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Message: <blockquote data-quote="csl" data-source="post: 4201820" data-attributes="member: 16966">example: Levs jeans. Last time cost from Penang factory (insider curi curi sell) RM40 without label. They export to US and sew the badge on, then send back to Malaysia and sell RM2xx. Year end sales discount still can earn 30-60% profit margin depends on which design (sorry, cannot disclose show name who leak this info). People still crazy about it although it is expensive. But it still will break down as other cheaper jeans. With the GST implement, to maintain the profit margin, the price must be hiked. At this time, business will lose at certain % . Sales drop means either need to spend money on advertisement or sell at lower price, else will lose the market slowly and later on become history. From here, we can see:1. Gov get more money.2. Distributor and dealers earn less3. Cannot sell high due to market demand and also marketing competition.4. Create opportunity for small business start up people.5. Consumer has more choice.6. Higher price can educate consumer to spend money wisely and not so easy to be effect by ads.7. Not every thing also kena GST and not every mamak shop can do RM500k business annually. Less monopoly by certain big company/shop.8. Many more but people will start complain me for writing too long as usual.You have to go and figure out yourselves the rest.ZAC, what is need and what is luxury have big different. No rice then have to eat han-shi, horse die have to walk down the road. Any way will do as long as life is still going on. Unlimitedly after something which you cannot afford will make you suffer and the affordability will depends on your capability or someone who spare you their capability. Free market has its rules and the gov had interfere it for too long already. If no one dare to step out the 1st step, everything will remain and will be overtaken by other countries. I don't really wanna talk about NEP because it will lead to another essay or even book. You have the choice to take it as something that unfair, or something that to guaranty non bumi's future. Non bumi leaders who agreed with the policy in the past were not stupid people. A wild mushroom is stronger than a house grown strawberry is a fact. Wanna take it or not, depends on if you are willing to suffer for your next generation future. Malaysia is one of the best training ground for me and my son.</blockquote>

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