Tax hike for other sin sectors seen unlikely


PETALING JAYA: While the surprise increase in cigarette prices last week spooked some investors, analysts do not rate as high the risk of a similar tax hike for the other sin sectors.

CIMB Research analyst Lucius Chong, who tracks gaming stocks, told StarBiz that although an off-budget lift in levies should never be ruled out completely, he has not heard anything on the ground recently about such a move.

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