Domestic Trade Ministry to implement scheme to stabilise price of essential goods


PETALING JAYA: Following reports of the increase of the price of goods, the Domestic Trade and Consumer Affairs Ministry will implement the Keluarga Malaysia Maximum Price Scheme to stabilise the price of essential goods and to ensure the availability of supply in the market.

Its Minister Datuk Seri Alexander Nanta Linggi (pic) said this scheme would take effect from Dec 7 to 31.

He said it would involve price controls on live chicken, standard chicken, super chicken, eggs grade A, B and C, long beans, red chilli, tomatoes, choy sum, imported round cabbage from Indonesia and China (except Beijing) and cucumber.

"It is hoped that these measures will work out smoothly and will help stabilise the prices in the market.

"The announcement of the pricing of these items will be made in the near future, in which the pricing for chicken and eggs will be carried out at the farm, wholesale and retail levels while for vegetables, the price controls will be set at the wholesale and retail levels," he said in a statement on Friday (Dec 3).

Alexander added that the list of items would be continuously reviewed and items would be added or dropped based on the market situation.

"All parties throughout the entire supply chain from the manufacturers, wholesalers, distributors, and sellers are advised and are warned that stern action will be taken for failure to adhere to this scheme, as well as other essential goods," he said

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