Tag - Economy

Malaysia: Higher tobacco taxes can benefit health, economy

According to the National Health and Morbidity Survey 2019, 21.3 per cent of adults aged 15 and above, or 4.88 million Malaysians, are smokers, with a higher percentage of male smokers. Malaysia has spent about RM15 billion (1.7 per cent of 2012's gross domestic product) on tobacco-related healthcare costs. Despite the evidence of significant potential...