Hike in prices of goods not due to cartels, says deputy minister | Malay Mail

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Hike in prices of goods not due to cartels, says deputy minister

KUALA LUMPUR, Oct 21 — The hikes in the prices of goods are not caused by cartels but due to the inefficiency of supply chains, said Deputy Minister of Domestic Trade and Consumer Affairs Datuk Rosol Wahid.

“Similarly, goods from Johor for sale in Negeri Sembilan must come here . The study also found that mackerel were passed through seven to eight middlemen. Imagine, if one level of middleman takes a 20 per cent profit. So, by how many per cent will the price go up? He said in order to reduce the impact of price increases especially in rural and interior areas, KPDNHEP had implemented various initiatives including a price standardisation programme and essential goods distribution programme such as rice, cooking oil, flour, sugar, diesel, RON95 petrol and liquefied petroleum gas as well as community drumming.

“Overall, to date, over 1.23 million rural and interior residents benefited from this programme through a RM200 million allocation annually,” he said.

 

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You're right Mr Minister not because of the cartel. Its was caused by the stupid government and all his ministers

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