Ministry of Domestic Trade reviewing the list of types of goods for the holiday season price control regime

Ministry of Internal Trade and Consumer Affairs (MDTCA) is reviewing essential goods needed to be listed in the price control system, its Minister Datuk Seri Alexander Nanta Linggi has said.

As such, he said, the types of goods to be listed for maximum price schemes for the festive season in conjunction with Aidilfitri could be lower or higher.

However, he said, the list of items would be based on people’s need to prepare for the festival.

“Now that the price control system for chicken and eggs has been implemented, Aidilfitri will add various other elements for price control. The list will be announced soon,” he told a press conference after chairing the 20th anniversary celebration of the Enterprise Commission Malaysia (SSM) at Menara SSM here today.

Apart from this, he said, the ministry was ready to assist the Ministry of Transport in addressing the issue of rising air and bus ticket prices, especially with the upcoming celebration of Aidilfitri. .

Yesterday, media reported that the express bus fare will be increased by almost 10% to 10.2 sen per kilometer from the end of this month ahead of Aidilfitri celebration.

Earlier in his speech at the opening of the event, Nanta said in the two decades of SSM’s establishment, more than 8.5 million businesses; 31,168 limited liability companies (LLPs) and 1,446,196 corporations were registered as of March 31 last year.

He said the ministry and the SSM were optimistic about the increase in the number of business and enterprise registrations this year, in line with the recovery of the economic sector, as well as the current transition to the endemic phase. . — Bernama


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