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GST talk resurfaces as oil prices tumble

Cindy Yeap
Cindy Yeap • 12 min read
GST talk resurfaces as oil prices tumble
Malaysia will be among the beneficiaries if China resumes its consumption of goods and services.
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SINGAPORE (Mar 20): The timing is clearly wrong.

With the world looking at additional stimulus measures to counter the possibility of a global recession, now is not the time to reintroduce the Goods and Services Tax (GST).

Bringing back something that is unpopular with the rakyat as the country battles the Covid-19 outbreak with a newly minted government not only risks political suicide but will also prove to be counterproductive for the economy if consumer and business sentiments are further hit.

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