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Only a few respondents reported lower savings, with one showing a six-figure EPF balance as proof.
Malaysia’s ranking was attributed to high debt and low savings.
This tax, last seen in Malaysia in 1991, could burden SMEs and limit wealth growth.
Some noted it can be ordered without added sugar.
It’s been 3 years.
‘Before borrowing, think critically about your ability to repay.’
188,750 Malaysian tourists visited Indonesia in August 2024.
For Malaysian consumers, this is welcome news as they enjoy cheaper imports and lower prices on foreign goods.