: The local vape industry, which boast a RM4.13 billion market value, is bracing for impact as strict new smoking controls come into force on October 1.
Key concerns include restrictions on vape liquid volume, limiting bottles to 15ml and disposable devices to 3ml, a significant reduction from current standards. He also called on the government to provide equal display space for vape products alongside traditional tobacco items behind the counter. The Garden Vape operations manager, Joshua Eric John, predicts a potential 40% revenue drop due to the switch to 15ml bottles, as they will need to clear most of their inventory by either rebottling stock or selling at steep discounts.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: staronline - 🏆 4. / 75 Read more »