After previous reports that Malaysia will impose excise taxes on e-cigarettes and tobacco products, the Malaysian Electronic Cigarette Chamber of Commerce (MVCC) recently called on its national government to regulate the industry. “Our data shows that the e-cigarette industry is a viable and growing industry in Malaysia. To make a significant contribution to the local economy. MVCC President Syed Azaudin Syed Ahmad said: “It has promoted the growth of local businesses, many of which are local businesses. He added that the industry operates in “a mature ecosystem of manufacturers, importers, and retailers, and a growing distribution and logistics network.”
The latest data from the Malaysian Ministry of Health show that there are 2 million e-cigarette users in Malaysia.
The racial characteristics of e-cigarette users reflect the ethnic composition of the nation. According to the information provided by MVCC, Malays accounted for 70%, Chinese accounted for 25%, Indians and other races accounted for 5%.
94% of e-cigarette users also have a history of smoking. The MVCC also cited the highly acclaimed information from the Department of Public Health of the United Kingdom, which showed that e-cigarettes are 95% safer than traditional cigarettes and demonstrate the necessary publicity for Malaysians who choose to use these products as non-imported products for health benefits.
“Malaysia’s e-cigarette industry has huge potential that can be released through practice and comprehensive regulations, which must include the use of e-liquid with nicotine. This will stimulate the growth of small and medium-sized enterprises, which in turn will create jobs for the government and generate taxes. “In the same statement, Syed Azaudin said.
