logo
#

Latest news with #PenangIndianChamberofCommerceandIndustry

Only Local Indian Traders Allowed To Trade At Carnivals During The Deepavali Season
Only Local Indian Traders Allowed To Trade At Carnivals During The Deepavali Season

Barnama

time21-07-2025

  • Business
  • Barnama

Only Local Indian Traders Allowed To Trade At Carnivals During The Deepavali Season

GEORGE TOWN, July 21 (Bernama) -- The Penang government has set specific guidelines ensuring that only Indian traders from the state are permitted to participate in sales carnivals held during the Deepavali festive season. Chief Minister Chow Kon Yeow said the move aims to safeguard the interests of local traders. He said the policy, introduced five years ago, followed numerous complaints from local Indian business owners and the Penang Indian Chamber of Commerce and Industry (PICCI), expressing concerns over the influx of foreign traders, including those from abroad, who offer products at cheaper prices. "The main reason is that local traders live and operate here throughout the year. They bear ongoing costs such as rent, taxes and salaries to their employees, but the business is not always profitable every month. Many of them rely on festive seasons, like Deepavali, to earn a better income. "So during peak seasons such as Deepavali, only local traders are allowed to apply to operate at sales carnivals, fiestas or similar events because we want to protect their interests," he said during a press conference on the Penang 2030 short video series at Komtar here today. Chow said this in response to a newspaper report regarding the Seberang Perai City Council (MBSP) enforcement action in issuing summonses to traders at an Indian community business carnival in Bukit Mertajam, near here. A video on the incident went viral on social media. Chow clarified, however, that foreign traders are still allowed to conduct business or organise carnivals outside the peak Deepavali festive season. He also acknowledged that there have been attempts to bypass the policy by applying for permits under the names of local individuals, while the actual business operations are carried out by foreign traders. 'This is a common tactic—permits are applied for using the names of locals, but in reality, it's foreigners who run the stalls and supply the goods. This practice puts undue pressure on our local traders,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store