Price-gougers beware: Minister warns of stern action against profiteering at Ramadan bazaars


KUALA LUMPUR: Stern action will be taken against those who set unreasonable prices at Ramadan bazaars under the Rahmah Bazaar programme, says Datuk Seri Salahuddin Ayub.

The Domestic Trade and Cost of Living Minister said officers will conduct frequent inspections of vendors to ensure offered prices were reasonable with the average cost of materials.

ALSO READ: Raya worries over egg, chicken, veg prices

"Based on the data from the Agriculture and Food Security Ministry, we will be able to determine the acceptable price range that vendors should be setting for their products.

"Using this, our officers will monitor and advise vendors to set prices within the reasonable range and to not raise prices without any good reason.

"However, those found doing intentional profiteering or price gouging will have stern action taken against them without any compromise," he stressed after launching a Payung Rahmah initiative at a hypermarket here.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Nation

Ahmad Faizal to sit out state polls
State elections: Seat allocations in final stages ahead of dissolution of assemblies, says Zahid
PM Anwar congratulates King on His Majesty's birthday
King: Discard divisive rhetoric to build a stronger nation
State polls: Selangor Pakatan, Barisan reach agreement on 49 seats so far, says Amirudin
'Superman' to the rescue? Mat rempit being considered for Melaka motorcycle ambulance team
Umno general assembly will kick off campaigning for upcoming state elections, says Ahmad Maslan
DAP respects Umno Youth's decision not to invite component parties to assembly
Two sisters drown in a river in Sepang, would-be rescuer still missing
11 motorcyclists nabbed in Ipoh during special op

Others Also Read