Malaysia boosts tax on sugary beverages | World Business Watch | WION News

Malaysia's health ministry has unveiled plans to introduce a new tax on sugar-sweetened beverages as part of the upcoming budget. This tax, known as the SSB tax, builds on the previous increase from 40 sen to 50 sen per litre implemented in budget 2024. The initial hike successfully contributed to a 9.25% reduction in sugary drink consumption nationwide, underscoring the effectiveness of fiscal measures in influencing public health behavior.
#malaysia #tax #worldnews
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
Subscribe to our channel at goo.gl/JfY3NI
Check out our website: www.wionews.com
Join our WhatsApp Channel: bit.ly/455YOQ0
Connect with us on our social media handles:
Facebook: / wionews
Twitter: / wionews
Follow us on Google News for the latest updates
Zee News:- bit.ly/2Ac5G60
Zee Business:- bit.ly/36vI2xa
DNA India:- bit.ly/2ZDuLRY
WION: bit.ly/3gnDb5J
Zee News Apps: bit.ly/ZeeNews...

[@IOSARBX]

WION, this is sick

[@iamtg1]

Good move. 👍

[@gtl1645]

Its about time 🎉🎉