“Certainly the logistics segment will be affected, and if the cost increase is passed on, then the overall costs of doing business will rise, ” Kenny Yee, Rakuten Trade’s head of research tells StarBiz.
PETALING JAYA: The logistics and automotive sectors are among those that will feel the impact of the targeted fuel subsidy scheme, when it kicks off in January next year.
Higher costs for the logistics sector lead to higher transport costs for businesses, regardless of the sectors they operate in, and ultimately higher prices for products and services.
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