Govt mulls abolishing law after requests by businesses


Special gift: Hamzah presenting duit raya to orphans at the Hari Raya open house by MyIPO in Kuala Lumpur. Looking on are MyIPO chairman Datuk Abdul Manan Ismail (next to Hamzah), deputy director (corporate) Shahar Osman (right) and MyIPO COO Datuk Shamsiah Kamaruddin.

KUALA LUMPUR: The Government is looking into the possibility of abolishing the Price Control and Anti-Profiteering Act 2011 following requests by businesses that claim that the Act has shortcomings.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Hamzah Zainuddin said his ministry has been given until December this year to engage stakeholders in the industry and consumers in a study.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

News , bureaus

   

Next In Nation

Teacher feared drowned while fishing in Sungai Pahang
Law on fake info, RFID inefficiencies among focus of Parliament today
Mohd Hanis family to seek legal action after fatal collision with reversing lorry in Bangsar
Why some motorcyclists don’t stick to their lanes
Amendments to Kelantan’s Syariah Criminal Code to be tabled next year
Veggie prices soar in bad weather
Local Tamil wordsmith Muniandy dies
Punchy exchange between reps
Start-ups make a beeline to ministry’s booth for leg-up
Young heroes and shining stars recognised

Others Also Read