JOHOR BARU: Businesses are flourishing again and things are looking up for traders here.
At the Sutera Mall, Spiffy shoe store saw an increase in sales by 23% since early this month.
“There is no doubt that we have been getting more customers.
“We also see an increase of Singaporeans visiting our store since the 0% GST, especially on weekends,” said branch sales manager Chin Ke Sin.
Chin attributed the “tax holiday” for luring more visitors to spend.
V Vintage fashion outlet owner Edward Ngio said while the zero-rated GST was a good move, there was no drastic increase in sales.
“We have been absorbing the 6% GST before this, in order to retain a low price for our customers. At least now I do not have to shoulder the burden of the tax,” he said.
Ngio said the fashion industry was a competitive industry and that it was important to retain a low price to survive.
“Consumers stand to benefit with a variety of choice as we have to compete with other local and international retailers,” he said.