<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 15): Malaysia's proposed goods and services tax (GST) may prompt retailers to sell new product types to sustain profitability, according to Japan-based Aeon Co Ltd Asean Business CEO Nagahisa Oyama.</p></div>

<div class=newsTextDataWrapInner><p>Oyama said in a press conference during the MRCA Retail Conference 2014 here today companies could move from selling traditional goods to new items on rising competition.</p></div>

<div class=newsTextDataWrapInner><p>"The competition (among retailers) will become fiercer. The companies should focus on further cost reduction for its management to be more efficient and firmer," said Oyama.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Oyama said implementation of the GST beginning April 2015, would have a huge impact on businesses in Malaysia as experienced in Japan previously.</p></div>

<div class=newsTextDataWrapInner><p>Aeon Co Ltd owns 51% in Aeon Co (M) Bhd.</p></div>


KUALA LUMPUR (Oct 15): Malaysia's proposed goods and services tax (GST) may prompt retailers to sell new product types to sustain profitability, according to Japan-based Aeon Co Ltd Asean Business CEO Nagahisa Oyama.

Oyama said in a press conference during the MRCA Retail Conference 201...

Malaysia GST may prompt retailers to sell new products - Aeon   

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