'GST and hikes in 2015 to impact economy'

The upcoming Goods and Services Tax(GST) as well as other possible hikes in commodities would have an impact on the Malaysian economy, a chambers warned today.<br /><br />The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) said today that possibilities of fuel subsidy abolition and an increase on electricity fees would all have impacts on Malaysia's economy next year.<br /><br />The ACCCIM even estimates that the inflation may shoot up to more than four percent in 2015.