There were many responses when the Malaysian government first announced the Financial Budget for Malaysia, year 2010, both good and bad. But when they were undecided about GST, it sparked more conversation on whether it’ll benefit the Rakyat, or further threaten poorer communities in Malaysia.

What goods GST covers

As proposed by our dear government, GST covers all types of goods & services sold to Malaysian & non-Malaysian residents (therefore consumers) except for a common commodities such as rice, flour & sugar.

This goes to mean: Whenever you walk into your favorite hypermarket with the family to get some groceries in the future, you will be charged additional ~{512b763ef340c1c7e529c41476c7e03bc66d8daea696e1162822661d30dde056} (the proposed additional 4{512b763ef340c1c7e529c41476c7e03bc66d8daea696e1162822661d30dde056}) on top of your bill except for certain controlled items.

Further, Malaysia’s main revenue shouldn’t just live off petroleum. In other words, we shouldn’t put all eggs in one basket because petroleum revenues have risks … Read More

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