conducive to growth.
President Datuk Ng Yih Pyng commented, “The Iltizam Bill 2025 represents a crucial reform that will significantly improve public sector efficiency and governance. This will not only enhance Malaysia’s business cost competitiveness but also support the growth of both Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI). The success of the Bill will depend on effective implementation, tracking, and regular reviews. We look forward to working closely with government agencies to ensure seamless execution.”
ACCCIM remains committed to collaborating with the government to realise the full potential of the Iltizam Bill, supporting the development of a productive, innovation-driven economy for all Malaysians.
