GST: The Second Coming

Firdaos Rosli, Chief Economist, MARC | Dr Bridget Welsh, Honorary Research Associate, University of Nottingham Asia Research Institute-Malaysia

02-Jun-22 18:00

Pause
Embed

Prime Minister Datuk Seri Ismail Sabri Yaakob has revealed plans to reimplement the Goods And Services Tax (GST), despite awareness of its unpopularity. He said that this proposal is being made in an attempt to expand the government's revenue base and carry the weight of public subsidies, considering the nation's current economic state. First, we talk about its possible reintroduction, its impact, and the timing of it all. Then, we discuss how public perception of it has been shaped by our political landscape.

Image Source: Dmitry Demidovich, Shutterstock

Produced by: Alia Zefri, Natasha Fusil

Presented by: Lee Chwi Lynn, Sharmilla Ganesan

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: economy, government

Tags: gst, tax, inflation, sst, ismail sabri, economy,

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler Newsletter tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Peter Chia, Senior FX Strategist, UOB discusses the performance of both the US dollar and regional currencies.

7:45 AM

Morning Brief

Shazrul Ariff Suhaimi of Khazanah Research Institute shares his views on Malaysia’s efforts to reform TVET through SKM framework changes and improved apprentice wages.

8:00 AM

The Breakfast Grille

Dato' Lee Gaik Cheng, Managing Director, PMCK Bhd

8:30 AM

Morning Brief

Varun Mittal of Fintech Nation talks about the latest developments in the global crypto space.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Laurent Lequeu, Independent Market Analyst & Writer, The Macro Butler Newsletter tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Pinnacle Perspectives

Tanya Tai of Deloitte discusses how brands can capture and maintain consumer attention in today’s fast-paced social media landscape.

10:05 AM

Open For Business

LeapIn's founder Sara Zhu explains how their AI video analysis platform is revolutionizing hiring with a focus on skills, not CVs, boasting 100% enterprise client retention.

11:05 AM

P&L

Project Manager Preeta Nair explains why projects fail and how AI is becoming a critical tool to prevent costly mistakes and ensure success.

12:00 PM

Enterprise Explores

Economist Dr. Carmelo Ferlito challenges modern monetary policy, arguing why a focus on price stability is not enough and what a truly stable economy requires.

1:00 PM

The Breakfast Grille Repeat

Dato' Lee Gaik Cheng, Managing Director, PMCK Bhd

2:05 PM

Discovery Hour

3:05 PM

Earth Matters

The Bonn climate talks concluded with more gaps than gains, raising concerns for developing nations and the 1.5°C global warming limit on the road to COP30. Meenakshi Raman, the President of Sahabat Alam Malaysia, helps to unpack these implications.

4:05 PM

Health & Living

Are students today under too much pressure, or simply not able to cope with stress? We get thoughts and tips from a licensed counsellor.

5:00 PM

Top 5 at 5

6:00 PM

Today I Learned

Are you constantly in search of the rare and ultimate Labubu? Or maybe you’re one of those who doesn’t understand why people are? We unpack this trend.

7:00 PM

BBC World Service

8:00 PM

A Bit of Culture

PROGRAMMES