Ministry listed 18 items under price control for Deepavali

Oct 15, 2016
Chicken and mutton are among 18 consumer items listed under price control for Deepavali festival by the Domestic Trade, Cooperatives and Consumerism Ministry.
Chicken and mutton are among 18 consumer items listed under price control for Deepavali festival by the Domestic Trade, Cooperatives and Consumerism Ministry.

The Domestic Trade, Cooperatives and Consumerism Ministry has listed 18 items under the Festive Season Price Control Scheme in conjunction with Deepavali celebration on Oct 29.

The price control scheme would be enforced for 14 days, from Oct 19 to Nov 1.

He said the items were live chicken, standard chicken, super chicken, chicken eggs grade A, B and C, local boned mutton, imported boned mutton, imported boned mutton thigh and imported boneless mutton thigh.

Bernama reported that other items are tomatoes, red chilli, coconut, grated coconut, shallots (India), imported onions, potatoes (China) and lentils (Australia).

Minister Hamzah Zainudin told a press conference to announce the list on Friday, adding that traders were required to use pink price tags for the price controlled items, which must be sold lower than the maximum prices set.

Traders who failed to put pink price tags for price controlled items could be fined up to RM10,000 or compound up to RM5,000 while the company to a fine of RM20,000 or compound up to RM10,000.

The scheme is implemented under the Price Control and Anti-Profiteering Act 2011 which provides a maximum fine of RM100,000 and imprisonment not exceeding three years for individuals and a fine of RM500,000 or compound up to RM50,000 for companies that failed to comply with the stipulated price.

The ministry’s 2,600 enforcement personnel with public cooperation nationwide would carry out price monitoring prices to protect consumers from unethical traders.

Consumers and traders could check the prices of the goods at the ministry’s website www.kpdnkk.gov.my.