Saifuddin: Stern action against retailers who raise price during CNY
PUCHONG: Domestic Trade and Consumer Affairs Ministry (KPDNHEP) will take stern action on sellers who hike up prices indiscriminately to take advantage of the upcoming Chinese New Year celebration.
Its minister, Datuk Seri Saifuddin Nasution Ismail said that more than 2,300 enforcement officers from the ministry will conduct checks at all business premises to ensure traders comply with the price control scheme and do not engage in profiteering.
“The ministry will not compromise with traders involved in profiteering or those who failed to comply with the Chinese New Year Festive Season Price Control Scheme on 16 essential items , which comes into effect on Jan 20 until Feb 2.
“Consumer with information on profiteering by traders should lodge lodge complaints with the ministry or WhatsApp to 019-2794317,” he said in a statement yesterday.
He was commenting on report from Penang Consumers’ Association on the recent increase vegetable prices.
Saifuddin said the ministry has instructed its officers to visit the business premises concerned and take necessary action against the errant traders.
“Traders found to have increased the price of their goods indiscriminately will face strict action in accordance with the the Price Control and Anti-Profiteering Act,” he said.
By Irman Hashim
