Stretching their ringgit: Consumers are increasingly turning to dry foods in view of rising costs, resulting in a noticeable drop in the sale of fresh food items, say industry players. — LOW LAY PHON/The Star
PETALING JAYA: Stakeholders want the government to review the expanded Sales and Service Tax (SST), warning that it could worsen living costs and place further strain on small businesses amid fragile economic conditions.
They said concerns have been raised over the SST’s cascading nature, lack of clarity and potential to erode household spending while squeezing business margins.
