Malaysia's Own Teh Tarik Price Index
Ho Su Mong, President of the Malaysia-Singapore Coffee Shop Proprietors’ General Association (MSCSPGA) | Noorul Hassan Saul Hameed, President of the Malaysian Muslim Restaurant Owners Association (PRESMA)
20-May-16 08:05
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The volatile business environment has not only affected corporate Malaysia and large conglomerates. Smaller businesses are also feeling the pinch. These include coffee-shops and mamak stalls - a staple and big part of Malaysian food culture. Post-GST, operators are also having to cope with increased costs from foreign worker levies, reduced subsidies and weak consumer sentiment.
We discuss how these operators are managing cost inflationary pressures and if that glass of teh tarik costs way more than it should.
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Tags: Breakfast Grille, kopitiam, teh tarik, GST, CPI, inflation, foreign labour, illicit cigarettes, excise duties
