TV sales SST
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Malaysia: Higher prices for tobacco, alcohol, will persist with SST

KUALA LUMPUR: Higher prices will persist following the implementation of the Sales and Services Tax (SST), particularly for tobacco products and alcohol, whereby importers and manufacturers have planned to pass the tax down to consumers. Sin stocks British American Tobacco (M) Bhd , Heineken Malaysia Bhd  , Carlsberg Brewery Malaysia Bhd  have implemented an industrywide price increase as they traditionally do […]

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malay01
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Modest 5% to 6% growth likely in Malaysian retail sector

PETALING JAYA: The local retail sector is expected to register a modest growth of between 5% and 6% this year, underpinned by sustained consumer sentiment from improved consumer spending and stability in the market. Malaysian Association for Shopping and High-Rise Complex Management past president Richard Chan said the local retail sector should grow “more than 5%” this year, buoyed by the three-month tax holiday and the […]

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