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MAICCI : Indian trade fairs jeopardising legitimate businesses

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KUALA LUMPUR, July 13- Indian trade fairs are jeopardising legitimate businesses and trade throughout the country, says the Malaysian Associated Indian Chambers of Commerce and Industry (MAICCI).

micciThe Chamber said it strongly objects the organisation of such trade fairs, as most shops set up under it, are usually run by foreigners.

“We doubt if they pay tax on sales during the carnival. The government should consider that legitimate businesses have expenses such as rental, taxes and workers salary to foot.

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“These legitimate businesses are facing difficulty arising from the shortage of workers and are required to undergo strict work permit processes,” the MAICCI said in a statement here today.

The chamber was of the opinion that such trade fairs should be halted with immediate effect to protect local businesses and consumers.

Malaysian Indian traders, led by the Malaysian Indian Textiles and General Stores Association, will hold a nationwide protest on July 16 at Jalan Tengku Kelana, Klang, and other parts of the country.

– BERNAMA