Investors and consumers maintain cautious stance


  • Economy
  • Saturday, 18 Apr 2015

Since April 1, car prices have dropped between 1 and 2.

THE implementation of the goods and services tax (GST) on April 1 has left investors and consumers feeling cautious, with many choosing to thread carefully or maintain a wait-and-see approach.

The ripples are already being felt as the 6% GST is leaving its mark on many stock market counters – be it on companies dealing with big-ticket items or otherwise.

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!

Business , GST , auto , property

   

Next In Business News

Wall Street closes higher for third session on rate cut optimism
Trading ideas: Ho Hup, Favelle, KKB, Nice, Sunzen Biotech, Sin-Kung, Ireka, Malaysian Genomics, RHB, Seng Fong
RBA to maintain key rate to restrain price pressures
The Global South and the need for economic growth
Optus names Stephen Rue as new chief executive
ADB gets highest net income allocation in history
Century-old association continues moving with the times
F&N to focus on growth through sales volume
Shell in talks to sell Malaysian petrol stations
Vietnam garment sector faces supply bottlenecks

Others Also Read