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Malaysia Adopted Price Control on 12 Daily Necessities
2021-12-08

  According to Sin Chew Daily, Azman Adam, enforcement director of the Domestic Trade and Consumer Affairs Ministry (KPDNHEP), said that all units in the supply chain, including manufacturers, wholesalers, sellers and retailers, were urged to comply with the regulations, and stern action will be taken against traders under the Price Control and Anti-Profiteering Act 2011. Once convicted, the company may be fined not more than RM500,000, individuals may be fined not more than RM100,000, or imprisoned for not more than three years, or both.

  He said the listed necessities include live chicken, dressed chicken, whole dressed chicken (slaughtered and cleaned without its head, feet, heart and liver), Grade A, B and C eggs, long beans, red chili, tomato, sawi hijau, imported round cabbage (from Indonesia and China) and cucumber.

  He pointed out that about 1,000 price monitoring officers and 2,200 law enforcement officers of the Ministry will continue to go to the markets and department stores for supervision and  check, so as to safeguard the interests of consumers and avoid traders making additional profits. He said that so far, the Ministry has received about 23,000 complaints, including a sharp increase in complaints of traders who unreasonably raise the prices.

  The Vice Minister of Ministry of Agriculture and Food Industries(MAFI) believed that the prices of vegetables and chicken on the market have begun to decline due to the large amount of subsidies provided by the government, such as fertilizers, pesticides and feed, and hoped that the people will understand that rising prices are a global issue.

  He said that the government provided various subsidies to protect people from the pressure of rising prices during the COVID-19 pandemic.