MoF provides relief for businesses with goods in bonded warehouses

The Ministry of Finance (MoF) has affirmed that the storage of goods in bonded warehouses can be extended for up to 12 months from the date the end of Covid-19 is announced, allaying concerns among businesses about having to destroy goods at the end of the original storage period if they face difficulties. Under regulations, Covid-19 can only be declared to have ended when no new cases are recorded for 28 days.