Malaysia's maritime industry is raising questions about how petroleum blending activities to produce Very Low Sulfur Fuel Oil (VLSFO) are handled under Customs regulations. They are seeking clarification from authorities on the applicable rules.
Industry players are asking authorities to clarify regulations regarding the storage, transfer, and blending of VLSFO fuel at facilities under Customs control. The ambiguity of these rules is causing uncertainty in industry operations.
Malaysia aims to increase its medical device exports beyond RM50 billion by 2030, up from the current RM34 billion. Deputy Prime Minister Ahmad Zahid Hamidi highlighted this target, emphasizing the country's potential in the medical device industry.
Malaysian consumers are benefiting from low prices on Chinese e-commerce platform Pinduoduo, but local sellers are complaining about unfair competition and market disruption. The article examines the trade-offs of the platform's bargain deals.