Price hike issue: Strict enforcement needed in supply chains - academic

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Lecturer says enforcement needed in every stage from manufacturers to final sellers.

Reliance on middlemen who dominate the market is often the cause of the exorbitant increase in prices of goods in the country, said Universiti Malaysia Terengganu's Business, Economics and Social Development Faculty's lecturer, associate professor Roshaiza Taha.

In this regard, Roshaiza proposed strict enforcement be imposed on every stage of the supply chain, from the manufacturer to the final trader, to address the issue...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Panel to review ceiling price for affordable housing | The Malaysian InsightDeputy minister says this is in light of Covid’s impact on people’s financial wellbeing.
Source: msianinsight - 🏆 8. / 63 Read more »

Spike in prices of fertiliser, pesticides to be blamed for vege price hike | New Straits TimesKUALA LUMPUR: The spike in prices of fertilisers and pesticides used in farming led to the increase in prices of vegetables in the country. Wahhhhhhh
Source: NST_Online - 🏆 17. / 53 Read more »

Beijing warns US will ‘pay the price’ for Olympics diplomatic boycott | Malay MailBEIJING, Dec 7 — China warned today the United States would “pay the price” for a diplomatic boycott of the Beijing Winter Olympics over human rights concerns. The US move — which stopped short of preventing athletes from attending — comes after Washington spent months wrangling over...
Source: malaymail - 🏆 1. / 86 Read more »

Maximum price control scheme kicks off today | New Straits TimesSEBERANG JAYA: The Keluarga Malaysia Maximum Price Control Scheme (SHMKM), which takes effect from today until Dec 31 saw traders in the state adhering to the prices set for 12 daily essentials. No max prices were indicated. So how do consumers know they hv been overcharged?
Source: NST_Online - 🏆 17. / 53 Read more »

Issues on rising price of goods focus of Dewan Rakyat on Tuesday (Dec 7)KUALA LUMPUR: The issues related to the rising prices of basic necessities faced by the people are among the highlights of the Dewan Rakyat sitting on Tuesday (Dec 7).
Source: staronline - 🏆 4. / 75 Read more »

Anwar flays govt inaction over food price hikes | The Malaysian InsightOpposition leader questions why PM only chairing meeting on issue on Thursday.
Source: msianinsight - 🏆 8. / 63 Read more »