As business costs rise due to many factors ranging from rising price of goods to inflation, many of them have decided to raise prices to . A Grant Thornton research has indicated that 82 percent of Malaysian businesses have opted to do so. To get a clearer picture of what’s going on, we speak to Professor Geoffrey Williams, an Economist from Malaysia University of Science and Technology.



Image Credit : Shutterstock | Jokiewalker

As business costs rise due to many factors ranging from <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.nst.com.my/amp/business/2022/07/814630/more-80pct-businesses-raise-prices-cope-inflation-some-choose-absorb-despite">rising</a> price of goods to <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.thestar.com.my/news/nation/2022/07/08/experts-opr-hike-to-cool-inflation-and-buoy-the-ringgit">inflation</a>, many of them have <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.freemalaysiatoday.com/category/nation/2022/07/06/raising-opr-again-will-lead-to-higher-inflation-warns-umno-youth/">decided</a> to <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2022/01/28/malaysia-is-taking-steps-to-control-rising-food-prices-says-minister.html">raise</a> prices to . A Grant Thornton research has indicated that 82 percent of Malaysian businesses have opted to do so. To get a clearer picture of what’s going on, we speak to Professor Geoffrey Williams, an Economist from Malaysia University of Science and Technology.Image Credit : Shutterstock | Jokiewalker

Helping you navigate the ever-changing universe of business, from headlines to the bottom line

Helping you navigate the ever-changing universe of business, from headlines to the bottom line