MSM reiterates call for tariff to curb dumping of imported sugar


KUALA LUMPUR: MSM Malaysia Holdings Bhd reiterates its call for a tariff on imported sugar to address the ongoing influx of low-priced Thai sugar into the domestic market.

Group chief executive officer Syed Feizal Syed Mohammad said MSM, which produces refined sugar for both industrial and retail consumption, and Central Sugars Refinery Sdn Bhd (CSR) have jointly requested the government to consider imposing a tariff on imported sugar, particularly from Thailand, to safeguard the domestic sugar industry from dumping practices.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MSM , tariff , imports , sugar , SST , economy

Next In Business News

CGS International upbeat on Malaysia's economy, sets KLCI end-2026 target at 1,810
Morning trading finishes flat as investors retrace earlier losses
A1 AK Koh Group appointed sole distributor for NZ Milk Powder
Hock Soon Capital inks underwriting deal with M&A Securities
Crude oil slumps, Asian shares edge lower as global tensions climb
Ringgit opens lower vs greenback, higher against major currencies ahead of key US jobs data
FBM KLCI drifts lower as traders await catalysts
Berkshire Hathaway raises new CEO Abel's salary to US$25mil
Trading ideas: Capital A, AAX, AME REIT, IGB, IWCity, HSS Engineers, Master Tec, SCIB, ES Sunlogy, ICT Zone, Vanzo, Paragon Union, Destini, Mega Fortis, Semico
Oil falls as investors weigh supply outlook, Venezuela uncertainties

Others Also Read