I know UTM, UPM and UM's MBAs are quite well respected in Malaysia. I don't think MBAs from shit overseas unis like Uni of Southern Queensland or Newcastle Uni of Australia are any better to be honest. I have met their graduates and the quality was appalling. As long as it accomplishes your career goals, local MBAs are good enough, unless you are able to to go to top MBAs like Harvard, Wharton, Insead, LBS and the like.