Survival of the traditional businesses


Hybrid business: Even the Chinese medical hall evolves into part medical hall and part mini market hybrid

THE year 2017 started off with a spark of price increases across the board for fuel and many imported items.

It has certainly been a busy period for many marketing and accounting experts computing the new cost due to price increases from suppliers and the devaluation of our ringgit. The biggest headache of all is what exchange rate should be used for the 2017 forecast? If you believe the financial analyst, they have boldly announce that the ringgit will recover to 4.2/4.3 to a US dollar citing domestic GNP growth of 4%-4.5%.

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