Saturday, September 6, 2025
  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zoneUpdated
    • ViewnetUpdated
    • Sri ComputersUpdated
    • StartecUpdated
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Enterprise

PIKOM: ICT Sales Expected to Plummet by up to 30% Once GST is in Effect

by Andrew Cheng
March 24, 2015
Share on FacebookShare on Twitter

Cheah Kok Hoong-PIKOM ChairmanPIKOM Chairman, Cheah Kok Hoong

The National ICT Association of Malaysia (PIKOM) has shared its view of the ICT sector in Malaysia once the Goods and Services Tax (GST) is implemented on the 1st of April 2015. According to the association, we can expect to see up to 30% drop in sales once GST hits.

Needless to say, that’s a pretty big drop. PIKOM is expecting the price of hardware, software, and even services in the ICT sector to increase, which will definitely affect sales.

We estimate that the next six months will see a general ‘dip’ in the purchases of hardware and gadgets such as smartphones, PC, laptops, printers and other peripherals by households and consumers…Overall, we anticipate a drop of up to 30% in the market. – PIKOM Chairman, Cheah Kok Hoong

budget-android-battle-2

hybrid-laptops-feature-17

PIKOM, however, is optimistic that the market will recover over time. The association believes that the new tax system will eventually be accepted as part of business costs and processes, and said that sales will eventually return to normal in the long run.

Even though PIKOM is estimating a drop of 30% once GST hits, it still believes that Malaysia’s ICT sector will generate RM95bil in revenue by 2017. However, at the end of the day, the consumers will be the determining factor.

Filed Under gstgst in malaysiapikom
Updated 6:18 pm, Tue, 24 March 15
https://lowy.at/oxZ8S
Share2Tweet1SendShare

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

No Result
View All Result

TRENDING THIS WEEK

  1. 1
    Transportation

    East Klang Valley Expressway (EKVE) Opens; Toll-Free Travel Until 29 September 2025

  2. 2
    Automotive

    BYD Teases New EV For Malaysian Market

  3. 3
    News

    Xiaomi Recalls 33W Power Bank 20,000mAh In Malaysia

  4. 4
    Hardware

    Microsoft Says SSD Failures Not Linked To Windows Updates

  5. 5
    Mobile Phones

    Sony Explains Manufacturing Issues Of The Xperia 1 VII

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Miss Murai
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Compu-zone
    • Viewnet
    • Sri Computers
    • Startec
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2025 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.