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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Masa: Cabotage exemption removal doesn't block business for tech giantsApparently there is conflict of interest and some people tried to monopoly using the name of the country. But you are the slowest and most expensive to repair the cable.
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Cabotage exemption removal doesn’t block business for tech giants, says Malaysia Shipowners Association | Malay MailKUALA LUMPUR, Nov 23 — The decision to revoke the cabotage exemption for foreign flagged ships repairing undersea cables does not prevent the employment of foreign vessels. It mainly means helping and enabling Malaysian companies to bring the cableships and technology back home to assist and...
Källa: malaymail - 🏆 1. / 86 Läs mer »