Home > News > Nation
Tuesday January 21, 2014 MYT 12:00:00 AM
Tuesday January 21, 2014 MYT 9:02:32 AM
PETALING JAYA: A monitoring mechanism must be in place to ensure that cost savings are passed on to customers once licensing fees for hawkers and petty traders are waived, said MCA vice-president Datuk Chua Tee Yong.
Chua agreed with Prime Minister Datuk Seri Najib Tun Razak’s suggestion that local councils abolish the trade licence fee for hawkers and petty traders to create more micro-entrepreneurs and to supplement their income, but said monitoring was necessary to ensure that consumers benefited from it.
“It is common now that due to the nature of work, most people tend to eat out. As such, one of the inflationary pressures or expenditures that would hit the people’s pockets directly is the price increase of food and drinks by hawkers and at food courts.
“More so, there is a disconnection for consumers as the consumer price index (CPI) that is a barometer for inflation does not take into account effectively the price increases of hawker food and drinks,” he said in a statement yesterday.
Chua suggested the Government look into regulating the rental of food centres or providing them with tax incentives for both commercial or government buildings.
This will ensure hawkers and petty traders have a lower cost of business and, in return, be able to charge lower prices for goods.
“The Government should monitor the rental of the food centres to ensure the rental is maintained at a reasonable rate.
“This will assist the rakyat especially those in the middle and lower income on a long-term basis as food is consumed daily,” he added.
Tags / Keywords:
Family & Community, PM, Tee Yong, hawker, petty traders licensing fees
Six families living in dilapidated houses
A sad farewell
Govt mulls '30% Club' to nurture women decision-makers
RM250 for a ride to hospital
MH17: Remains of two more Malaysians brought home
Selangor MB crisis: Palace sends out letter appointing Azmin
Selangor MB crisis: Khalid bids farewell to state secretariat staff
Selangor MB crisis: Accept Sultan's choice, Dr M says
Selangor MB crisis: Azmin says has full PKR backing
Selangor MB crisis: No official invite from palace yet, says Azmin
Khalid Ibrahim: I will continue to serve as MP
iPhone 6 gets luxury cases from By Atelier
Epic solo hike from Mexico to Canada
Anwar loses economic advisor job
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)