SST seen to affect consumer spending on beer negatively


Strong results: Lehmann at a press conference on the company’s first half 2018 financial performance.

SHAH ALAM: Carlsberg Brewery Malaysia Bhd is expecting the implementation of the sales and service tax (SST) on Sept 1 to impact consumer spending on beer negatively.

Speaking after the group’s results briefing for the first half of financial year 2018 (1H18) yesterday, Carlsberg Malaysia managing director Lars Lehmann said the group was urging the Royal Malaysian Customs to further intensify its efforts to fight contraband beer, following the abolition of the goods and services tax and the reintroduction of the SST.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

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 , Carlsberg , brewery , Lars , Lehmann , consumer , beer , market , excise duty , SST ,

Next In Business News

South Korea proxy fight could derail Trump’s zinc bet
Mercosur wants EU to know it has other options
Renewables shine ahead
High-end thrift stores boldy defend their niche
Lagenda ramps up affordable housing push
M&A activity set to soar in 2026
M’sia resilient despite global risks, says IMF
What headline-generating FDI tells us
Gold futures likely heading higher this week
AEON Credit targets 12% ROE

Others Also Read