Cabotage exemption removal doesn't block business for tech giants, says body

November 24, 2020 7:41 AM

It mainly means helping and enabling Malaysian companies to bring the cableship and technology back home to assist and boost the local industry as well as to stop unnecessary outflow of foreign exchange, said Malaysia Shipowners Association chairman Abdul Hak Md Amin. “Foreign cableships can still work in Malaysian waters but need to comply with the domestic shipping licence exemption processes,” he told Bernama.

The transport ministry has confirmed that it received memoranda from tech giants Microsoft, Google and Facebook and the Malaysia Internet Exchange claiming Wee’s decision would hamper Malaysia’s internet infrastructure, and they had turned to Prime Minister Tan Sri Muhyiddin Yassin to intervene. He said claims by certain parties that a severed cable could shut down the whole country’s data system are not substantiated as during a previous cable outage, Malaysia did not experience data shutdown.

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