Latest news with #ConsumerAffairsandHumanResourcesCommittee
New Straits Times
2 days ago
- Business
- New Straits Times
Johor expected to be first state to extend use of eCOSS system
ISKANDAR PUTERI: Johor is expected to be the first state to extend the use of the Cooking Oil Price Stabilisation Scheme (eCOSS) to the end user level, allowing every transaction involving subsidised packet cooking oil to be recorded digitally to curb leakages. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the phased implementation of the scheme is intended to ensure the system's stability and public acceptance before it is rolled out statewide. "We need to pilot the eCOSS system at the consumer level first. "Johor is expected to be the first state to implement it following test runs conducted through the Jualan Rahmah programme over the past three to four months," he said. Armizan said that consumers would be required to download the eCOSS application and scan a QR code each time they purchase a packet cooking oil. For now, the policy remains that only Malaysian citizens are allowed to buy subsidised cooking oil, he told a press conference after opening the southern zone 'Jelajah Karnival KPDN 2025' and the launch of the Buy Malaysian Goods Campaign (KBBM) at the Puteri Harbour Convention centre here today. He said the move to extend the use of eCOSS is not aimed at reducing cooking oil subsidies, but rather as a transparent and targeted control mechanism. "The subsidy is not reduced. But through this system, we have clear records - the number of boxes retailers received, who bought them, and how many were sold. "However, we will not rush (into implementing it in Johor). "Our focus is to ensure the system is truly stable and accepted by the people before it is expanded comprehensively," he said. He said the current system only records distribution from the repackers to retailers. He said that implementing the system up to the consumer level is important, given that the ministry only has about 2,000 enforcement officers to monitor tens of thousands of retailers nationwide. "The eCOSS system will also verify the identity of users through the e-KYC process using MyKad, to ensure that only citizens are eligible to receive subsidies (to buy cooking oil)," he said. Also present were deputy minister Datuk Dr Fuziah Salleh, Johor Menteri Besar Datuk Onn Hafiz Ghazi and state Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han. – Bernama
The Sun
2 days ago
- Business
- The Sun
Johor expected to be first state to extend use of eCOSS system
ISKANDAR PUTERI: Johor is expected to be the first state to extend the use of the Cooking Oil Price Stabilisation Scheme (eCOSS) to the end user level, allowing every transaction involving subsidised packet cooking oil to be recorded digitally to curb leakages. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the phased implementation of the scheme is intended to ensure the system's stability and public acceptance before it is rolled out statewide. 'We need to pilot the eCOSS system at the consumer level first. Johor is expected to be the first state to implement it following test runs conducted through the Jualan Rahmah programme over the past three to four months,' he said. Armizan explained that consumers would be required to download the eCOSS application and scan a QR code each time they purchase a packet cooking oil. For now, the policy remains that only Malaysian citizens are allowed to buy subsidised cooking oil, he told a press conference after opening the southern zone 'Jelajah Karnival KPDN 2025' and the launch of the Buy Malaysian Goods Campaign (KBBM) at the Puteri Harbour Convention centre here today. He said the move to extend the use of eCOSS is not aimed at reducing cooking oil subsidies, but rather as a transparent and targeted control mechanism. 'The subsidy is not reduced. But through this system, we have clear records - the number of boxes retailers received, who bought them, and how many were sold. However, we will not rush (into implementing it in Johor). 'Our focus is to ensure the system is truly stable and accepted by the people before it is expanded comprehensively,' he said. According to him, the current system only records distribution from the repackers to retailers. He said that implementing the system up to the consumer level is important, given that the ministry only has about 2,000 enforcement officers to monitor tens of thousands of retailers nationwide. 'The eCOSS system will also verify the identity of users through the e-KYC process using MyKad, to ensure that only citizens are eligible to receive subsidies (to buy cooking oil),' he added. Also present were Deputy Minister of KPDN Datuk Dr Fuziah Salleh, Johor Menteri Besar Datuk Onn Hafiz Ghazi and state Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han.
