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Ramadan is a time of fasting and prayer, but for young Malaysians looking to make extra income, it is also a time for entrepreneurship.
In February 2023, Malaysian minister of local government development Nga Kor Ming announced that fireworks are now allowed to be distributed and sold in Malaysia.
Setting up their stall in TTDI, Irwan and Fahmi are two young men who sell fireworks over the Ramadan period, capitalizing on the recent legalization of fireworks in Malaysia.
“Last year it became legal to sell fireworks. Since we have experience in this industry, we got a good deal from our supplier, and we set up our shop in March,” Irwan said.
The recent legalisation is a move to curb illegal smuggling
In the past, underground syndicates had been gaining profits from the smuggling of illegal fireworks into the country. In addition, the lack of regulation has led to accidents due to the lack of safety standards of such goods.
But now, wholesalers and importers will be subjected to license application, import duties as well as guidelines and regulations.
“I expect the government’s revenue to increase as hundreds of millions of ringgit can be obtained from duties from license holders,” Minister Nga said in a statement.
Firework sellers earn RM 1,000-2,000 a day on average
According to Irwan, sales of fireworks are robust this Ramadan, with swarms of customers descending on their roadside stall in TTDI each evening to buy their wares.
“The most profit we have gotten from a single day is RM2,000,” Irwan shared. He added that their most popular products are the kid-friend sparklers, which are completely child-safe and provide just a warm tickling sensation when held against the skin.
The company, Boom Boom Fireworks, has two other branches in Ampang and Bangsar. They sell an array of fireworks, from kid-friendly sparklers and ground spinners, to elaborate spinning tops and fountain-type fireworks.
While their busiest times are between 8pm to 12am, due to popular demand, they are open 24/7.
Where to find Boom Boom Fireworks:
Persiaran Zaaba, Taman Tun Dr Ismail, 60000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur (Opposite Royale Bistro)
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Read also: How I Used RM15,000 to Break a Local Syndicate’s Monopoly on Resold Nintendo Games
How I Used RM15,000 to Break a Local Syndicate’s Monopoly on Resold Nintendo Games in Malaysia
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