Loke said the ministry intended to provide such clarity as well as certainty on policies to help them make more investment decisions in Malaysia.
Loke said these businesses, as well as investors, require policy clarity and the ministry intended to provide such clarity as well as certainty on policies to help them make more investment decisions in Malaysia.
He said submarine cable repair is a subsector issue within cabotage policy and is highly particular, thus, it does not need to be handled at the industry level. He said although the issue of undersea cable repair does not affect the maritime business as a whole, it is vital to the IT industry.Previously, it was reported that the Ministry of Transport is working to reinstate exemptions granted to non-Malaysian vessels conducting undersea cable repairs in 2019.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Unity is key to living peacefully in multi-ethnic country, Anthony Loke says in Wesak eventKUALA LUMPUR, May 4 — Transport Minister Anthony Loke has today highlighted how unity is the key for Malaysians to live peacefully with each other. Speaking ahead of the Wesak...
Read more »
Anthony Loke: Transport Ministry to provide clarity to tech giants on cabotage policyKUALA LUMPUR, May 5 ― Minister of Transport Anthony Loke Siew Fook is scheduled to meet with representatives from multinational technology companies such as Facebook and...
Read more »
Loke: MOT to provide clarity to tech giants on cabotage policyKUALA LUMPUR: Minister of Transport Anthony Loke Siew Fook is scheduled to meet with representatives from multinational technology companies such as F...
Read more »
Loke to meet Facebook, Google over cabotage policyTransport minister Loke Siew Fook says the discussions will include allowing foreign vessels to repair undersea cables in Malaysian waters.
Read more »
NSPC to ensure local maritime industry remains competitive, says LokeKUALA LUMPUR: The reactivated National Shipping and Port Council (NSPC) will ensure that the local maritime industry remains competitive, said the Transport Minister.
Read more »