Purchasing power increasing


  • Letters
  • Monday, 31 Jan 2005

TIME was not long ago when you saw Indians returning from Dubai or Singapore laden with such mundane goods as kitchen machines, acrylic blankets, colour TVs and VCRs, etc. 

They dreaded the moment at the customs counter for not only was the duty prohibitively high at 200% but they were also made to account for the source of foreign exchange with which they had bought the goodies.  

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!
   

Next In Letters

Regulatory oversight needed for charity organisations
Quest to eradicate malaria not over yet
Recipe to attain success
Gilley's remarks disrespect Malaysia's stance on Israel-Palestine conflict, says MCA Youth leader
Should we blame it all on plastic?
There are economic benefits from waste
Climate’s effects on work
Working on safeguarding cross-border data transfer
Cultivating good mental health starts from young
Small initiatives can help solve manpower problems

Others Also Read