GST not sole factor influencing price movements, says Chua


KUALA LUMPUR: The Goods and Services Tax (GST) will not be the only factor affecting price movements when it is implemented in April next year, said Datuk Chua Tee Yong.

The Deputy Finance Minister said price movements were influenced by a combination of factors, including foreign exchange rates, cost of services, and supply and demand, apart from taxes.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Government , gst

   

Next In Nation

KKB polls: Ramanan urges Indian community to come out and vote
Viral video shows molotov cocktail thrown outside KL nightclub, cops investigating
No to violence: Socso to help bear medical costs for Faisal Halim
Copter tragedy: Late WO II Muhammad Faisol's family accept findings in interim report
S'gor Govt launches State Structure Plan 2035 draft for public feedback
Kampung Orang Asli Kerling first site for Starlink POC in Malaysia, says Teo Nie Ching
KKB polls: Pakatan taking personal approach by campaigning house-to-house, says Selangor MB
Hardcore poverty in Terengganu to be eradicated in two months, says Anwar
KKB polls: Why wait to file an election petition if you have proof of wrongdoing, Loke tells opposition
No to violence: Johor MB disappointed Selangor FC chose to skip Charity Shield match

Others Also Read