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PETALING JAYA: Malaysia’s inflation rate could jump to between 3.8% and 4% next year as GST takes effect, up from a projected 3.5% this year, according to RAM Ratings. This could be aggravated by another round of fuel-price increases and electricity-tariff adjustments, as well as a 25 basis points hike in the overnight policy rate to 3.5% ahead of the new tax regime in April.
KUALA LUMPUR: RAM Rating Services Bhd projects base-case inflation of 3.8% to 4.0% for 2015 compared to the 3.5% headline inflation expected this year.
SHAH ALAM: The introduction of the Goods and Services Tax (GST) next year is likely to reduce the prices of Mercedes Benz cars. Mercedes-Benz Malaysia Sdn Bhd vice president of sales and marketing, Kai Schlickum, said the company was still working on the pricing.
THE Government has taken “unprecedented’ steps to ensure the smooth implementation of the Goods and Services Tax (GST) come April 2015, experts say.