GST not needed, push for exponential growth instead


GST existed for a while in Malaysia, beginning in 2015, but was repealed under a new government in 2018. Now there's talk of reviving it. — Filepic/The Star

THERE has been a loud clamouring for the return of the goods and services tax (GST) and the immediate removal of all forms of subsidy so as to balance the books and to reduce the government’s debts.

This is despite Prime Minister Datuk Seri Anwar Ibrahim repeatedly stating that the GST would not be imposed in the near term.

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!

Next In Business News

Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
Tanco signs two agreements for Port Dickson smart AI container port project
Palm oil advances as crude rally boosts outlook for biofuels
Asian shares fall as Mideast conflict flares up again; KOSPI hits 11-week low
Gold recovers from two-week low ahead of US inflation
Steady economic improvement reported
SoftBank's Son says AI will need US$5 trillion per year by 2040, dismisses bubble talk
REHDA calls for data-driven framework to stabilise housing market
Anwar: PETRONAS fast-tracks exploration in one of world’s largest gas fields
Sin-Kung Logistics to explore collaboration with HK's airport authority

Others Also Read