Food traders allowed to increase prices, but no profiteering, says deputy minister

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KUCHING: Following the rising prices of raw materials, food traders are allowed to increase their selling prices as long as there are no elements of profiteering, says Datuk Rosol Wahid.

The Deputy Domestic Trade and Consumer Affairs Minister said there were complaints and grievances from traders who said the prices of food items had to be increased as the costs of raw materials have skyrocketed.

"We held engagement sessions, and the ministry takes care of the trading aspect as well as consumers. We want traders to do business ethically and we do not want consumers to be deceived," he told reporters here Friday. Also present at the event were the ministry's enforcement director Azman Adam and Kuching South City Council mayor Datuk Wee Hong Seng.

 

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