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GST and cost hikes in 2015 to impact economy

The goods and services tax (GST) to be implemented in April next year as well as other possible price hikes of commodities, will clearly impact the Malaysian economy, a chamber of commerce warned today.

The possibilities of fuel subsidy abolition and a further increase in electricity tariffs would also affect the country's economy next year, the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) said.


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