The government is helping Malaysian SMEs to understand and comply with international labour laws so that they do not face issues exporting products and services overseas.
In a webinar session organised by the International Trade and Industry Ministry (Miti), the discussion highlighted the importance of compliance with international labour laws to ensure the ease of market access for Malaysian exporters.
Kicking off the “Forced Labour: The UK, US and Australian Perspective” webinar, Miti deputy secretary-general for industrial development Datuk Norazman Ayob shared that labour and workers rights issues have impacted a Malaysian company within the country and the international markets particular in the US and Europe.
There are three reasons, he said, why companies would want to pay attention to having good labour practices including market access to international markets, cost of expansion as investors are placing importance on compliance on Environment, Social and Corporate Governance (ESG) and SME continued integration in to the regional and global supply chain as customers are informed and demanding on labour compliance.
The original full article can be found at thestar.com.my