KUCHING, Dec 28: For businesses to pick up their pace after the impact of Covid-19, the Sarawak government should be reducing or absorbing quit rent for 2023 and not increasing it, says Parti Bumi Kenyalang (PBK) president Voon Lee Shan.
He said the decision to increase quit rent by the Sarawak Land and Survey Department which will take effect on Jan 1, 2023 is not justifiable due to the present economic situation, especially when the people have weak purchasing power.
“How could business people who own property be able to make money to pay the increased quit rent when the people in the market has weak purchasing power?
“It is observed that some goods and services in many places in Sarawak are more expensive by at least 10 to 20 per cent than in Peninsular Malaysia,” he said in a statement today.
Voon is also wary of the domino effect that may befall many industries should local businesses fail to stand back on their feet due to increased financial burden. — DayakDaily