Price control in Malaysia for Chinese New Year
Putrajaya, the third Federal Territory of
Malaysia, plans price control on 17 goods in conjunction with the Hari Raya,
Deepavali and Chinese New Year celebrations
15 types of goods are placed under the control scheme,
including standard chicken, super chicken, local beef, imported buffalo meat,
imported mutton with bones (sheep), imported mutton (sheep) without bones
excluding thighs, eggs (grade A,B,C). Two new items included under the scheme
for the Chinese New Year
are White Pomfret
and large white shrimps.
regulations will run for 53 days, compared to four months last year. Domestic
Trade and Consumer Affairs Minister Datuk Mohamed Shafie Apdal said the move to
shorten the period was made following complaints from suppliers and traders who
were affected by the control period.
He said the prices were fixed according to the national
inflation movement at 3.8%. He warned traders not to raise the prices of goods
indiscriminately. He advised consumers to be careful of the prices tagged on the
goods to ensure they were not cheated.
To comment, login here
Or register to be able to comment.