(Miri, 20th) The Malaysia Domestic Trade and Cost of Living Ministry (KPDN) will implement a 15-day price ceiling measure for controlled goods from the 24th of this month to the 7th of April, in conjunction with Hari Raya.
During this period, merchants must not sell goods above the price ceiling, and controlled goods must be labeled with pink price tags to ensure ample market supply and use approved scales for weighing.
Any merchant selling controlled goods above the price ceiling, if convicted, can be fined up to RM100,000 or imprisoned for up to 3 years, or both, while companies can be fined up to RM500,000.
Furthermore, merchants failing to place pink price tags on controlled price goods, if convicted, can be fined up to RM10,000, while companies can be fined up to RM20,000.
Merchants failing to list prices can be fined RM50,000 for individuals and RM100,000 for companies.
If any merchant is found not complying with this measure, consumers can report via Whatsapp at 019-8488000, hotline 1800 886 800, complaint webpage http//eaduan.kpdn.gov.my, mobile app Ez ADU KPDN, or Miri branch phone: 085-412862, or fax 085-411862.
During this period, merchants must not sell goods above the price ceiling, and controlled goods must be labeled with pink price tags to ensure ample market supply and use approved scales for weighing.
Any merchant selling controlled goods above the price ceiling, if convicted, can be fined up to RM100,000 or imprisoned for up to 3 years, or both, while companies can be fined up to RM500,000.
Furthermore, merchants failing to place pink price tags on controlled price goods, if convicted, can be fined up to RM10,000, while companies can be fined up to RM20,000.
Merchants failing to list prices can be fined RM50,000 for individuals and RM100,000 for companies.
If any merchant is found not complying with this measure, consumers can report via Whatsapp at 019-8488000, hotline 1800 886 800, complaint webpage http//eaduan.kpdn.gov.my, mobile app Ez ADU KPDN, or Miri branch phone: 085-412862, or fax 085-411862.