Countering GST with cost-push formula


PETALING JAYA: Private hospital operators in the final business-to-consumers (B2C) supply chain are likely to implement a cost-push formula to counter the higher input-cost effects from the goods and services tax (GST).

According to industry observers, this would be the most likely scenario as rising medical costs was more cost-led than demand-led.

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Business , gst healthcare

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