Hannah Yeoh: 8,000 KL businesses renew licences in two months under streamlined system
PETALING JAYA, Oct 3 — A total of 8,000 businesses in Kuala Lumpur renewed their business licences within two mont...
In just two months, Kuala Lumpur saw an impressive 8,000 businesses renew their business licenses under a streamlined system introduced in July. Federal Territories Minister Hannah Yeoh revealed that 704 of these enterprises chose a two-year renewal with a 5% discount, while 1,802 opted for a three-year renewal with a 10% discount.
The initiative, which allows businesses to renew licenses for up to three years, aims to reduce the time spent on repetitive administrative tasks, allowing business owners to focus on their operations. Hannah Yeoh emphasized that this small change can significantly impact businesses, as every additional process takes away valuable time.
KLSCCCI President Datuk Ng Yih Pyng welcomed the initiative, highlighting that it not only reduces administrative work but also provides businesses with greater certainty for long-term planning.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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