Finance minister offers to meet FMM after firms blame SST for rising costs | Malay Mail

Finance Minister Lim Guan Eng speaks during a press conference at the Education Ministry in Putrajaya February 14, 2019. — Picture by Yusof Mat

Speaking to a press conference today, the finance minister said data from the Statistics Department and the prevailing inflation rate contradicted the findings of the study done jointly by the FMM and the Malaysian Institute of Economic Research . “So I am willing to meet with the FMM to see where is the source of the complaint about price increases because it’s not explained by facts and the figures provided by the Department of Statistics and this is the same set of figures that was used by the previous government.

these manufacturers are profit driven ppl who refuse to absorb costs or provide national service. Malaysians suffers from lack of empathy. Only wants to take and take and enrich and enrich. We need to bring our ppl out of selfishness.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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Survey: SST raised business costs by up to 10pc | Malay MailKUALA LUMPUR, Feb 28 — Firms said the Sales and Services Tax (SST) caused their operating costs to increase by as much as a tenth, according to a survey by the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (Mier). FMM president Datuk Soh Thian Lai... hahhahahahahaha tipu lah...mana boleh naik, itu menteri kata boleh turun boleh kawal....banyak tipu Which business? Please be specific
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Guan Eng to probe claims of SST pushing up business costsThe finance minister responds to a claim by the Federation of Malaysian Manufacturers.
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Poll: SST raises cost of doing businessPETALING JAYA: The sales and service tax (SST), which was introduced in September 2018, have increased the cost of doing business among Malaysian manufacturers by up to 10%, according to a recent survey by the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (MIER).
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