The government's efforts to reform the economy and encourage industrialisation are being undermined by the widespread corruption that drains public fu...

According to KAM, the umbrella body representing manufacturers in the country, local manufacturers have the potential to drive the 2030 agenda.

KAM said even as it seeks to curb plastic pollution, the tax will push up prices of commonly used household items

The association fears that the tax could decimate these livelihoods and destabilise the manufacturing industry at large.

Most of those affected are in the Cement, Steel and Paper industries which are directly hit by the export promotion levy.