The introduction of a 6% GST in April 2015 had a significant impact on consumer spending in 2015. The effect of the GST manifested itself first in a strong growth in consumption prior to its introduction, while the overall volume index of retail trade grew at a rate exceeding 9% y/y in the preceding quarters, as consumers made big-ticket purchases to avoid the 6% tax. The strong spending growth pre-GST was followed by a post-GST moderation, which also had a noticeable negative effect on the overall retail trade index and the F&B and Tobacco subindex. Similarly, the planned zero rate of the GST effective June 1, 2018 that Malaysia’s newly elected government announced in mid-May 2018, is expected to considerably improve consumer sentiment in the country in the short- to mid-term.

01 EXECUTIVE SUMMARY 

02 SECTOR IN FOCUS 

03 COMPETITIVE LANDSCAPE

04 COMPANIES IN FOCUS

05 REGULATORY ENVIRONMENT

06 OILS AND FATS 

07 MEAT AND POULTRY

08 DAIRY PRODUCTS

09 BEVERAGES 

10 RETAIL CHANNELS