Rising prices of foodstuffs and goods: Minister of Internal Trade and Consumer Affairs says solution will be found within a month | Malaysia


Home Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said that as a short-term solution, KPDNHEP is introducing family sales in Malaysia which will offer basic necessities at prices up to 20% lower than prices. market price. – Photo by Bernama

KUALA LUMPUR, December 2 – Minister of Internal Trade and Consumer Affairs (KPDNHEP) Datuk Seri Alexander Nanta Linggi has said that the ministry has one month to find a comprehensive and comprehensive solution to the rising prices of goods and food.

He said that for a short-term solution, KPDNHEP is introducing Malaysia Family Sales which will offer basic necessities at prices up to 20 percent below market prices.

Nanta said his team plans to organize this in stages in each of the 222 parliamentary constituencies across the country.

“For now, the ministry is proposing to run the sales twice a month, however, there have been requests that we have them more frequently. The Malaysia Family Sales will be a short-term measure so that consumers can visit such places to make their buyers at a lower price than the market.

“We have to see how we can overcome this problem in the long term. We fear that if we don’t have a long-term solution, these (price increases) could happen at any time, ”he said in an interview on TV1. Selamat Pagi Malaysia, who today discussed the topic of KPDNHEP’s 100-day Aspirasi Keluarga Malaysia (Malaysian Family Aspiration)

Family sales in Malaysia will be launched by Prime Minister Datuk Seri Ismail Sabri Yaakob at Dataran Perpustakaan Lembah Pantai here at 5 p.m. today.

Nanta said the increases in the prices of goods and food are caused by several factors. Among them are business activities such as eateries and eateries which have become fully operational again, leading to a sharp increase in demand for commodities.

“Another factor is the decline in vegetable production in Cameron Highlands, Pahang due to the end of the monsoon. Then there is the shortage of foreign labor in the industry which affects production activities.

“We also understand that there are imported vegetables that also sell for high prices,” he said.

In another development, Nanta said the KPDNHEP is urging those who have lost their jobs or businesses due to Covid-19 to venture into the franchise business. The potential of this industry is huge as it is based on an existing business and is easy to start as it has a large market.

“… to open a branch (franchise) for example, we (KPDNHEP) can help, as we received an allowance within the budget to expand the franchises,” he added. – Bernama


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