Raising purchasing power


Dass: More spending will boost retail businesses only if the households are confident, a trend we are witnessing.

BARELY a month since taking office, the new Government has embarked on a slew of measures, aimed at shifting the wealth from the national coffers into the hands of the rakyat.

From lifting the goods and services tax to maintaining the prices of RON95 fuel and diesel, some RM20.7bil is expected to be put into the pockets of Malaysians, in order to raise their purchasing power.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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 , Economics

   

Next In Business News

IT buoys GDEX’s confidence
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact
Powering on data centres

Others Also Read