Marketplace practices
Big Opportunities: Regulatory environment
The Regulatory
Environment
The Fight
Against
Contraband
Retailer’s
Code
GST implementation highlights
• 45 distributor entities and trade partners directly trained
• Engaged 1,000 internal and external stakeholders via GST
Roadshows in 8 regions
• All GAB distributors were GST-ready on time
Distributor feedback:
effective GST support
While distributors remain concerned about some aspects of
GST – particularly the challenge of maintaining lean stock
levels so as not to incur additional GST payments – they
complimented GAB's overall assistance through the transition.
Inaddition to thehands-on traininganddiscussions, distributors
appreciated GAB's assistance with tax documentation and
other GST-related issues both pre and post implementation.
GAB appreciates the efforts of the Royal Malaysian Customs to reduce the presence
of contraband beers. Enforcement initiatives stepped up in FY15, and numerous raids
conducted on illegal importers and retailers have been instrumental in helping with our
growth.
GAB will continue to engage with the authorities in order to tackle the growing market for
contraband beers. The availability of cheaply priced illegally imported beers continues to
be an issue. Industry, retailers and consumers must continue to support efforts that are
being made to fight the sale of contraband beers in Malaysia. These illicit products are
depriving the nation of significant tax revenue.
While GAB invests in social awareness campaigns, such as Drink Sensibly, we have
identified new opportunities to further support responsible drinking regulations and the
efforts of the Ministry of Health.
The Retailer’s code is a responsible alcohol sales practice code initiated by the
Confederation of Malaysian Brewers Berhad. The Code which is currently being developed
will set out guidelines for modern trade outlets, including hypermarkets, supermarkets and
convenience stores on their commitment to responsible retailing.
GUINNESS ANCHOR
BERHAD
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