Carlsberg hopeful excise duty not increased in Budget 2023

Carlsberg Malaysia managing director Stefano Clini.

SHAH ALAM: Carlsberg Brewery Malaysia Bhd managing director Stefano Clini hopes that the retabling of Budget 2023 today would not bring with it additional excise duties for the beer industry, as he believes the outlook for the company remains uncertain.

He noted that the world is still facing the risk of global recession and strong inflationary pressures.