GEG Law: A Death Sentence For Bumiputera Businesses?

  • 📰 therakyatpost
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 59%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Experts are concerned that the government’s plan to introduce the GEG policy may spell certain doom for many.

Vaping is a booming industry in Malaysia valued at RM3.48 billion with millions of users and businesses involved in producing, distributing, and retailing a variety of devices and e-liquids.

Bad for business Malaysian Vape Chamber of Commerce Secretary General Ridhwan Rosli explained that banning vape products would be detrimental to the economy. This, in turn, will create a market with unregulated products where the quality and safety of products are not guaranteed. And it will also undermine the efforts of responsible and compliant businesses within the vaping industry.

Our recommendations to the government have always been for the introduction of a sensible regulatory framework that meets the needs of adult consumers, protects them with safety standards in place and prevents underage from accessing the products. “It is clear from previous experiences in Malaysia that using prohibitive measures such as the GEG to counter an addiction will not work,” he said while advocating for the acceptance of vaping as a way to effectively counter Malaysia’s smoking epidemic and break the cycle of addiction.

Source: Law Daily Report (lawdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GEG law set to target point of saleAmos Yee is out on parole, barely halfway into his six-year jail term in the United States for grooming a teenage girl and possessing child pornography.
Source: staronline - 🏆 4. / 75 Read more »

GEG Bill should be held back, say retailersBANGKOK (The Nation/Asia News Network): Chiang Mai police on Thursday (Oct 5) arrested a Norwegian, 58, for allegedly slashing the throat of his Thai gay lover, 39, at their house in Muang district of
Source: staronline - 🏆 4. / 75 Read more »

Egyptian court denies sentence appeal by prominent dissidentThe decision follows the rejection of a European Parliament resolution urging Hisham Kassem’s release.
Source: fmtoday - 🏆 5. / 72 Read more »

Consequences of law-breaking by illegal Immigrants and refugeesTHE consequences for illegal immigrants and refugees who violate societal norms and laws can vary depending on the specific situation and context. Tra...
Source: theSundaily - 🏆 25. / 51 Read more »

Law firm confirms MACC visit over 1MDB case, but says no client documents takenKUALA LUMPUR, Oct 7 — Rosli Dahlan Saravana Partnership has confirmed that Malaysian Anti-Corruption Commission (MACC) visited the law firm yesterday and demanded documents...
Source: malaymail - 🏆 1. / 86 Read more »