Tag Archives: Price

KUALA LUMPUR, Oct 27 (Bernama) — The Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) plans to set up a special court to handle cases under the Price Control and Anti-Profiteering Act. Its deputy minister, Datuk Seri Ahmad Bashah Md Hanipah, said the move would be necessary in …

Felda urged to cut house prices for T'ganu settlers This is to ensure price of housing was affordable to the second generation settlers Felda urged to cut house prices for T'ganu settlers

The price of RON95 petrol is likely to stay at RM2.30 a litre until June next year, said Deputy Finance Minister Ahmad Maslan. He said the petrol subsidy rationalisation exercise was unlikely until the Domestic Trade, Cooperatives and Consumerism Ministry implemented the targeted fuel subsidy mechan …

KUALA LUMPUR, Oct 13 (Bernama) — The Malaysia Competition Commission (MyCC) today reiterated its warning that school bus operators are to independently decide on fares and not fix the structure together, as such behavior is against Section 4 of the Competition Act 2010. In a statement, Chairma …

Deepavali canopy price is exorbitant, lament traders 'MPK can always provide the tents for rental and not force traders to buy them.' Deepavali canopy price is exorbitant, lament traders

PM under pressure to make budget cuts Economists expect GST and fuel price hike to push inflation up to 4pct. PM under pressure to make budget cuts

The fuel price increase in Malaysia despite its reduction in other parts of the world shows that the people suffer when Pakatan Rakyat is weak, says Penang Chief Minister Lim Guan Eng. "When BN wins, these are the policies that are going to be made," he said. "Here, we should remind o …

KUALA LUMPUR, Sept 30 (Bernama) — The Malaysia Competition Commission (MyCC) today issued a proposed decision in relation to a price fixing agreement between 24 enterprises which are members of the Sibu Confectionery and Bakery Association (SCBA). The 24 enterprises were found infringing Secti …

LABUAN, Sept 26 (Bernama) — A study conducted by the Domestic Trade, Consumers and Consumerism Ministry (MDTCC) found that the 96 wet items were sold at higher prices in Labuan than in Kuala Lumpur, Putrajaya and Kota Kinabalu. However, the prices of 91 other wet items were found lower than in …

FREE: Price movements were prompted by a combination of factors, including foreign exchange rates, cost of services, and supply and demand, apart from taxes, says Deputy Finance Minister Chua Tee Yong on the impact of GST. Chua says GST not the only factor that would affect priceswww.kinibiz.comThe …

Unfortunately for FGV, the price of crude palm oil (CPO) as reported by the Malaysian Palm Oil Board (MPOB) continued its downward slide to close at RM1,977 per tonne yesterday. FGV ‘likely to make losses’ if palm falls below RM2,000www.kinibiz.comAnalysts predict a turn to losses for Felda Global V …

PUTRAJAYA, July 3 (Bernama) — The government will take stern action those who increase prices after the implementation of the Goods and Services Tax (GST) on April 1, 2015, says Finance Ministry Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah. He said those who sell goods and provide …

From Zarul Effendi Razali KOCHI (India), July 2 (Bernama) — The Ministry of Plantation Industries and Commodities is looking to adapt the Indian Rubber Board’s (IRB) strategies in facing the global weakness in rubber prices. Its minister, Datuk Amar Douglas Uggah Embas said that he was i …

KUALA LUMPUR, May 9 (Bernama) — The price control scheme will be implemented one week before Gawai Day is celebrated on May 31 in Sabah and Sarawak. Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hasan Malek said today 12 items are placed under the price control scheme to mar …

KUALA LUMPUR, April 29 (Bernama) — Westports’ share price was flat at RM2.51 as at lunch break today, after opening at RM2.50 and with 250,000 shares transacted. In a note, Maybank Investment Bank (IB) Research said the stock had been flattish since listing in October 2013, due to the P3 …