According to a summary of a report compiled by euromonitor.com for Malaysia, the trend for sauces, dressings and condiments in the country in 2015 hardly changed and continued to remain essential despite the introduction of the 6% Goods & Services Tax (GST) earlier in 2015. In fact, as the GST raised prices for most items, home cooking, as opposed to eating out, became de rigueur as consumers needed to compensate for the price hikes. Due to this, consumers switched to cheaper brands, forsaking the need for quality with regards to their cooking ingredients.
We at MCM are well aware of the situation and the prices for our sauces remain competitive with other more well-known brands, despite the 6% GST rate. At the same time, we have not compromised the quality of our sauces in order to compensate for the increase in prices.
Check out our sauces on MCM's Brand Street e-store at Dinasou.com.
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