Malaysia’s F&B prices continue to rise as businesses confront surging costs, SST expansions, and currency fluctuations. Restaurant owners cite tax burdens, declining customers, and inflation as reasons for price hikes.
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F&B Prices Surge as Malaysian Businesses Battle Rising Costs
Experts say SMEs and startups are most affected, with up to 35% shutting down within 18 months due to capital constraints and digitalisation costs. Higher wages, a weak ringgit, disrupted supply chains, and environmental factors like El Nino further worsen costs.
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