Tech industry raises concern as govt has not yet settled cabotage issue | SoyaCincau.com

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The government has not settled the cabotage issue which affects Malaysia's internet and MyDigital initiatives. MyIX said 5 out of 6 ministries are in favour of reinstating the cabotage exemption.

Malaysia Internet Exchange and the National Tech Association of Malaysia has issued a statement to express deep concern over the cabotage issue for submarine cable repair which has yet to be resolved. As shared by Minister of Science, Technology and Innovation, Khairy Jamaluddin back in, several ministries are to report back their recommendation within two weeks to deliberate on the impact that the cabotage policy exemption would have on digital investments and the shipping industry.

“Some members are starting to believe that the issue would be ‘buried’. This situation does not bode well for Malaysia’s efforts to attract and retain foreign direct investments .” PIKOM Chairman Danny Lee has also urged the government to reinstate the cabotage exemption for foreign vessels which was. He said it not only affects telecommunications and tech industries but also all sectors that rely on internet stability and strong infrastructure.

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Malaysia Malaysia Latest News, Malaysia Malaysia Headlines