The Star
18-06-2025
- Business
- The Star
JS-SEZ key to Johor's rise as regional innovation and investment hub
Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han ISKANDAR PUTERI: The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor's transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to global investors in artificial intelligence (AI), data centres and high-value industries. Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han said the JS-SEZ, developed in close collaboration with Malaysia's federal government and Singaporean counterparts, aims to harmonise cross-border regulations, unlock trade flows and ease talent mobility between the two countries. "This zone will make Johor even more competitive and connected,' he said during closing remarks on the first day of the Nikkei Forum Medini 2025 here today. He emphasised that Johor is not a passive recipient of federal or foreign policy, but an active agent shaping regional growth through coherent, long-term strategies rooted in clarity, consistency and capacity. At the heart of this transformation is Medini, a flagship smart city that Lee described as a "public-private innovation lab', attracting more than RM13 billion in cumulative investments to date in sectors such as healthcare, education, business services and smart infrastructure. "Medini is more than just real estate, it's a collaborative innovation platform. Now is the time to shift from dialogue to action through MoUs, pilot projects, and enduring partnerships,' he said. Lee urged policymakers and institutions to recognise that sustainable, digital nation-building depends on integrated action across technology, energy, environmental, social and governance (ESG) frameworks. "What we've built today reflects on the need for cross-sector coherence. Let us now move from consensus to execution,' he added. Lee noted that Johor is undergoing a fundamental shift from a traditional industrial base into a next-generation economic powerhouse, driven by policy innovation, infrastructure readiness and investor confidence. The two-day Nikkei Forum Medini 2025 forms part of broader efforts to position Johor as a regional innovation hub, supporting the JS-SEZ initiative to attract high-quality investments and integrate value chains between Malaysia and Singapore. - Bernama
The Sun
18-06-2025
- Business
- The Sun
JS-SEZ key to Johor's rise as regional innovation and investment hub
ISKANDAR PUTERI: The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor's transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to global investors in artificial intelligence (AI), data centres and high-value industries. Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han said the JS-SEZ, developed in close collaboration with Malaysia's federal government and Singaporean counterparts, aims to harmonise cross-border regulations, unlock trade flows and ease talent mobility between the two countries. 'This zone will make Johor even more competitive and connected,' he said during closing remarks on the first day of the Nikkei Forum Medini 2025 here today. He emphasised that Johor is not a passive recipient of federal or foreign policy, but an active agent shaping regional growth through coherent, long-term strategies rooted in clarity, consistency and capacity. At the heart of this transformation is Medini, a flagship smart city that Lee described as a 'public-private innovation lab', attracting more than RM13 billion in cumulative investments to date in sectors such as healthcare, education, business services and smart infrastructure. 'Medini is more than just real estate, it's a collaborative innovation platform. Now is the time to shift from dialogue to action through MoUs, pilot projects, and enduring partnerships,' he said. Lee urged policymakers and institutions to recognise that sustainable, digital nation-building depends on integrated action across technology, energy, environmental, social and governance (ESG) frameworks. 'What we've built today reflects on the need for cross-sector coherence. Let us now move from consensus to execution,' he added. Lee noted that Johor is undergoing a fundamental shift from a traditional industrial base into a next-generation economic powerhouse, driven by policy innovation, infrastructure readiness and investor confidence. The two-day Nikkei Forum Medini 2025 forms part of broader efforts to position Johor as a regional innovation hub, supporting the JS-SEZ initiative to attract high-quality investments and integrate value chains between Malaysia and Singapore.
The Sun
18-06-2025
- Business
- The Sun
JS-SEZ key to Johor's rise as regional innovation
ISKANDAR PUTERI: The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor's transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to global investors in artificial intelligence (AI), data centres and high-value industries. Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han said the JS-SEZ, developed in close collaboration with Malaysia's federal government and Singaporean counterparts, aims to harmonise cross-border regulations, unlock trade flows and ease talent mobility between the two countries. 'This zone will make Johor even more competitive and connected,' he said during closing remarks on the first day of the Nikkei Forum Medini 2025 here today. He emphasised that Johor is not a passive recipient of federal or foreign policy, but an active agent shaping regional growth through coherent, long-term strategies rooted in clarity, consistency and capacity. At the heart of this transformation is Medini, a flagship smart city that Lee described as a 'public-private innovation lab', attracting more than RM13 billion in cumulative investments to date in sectors such as healthcare, education, business services and smart infrastructure. 'Medini is more than just real estate, it's a collaborative innovation platform. Now is the time to shift from dialogue to action through MoUs, pilot projects, and enduring partnerships,' he said. Lee urged policymakers and institutions to recognise that sustainable, digital nation-building depends on integrated action across technology, energy, environmental, social and governance (ESG) frameworks. 'What we've built today reflects on the need for cross-sector coherence. Let us now move from consensus to execution,' he added. Lee noted that Johor is undergoing a fundamental shift from a traditional industrial base into a next-generation economic powerhouse, driven by policy innovation, infrastructure readiness and investor confidence. The two-day Nikkei Forum Medini 2025 forms part of broader efforts to position Johor as a regional innovation hub, supporting the JS-SEZ initiative to attract high-quality investments and integrate value chains between Malaysia and Singapore.
