Job Offers

Specials more

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Ministry warns Malaysian traders to comply with price control laws

The Domestic Trade and Cost of Living Ministry has warned Malaysian traders to comply with the Price Control and Anti-Profiteering Act 2011 (PCAPA). A spokesperson for the Profiteering Control Unit and Industry Compliance Division commented on a statement by the Consumers Association of Penang (CAP), claiming that vegetable prices had gone up more than 160% in the past month.

Its president, Mohideen Abdul Kader, said last week that the price of okra had increased from RM6 per kg to RM16 per kg, a rise of 166%. He added that other vegetables that had increased in price were long beans, which rose from RM6 per kg to RM12 per kg (100%), tomatoes from RM4.50 per kg to RM10 per kg (120%), green beans from RM6 per kg to RM12 per kg (100%) and eggplant from RM7 per kg to RM12 per kg (71%).

While the Ministry does not deny that there has been a rise in the prices of vegetables in Penang, it said conditions are still stable.

[ RM1 = €0.22 ]


Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.

Click here for a guide on disabling your adblocker.