Finance Ministry urged to allocate vape tax revenue to health initiatives

  • 📰 staronline
  • ⏱ Reading Time:
  • 20 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 75%

Nicotine News

E-Cigarettes,Finance Ministry,Health Ministry

Hana Fedora Abdul Aziz shares her passion for creating quality leather accessories. Her business revolves around sustainability – and a pride for being part of the local fashion scene in Malaysia.

PETALING JAYA: The Finance Ministry must allocate half of the revenue collected from taxes on nicotine and non-nicotine vape liquids to the Health Ministry to support public health initiatives aimed at combating the rising use of e-cigarettes among youth, says Southeast Asia Tobacco Control Alliance , based in Bangkok.

The Act aims to ban the sale and purchase of tobacco products, smoking materials and tobacco substitutes, including vape products, to minors. While this figure is modest compared to an industry valued at RM3.5bil, allocating at least RM70mil from this tax revenue to the Health Ministry could fund effective interventions to prevent and control the use of recreational nicotine products.

 

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:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines

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

QuickCheck: Is the Finance Ministry seeking public input for Budget 2025?As for where she will go next, Jolie may be on the other side of the globe ... possibly Cambodia.
Source: staronline - 🏆 4. / 75 Read more »

Budget 2025: KPK proposing initiatives to strengthen oil palm industryPUTRAJAYA: The Ministry of Plantation and Commodities (KPK) has submitted two proposals to the Ministry of Finance to be considered for inclusion in B...
Source: theSundaily - 🏆 25. / 51 Read more »

Close all loopholes in vape business, ministry urged(Reuters) - Premier League champions Manchester City will travel to Tottenham Hotspur for what promises to be a tantalising fourth-round League Cup clash, while holders and 10-times champions Liverpool visit Brighton.
Source: staronline - 🏆 4. / 75 Read more »

Communications Ministry committed to supporting growth of audio media industryKUALA LUMPUR: The Ministry of Communications remains committed to supporting the growth and development of the audio media industry, including radio. ...
Source: theSundaily - 🏆 25. / 51 Read more »