fbpx

Big Industry players are acknowledging that vaping is not risk-free, but there is growing scientific evidence that it is certainly less harmful than smoking cigarettes. Risk-proportionate regulations and taxation for vaping are being called to encourage smokers to switch to a low-risk alternative. With the Malaysian Government introducing a taxation on nicotine vapes, many in the vaping industry are exhaling a sigh of relief as the grey line lingering over nicotine taxation has loomed for the longest time. 

In relation to that, the public are commending the Malaysian government for moving in the right direction of regulating it instead of an outright ban, as vaping products play a crucial role in reducing the enormous health burden caused by cigarette smoking.

Malaysia towards regulating vape products 

The aftermath of banning vaping will only open doors for the prevalence of the black market, which poses the danger of owning and inhaling substandard products. With nicotine vapes being legal for sale and consumption, the lack of regulation needs to be addressed to prevent consumers from falling prey to black market products, perceiving netizens who are forthrightly switching to vaping as a choice. 

It is in the best interest of the nation to quickly roll out proper regulations to benefit the Malaysian economy as it could lose an estimated RM1 billion tax revenue from vape products alone, being too substantial to remain unregulated. 

Read the full article here

Share

Follow:

More Posts

Subscribe to our Newsletter

Scroll to top
en_USEN

Follow us

Contact Info

WASHINGTON

712 H St NE PMB 94982
Washington, DC 20002

BRUSSELS

Rond Point Schuman 6, Box 5 Brussels, 1040, Belgium

LONDON

Golden Cross House, 8 Duncannon Street
London, WC2N 4JF, UK

KUALA LUMPUR

Block D, Platinum Sentral, Jalan Stesen Sentral 2, Level 3 - 5 Kuala Lumpur, 50470, Malaysia

© COPYRIGHT 2024, CONSUMER CHOICE CENTER