Latest news with #RoyalMalaysianCustoms
Malay Mail
07-05-2025
- Business
- Malay Mail
Malaysia imposes anti-dumping duties on PET plastic imports from China, Indonesia
KUALA LUMPUR, May 7 — Malaysia has imposed definitive anti-dumping duties on imports of Polyethylene Terephthalate (PET) from China (from 2.29 per cent to 11.74 per cent), and Indonesia (37.44 per cent), effective today. The Investment, Trade and Industry Ministry (Miti) said this came after the conclusion of its months-long investigation into unfair trade practices. The anti-dumping investigation, initiated on August 9, 2024, was conducted under the Countervailing and Anti-Dumping Duties Act 1993 and its associated regulations. The ministry said the investigation concluded that PET from China and Indonesia had been entering the Malaysian market at prices below the domestic selling prices in the respective exporting countries, causing material injury to Malaysia's domestic PET industry. 'These duties will be enforced by the Royal Malaysian Customs Department for a five-year period, starting May 7, 2025 and ending May 6, 2030. 'The imposition of these duties is expected to address the issue of unfair trade practices and provide relief to the domestic PET industry,' said Miti. Interested parties, including local producers, importers, exporters, and trade associations involved in the investigation, may request access to the non-confidential version of the final determination report by submitting a formal written application. The ministry added that the move underscores Malaysia's commitment to protecting its domestic industries from unfair competition and ensuring a level playing field for local manufacturers. — Bernama
Daily Express
05-05-2025
- Daily Express
Customs seizes ‘Hari Raya gift' packages containing drug
Published on: Monday, May 05, 2025 Published on: Mon, May 05, 2025 By: Bernama Text Size: KUCHING: The Royal Malaysian Customs (JKDM) foiled two attempts to smuggle cannabis using courier services in Sri Aman, with the seizure of 2.10 kilograms of the drug, worth more than RM62,000. Sarawak Customs Director Norizan Yahya said the first seizure was made on March 28 at about 10.15 am at a courier service company in Jalan Durian, Sri Aman. 'During the inspection, the narcotic team from the Kuching Customs found four packages suspected of containing cannabis weighing 1.024 grams, estimated to be worth RM30,720,' he said in a statement here today. Norizan said the second seizure was made at about 11.30 am on April 2 at the same premises, during which the team also found four packages of cannabis weighing 1.078 grams with an estimated value of RM32,160. He said the modus operandi used in both cases was similar, where the drugs were smuggled via air services and declared as Hari Raya gifts'. "The packages were also sent to incomplete addresses as a tactic to avoid detection by the authorities," he said. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Barnama
05-05-2025
- Barnama
Customs Seizes "Hari Raya Gift' Packages Containing Drug At Courier Service Company In Sri Aman
KUCHING, May 5 (Bernama) -- The Royal Malaysian Customs (JKDM) foiled two attempts to smuggle cannabis using courier services in Sri Aman, with the seizure of 2.10 kilograms of the drug, worth more than RM62,000. Sarawak Customs Director Norizan Yahya said the first seizure was made on March 28 at about 10.15 am at a courier service company in Jalan Durian, Sri Aman. 'During the inspection, the narcotic team from the Kuching Customs found four packages suspected of containing cannabis weighing 1.024 grams, estimated to be worth RM30,720,' he said in a statement here today.
