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Domestic Trade Ministry to monitor price fluctuations as sugary tax announcement triggers market fears

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KPDN News

Sugar Tax

KUALA LUMPUR, Oct 25 — The Ministry of Domestic Trade and Cost of Living (KPDN) has a calculation method throughout the supply chain that enables it to detect attempts by...

As case ruling looms, ‘sorry’ Najib says already ‘punished politically’ and unfair to hold him legally responsible for 1MDB scandal

Here are five things Putrajaya can do for stateless persons after ‘one step forward, one step back’ citizenship Bill, international groups sayKPDN will not hesitate to take action against any party taking advantage of raising prices, including on sugary products.

“Therefore, I made a statement that the price of sugar did not increase. So, it means if you make cakes with the sugar we have now, it won’t increase. We need to give a firm warning not to take advantage because the KPDN knows the costs along the entire supply chain,” she said. Meanwhile, Fuziah said that price monitoring is carried out by KPDN every day involving 990 price monitoring officers.

 

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