Tag Archives: environment
The National Green Technology Policy was announced by YAB Datuk Seri Najib Tun Abdul Razak Prime Minister of Malaysia on 24 July 2009 encompasing economic, environment and social policies. Among the goals of the National Green Technology Policy are to increase the production of local Green Technology products and the expansion of SMEs and SMIs businesses exports of Green Technology to the global market.
Developed countries are now keen to engage with companies/organisations which are more environmentally responsible to its stakeholders. Malaysian industries are encouraged to adapt a green environment approach in their businesses, by moving towards low carbon technology.
Potential benefits for businesses from adoption of the green policy include:
• enhanced local industry’s competitiveness in the global market; and
• increased ability to attract foreign investors and growth of exports through enhanced consumer confidence.
Consumers have become increasingly conscious not... Read More
INITIATION OF ANTI-DUMPING INVESTIGATION CONCERNING IMPORTS OF POLYETHYLENE TEREPHTHALATE ORIGINATING IN OR EXPORTED FROM THE PEOPLE’S REPUBLIC OF CHINA, THE REPUBLIC OF INDONESIA AND THE REPUBLIC OF KOREA
On 19 May 2014, the Government of Malaysia has received a petition from a domestic producer requesting imposition of anti-dumping duty on imports of polyethylene terephthalate. The petitioner alleges that imports of polyethylene terephthalate originating in or exported from the People’s Republic of China, the Republic of Indonesia and the Republic of Korea are being dumped into Malaysia at a price much lower than the price in the domestic market of the alleged countries. The petitioner claims that this is causing material injury to the domestic industry in Malaysia.
The petitioner further claims that the imports from the alleged countries have increased in terms of absolute quantity. As a result, the petitioner had suffered material injury, among others, price... Read More