Trading Of Healthcare Products Companies in Malaysia

Healthcare products companies in Malaysia are subject to the same laws and regulations as other businesses in the country. These companies must comply with the requirements of the Companies Act 1965, the Securities Commission Act 1993, and the Exchange Control Act 1953. In addition, they must obtain a license from the Ministry of Health in order to operate.

Malaysia is a member of the World Trade Organization (WTO) and is signatory to the General Agreement on Tariffs and Trade (GATT). As such, it is committed to the principles of free trade and the liberalization of its healthcare products market. In recent years, the Malaysian government has taken steps to further open up the healthcare products sector to foreign investment.

Healthcare products companies in Malaysia are able to trade freely with companies in other WTO member countries. They are also able to establish manufacturing and marketing operations in Malaysia. However, they must comply with the requirements of the relevant authorities, including the Ministry of Health.