Manufacturers back GST 2.0, suggest 4pct rate

The Federation of Malaysian Manufacturers (FMM) has expressed support for a return of the goods and services tax (GST) which was recently hinted at by Prime Minister Ismail Sabri Yaakob.

In a statement, FMM said it had surveyed 499 companies that "strongly supported" GST over the current sales and services tax (SST).

A GST rate of four percent was...