GEG Law: A Death Sentence For Bumiputera Businesses?

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GEG Law: A Death Sentence For Bumiputera Businesses?
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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.

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