Alcohol levy cut saves 150 KBL jobs

The consultative process on the review of the alcohol levy and liquor trading hours is a two-ministry approach led by Health and Wellness, which is looking specifically at the levy, while Investment, Trade and Industry is focussed on the trading hours.

However, this week, the trade ministry announced the immediate reduction of the levy from about 55% to 35%, by way of adjustments made to the Control of Goods, Prices and Other Charges Act. The Ministry also removed restrictions on the operation of liquor outlets such as bottle stores, wholesalers and distributors from certain areas.