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Podcast  >  Morning Run  >  Morning Brief  >  Return of the GST? Sure "if that is what you want"

Return of the GST? Sure "if that is what you want"

Lee Boon Hoo, Client Services Director, Nielsen Malaysia

04-Oct-19 07:15

Return of the GST? Sure "if that is what you want"

According to Tun Dr Mahathir, the government will study calls for the re-introduction of GST “if that is what the people want''. This is following a suggestion from MIER back on Tuesday to revive the GST but at a lower rate of 3% as it possibly has a wider tax base and is a fairer system.

At the same time, certain quarters have suggested that the existing SST system can stay but needs to be further improved.

04:51 - According to a recent Nielsen report, hypermarket sales went down by 4% last year despite convenience and personal care stores enjoying double-digit growths. To find out what is driving the popularity of these smaller-format stores, and if large physical hypermarkets are on the decline, we speak to Lee Boon Hoo from Nielsen Malaysia.

Presented by: Khoo Hsu Chuang, Roshan Kanesan, Sharidz Abdullah

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  GSTSSTtax baseTun Dr MahathirMIERBudget 2020hypermarketsconvenience storesRetail, Fashion, Luxury Goods


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