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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 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

Samsung to announce US$648bil investments in South Korea, media report says
Trading ideas: Axis REIT, Chin Hin, Ibraco, Ajiya, XL, Niche, Jentayu, Sasbadi, Croesus, Pekat, NexG, Gamuda, Yinson, Glomac
Wall St mixed as tech drags despite chip optimism
Takaichi unveils US$2.3 trillion spending plan
Healthcare evolution in China attracts more global business
Gamuda’s order book at record high of RM52bil
Croesus IT wins RM670,000 healthcare software orders
KHPT gets shareholders’ approval for NCMI purchase
Johor-Singapore SEZ bright spot for real estate
Marine & General slips into the red

Others Also Read