Budget 2023 And The Retail Sector

Tan Hai Hsin, Managing Director, Retail Group Malaysia

01-Mar-23 08:45

Pause
Embed

Budget 2023 introduced a luxury tax which would be implemented this year as a new step to broaden the tax base to those who had the means. However, details on what luxury goods actually are and what rate the tax will be have yet to be finalised. Tan Hai Hsin, Managing Director of Retail Group Malaysia, talks about how the local retail sector might be impacted.

Image credit: Shutterstock

Produced by: Sim Wie Boon

Presented by: Keith Kam, Chong Tjen San, Shazana Mokhtar

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

Categories: government, economy

Tags: budget 2023, retail industry, tourism,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Matthew Hardman, Chief Technology Officer for Asia Pacific at Hitachi Vantara, talks about the importance of building smarter, stronger data systems, and how they’re key to making AI actually work in the real world.

12:00 PM

Popcorn Culture

(REPEAT) The Popcorn Culture team reviews A Minecraft Movie and talks about video game adaptations!

1:00 PM

Cruise Control

(REPEAT) Are traditional used car dealers making a comeback? Daniel Fernandez from dsf.my thinks so! Tune in to find out.

2:00 PM

Matt-Splained

(REPEAT) How secure are your messaging apps? Richard Bradbury and Matt Armitage try to untangle the knot of modern apps and the legacy media they’re built on to sort the leaky vessels from the tight ships.

3:00 PM

Earth Matters

(REPEAT) Sabah has introduced its first-ever 10-year Bornean Sun Bear Action Plan (2025–2034) to tackle the pressing threats facing the species. Dr. Wong Siew Te, a wildlife biologist, tropical forest ecologist, and the CEO and Founder of the Bornean Sun Bear Conservation Centre (BSBCC) unpacks the plan.

4:00 PM

Bar None

(REPEAT) Jazeman Jaafar joins Bar None to talk about his latest victory and the appeal of endurance racing.

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.

PROGRAMMES