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  • 3 years ago
The temporary ceiling prices on chicken and eggs has been removed, with Prime Minister Anwar Ibrahim saying it would allow room for the market to freely manoeuvre.

Read More:
https://www.freemalaysiatoday.com/category/nation/2023/10/13/online-users-grumble-about-sst-and-poultry-prices/

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#FMTNews #SST #Tax #Poultry #Budget2024

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Transcript
00:00 The announcement of an increase in the sales and services tax to 8% and the removal of
00:06 ceiling prices for eggs and chicken have been met with disappointment by some netizens.
00:11 FMT's checks on social media found numerous unhappy Facebook posts about the new SST rate.
00:17 Social media user Edward Chin said the tax hike just means more burden on the people.
00:23 Zin Saleh, another Facebook user, grumbled that removing the ceiling price on poultry
00:27 will ruin the people's livelihood.
00:30 While the removal of the temporary ceiling price for chicken and eggs may be good for
00:34 vendors, consumers will suffer the consequences, said Billy Pang.
00:39 Facebook user Stephen Muthen also expressed doubt over whether businesses will act ethically
00:44 over the prices.
00:45 Anwar, who is also a finance minister, announced a Rp 393.8 billion budget for 2024, representing
00:53 a Rp 5.8 billion increase on this year's budget.
00:57 Amirah Huda, FMT News.
01:00 [MUSIC PLAYING]

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