KUALA LUMPUR: Habib Jewels Sdn Bhd has absorbed the entire cost of the 6% goods and services tax (GST) to enable consumers to enjoy the prices of its jewellery at the pre-GST level.
Managing director Datuk Seri Meer Sadik Habib said that the company would absorb up to RM30mil from its earnings and planned to offset it by lowering costs and increasing efficiency.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!