Malaysia's VEP introduction on Oct 1 leads to 20% decrease in Singaporean vehicles entering Johor Bahru, causing significant local business impact and sales drop.
The introduction of Malaysia's Vehicle Entry Permit (VEP) on October 1 has led to a 20% decrease in Singaporean vehicles entering Johor Bahru, significantly impacting local businesses. Many shopkeepers report a sales drop of 30-40%. Although strict enforcement has been delayed, with no initial fines for pending applications, concerns remain among business owners about the long-term effects on their operations. Some still hold hope for a return to normalcy.
October 05, 2024
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