Price hikes ahead: Businesses must adapt to stay competitive

TheStar Sat, Jun 21, 2025 12:00am - 1 month View Original


FMM president Tan Sri Soh Thian Lai.

AS much as possible, businesses should not rely on subsidies, nor should they operate under the assumption that the prices of goods and services they pay for will remain unchanged for years or decades.

Simply put, businesses cannot know whether they are truly competitive unless they operate under conditions where prices reflect their market value.

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