Will Budget 2023 Be A Tasty One Of F&B Players?

Datuk Garry Chua, Advisor & Past Chairman of F&B, Malaysia Retail Chain Association (MRCA)

30-Sep-22 07:45

Will Budget 2023 Be A Tasty One Of F&B Players?

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Although diners have returned to restaurants and eateries with the full reopening of the economy, current economic conditions are far from ideal for the F&B sector. Cost pressures, including higher raw material expenses and labour shortages, have put F&B operators in a dilemma given inflation is also constraining consumers' wallets. Can Budget 2023 provide a boost? We speak to Datuk Garry Chua of the MRCA for their budget wishlist.

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Image credit: Shutterstock

Produced by: Sim Wie Boon

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories: Corporates, economy, sponsored content, entrepreneurs

Tags: rising price, f&b sector, restaurants, budget 2023 mahsing, tax, labour shortage, belanjawan 2023, budget 2023,

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