PGA: Zero-rated GST a boon to gold jewellery export


PGA adviser Joeson Khor told StarBiz that the zero-rated goods and services tax (GST) would help to boost the value of gold jewellery export this year.

GEORGE TOWN: The Penang Goldsmith Association (PGA) is projecting the export of Malaysia’s gold jewellery at an estimated RM6.7bil this year, up from an earlier forecast of RM4bil in March.

PGA adviser Joeson Khor told StarBiz that the zero-rated goods and services tax (GST) would help to boost the value of gold jewellery export this year.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Penang , gold , association , gold , jewellery , exports , grow , GST ,

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read