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The Malaysia Retail Chain Association (MRCA) has proposed that the government implement stricter policies and equalise surcharges on cross-border e-commerce transactions, including the stricter enforcement of the sales tax on low-value goods (LVG), to secure national revenue.
The association said local brick-and-mortar retailers continue to face substantial compliance disparities compared to untaxed or under-taxed foreign e-commerce platforms offering ultra-low prices.
"This structural imbalance not only threatens local enterprises but results in significant tax base erosion for the nation,” MRCA said in a statement on its Budget 2027 wishlist today.
It also called for stringent regulatory controls to mitigate the proliferation of counterfeit and inferior goods on e-commerce platforms, thereby protecting consumer safety, preserving quality standards, and defending the intellectual property of legitimate brand owners. - TheStar
Mr DIY current share price back to the year 2020. not a good idea to considering a long term investment stock. 1.26 is the baseline, once break this line, might go down further.
MBSB Research issued “buy” ratings on its top picks, including 99 Speed Mart Retail Holdings Bhd with a target price (TP) of RM4.37, MR DIY Group (M) Bhd at RM2.13, Leong Hup International Bhd at RM1.03, and Nestle (M) Bhd at a TP of RM116.10.
this hard some,maybe bad more is half live half die la........another is small hardware electric lai that shop die first,this company management ok de and warehouse make ai ok de...important not good is malaysia bussiness only