Economists: Expand sugar tax to more items


PETALING JAYA: While raising the ceiling price of sugar may reduce its consumption and promote healthy living, the government must also ensure that inflation is controlled, say economists. They suggested that the sugar tax be expanded to more items as a means to control consumption for health purposes and to grow tax revenue.

Referring to a government study on sugar prices, Sunway University Economics Professor Dr Yeah Kim Leng said the government needed to strike a balance between raising sugar prices to discourage excessive consumption for the sake of public health, and controlling inflation since sugar was an essential ingredient in many beverages and food items.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

sugar price ,

   

Next In Nation

Teen may have drowned trying to save sister at Pantai Cenang
Umno does not need leaders ‘bankrupt’ with ideas, says Zafrul
Visitors flock to 'Raja Kita' exhibition at National Museum
Animal lovers tie the knot in Zoo Negara
Taiping gets RM17.48mil allocation from Housing and Local Government Ministry
RM316mil allocated for Sarawak coastal erosion, flood mitigation efforts, says Fadillah
Next 'Save Malaysia' rally to be held in Permatang Pauh, say organisers
Man arrested trying to smuggle out 2,400kg anchovies to Philippines
Over 500,000 online entrepreneurs trained under MDEC, says chairman
Kiulu’s rural tourism hub aspirations boosted after praise from British visitors

Others Also Read