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"I actually thought that it would be a little confusing during the same period of your life to be in one meeting when you're trying to make money, and then go to another meeting where you're giving it away."
Bill Gates

Meshio.com

a Malaysia personal finance blog

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Time for Gudang Garam?

Another hike on cigarette tax. I guess sales for Gudang Garam is going to take a significant hike too!

“This huge tax hike, which is eight times the level of inflation, will no doubt further encourage consumers to down-trade to illegal and exceptionally low-priced cigarettes.”

An analyst at TA Securities said: “Such increases usually happen during the budget presentation. I didn’t expect it to be in-between budgets.”

The Star Online





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  • ali allah ditta
    Go for ROKOK DAUN or CURUT or BIDI instead......

    cheers.
  • Hey Ali, thanks for the tips! Any good sources for those? I don't smoke, but I guess it's a good tip for smokers!

    By the way, what are the nicotine percentage in those "replacements" you suggested?

    Like they always say, the smokers will always find a way to justify the price of the cigarettes...
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