Food traders allowed to increase prices, but no profiteering, says deputy minister

0
59

KUCHING: Following the rising costs of uncooked supplies, meals traders are allowed to increase their promoting costs so long as there are no components of profiteering, says Datuk Rosol Wahid.

The Deputy Domestic Trade and Consumer Affairs Minister mentioned there have been complaints and grievances from traders who mentioned the costs of meals objects had to be elevated as the prices of uncooked supplies have skyrocketed.

“Obviously, traders need income. They (traders) might increase (promoting) costs but their income should not be excesssive.

“We held engagement classes, and the ministry takes care of the buying and selling side in addition to customers. We need traders to do enterprise ethically and we are not looking for customers to be deceived,” he informed reporters right here Friday.

Rosol mentioned this after reviewing the implementation and compliance of the Malaysian Family Maximum Price Scheme on the Stutong Community Market right here, which started on Dec 7, 2021, and ends on Feb 4.

Also current on the occasion have been the ministry’s enforcement director Azman Adam and Kuching South City Council mayor Datuk Wee Hong Seng.

Meanwhile, on the issue of rising costs of rooster that’s anticipated to be solved as soon as the worth management scheme ends, Rosol mentioned his ministry and the Agriculture and Food Industries Ministry have issued greater than 20 accepted permits (APs) to stability costs available in the market.

With regard to the worth management scheme, Rosol mentioned the federal government will reevaluate the costs of products in addition to inflation based mostly on enter from the Statistics Department, Finance Ministry, and the Agriculture and Food Industries Minister earlier than deciding on whether or not or not to lengthen it. – Bernama



Source link