Study: KL Is World's 7th Most Expensive City to Buy Beer, Even Before Govt's 10% Excise Duty Hike - WORLD OF BUZZ

Study: KL is World's 7th Most Expensive City to Buy Beer, Even Before Govt's 10% Excise Duty Hike - WORLD OF BUZZ

During the recent presentation of Budget 2026, Prime Minister Datuk Seri Anwar Ibrahim revealed the government’s plan to hike up prices of alcohol to encourage Malaysians to pursue a healthier lifestyle, by raising the excise duty on liquor products by 10%, effective 1 November 2025 (Saturday). With that being said, alcoholic products will be getting more expensive in Malaysia. This image is for illustration purposes only. But, did you know that…

Beer stocks dip on upcoming 10% excise duty hike

Heineken Malaysia and Carlsberg Brewery Malaysia’s shares saw a small decline today following the budget announcement last Friday.