The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

SUBSCRIBERS

Malaysia raises excise on cigarettes by more than 40%

Brewers and gaming companies also expect similar rises in sin tax as Putrajaya goes on hunt for ways to shave country's fiscal deficit

Published Wed, Nov 4, 2015 · 09:50 PM
Share this article.

Kuala Lumpur

BREWERS and gaming companies are pondering the hand they will be dealt, following Malaysia's more than 40 per cent hike in excise tax on cigarette manufacturers.

The tax kicks in on Monday.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here