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    03 August 2012| last updated at 01:49AM

    Price control starts Aug 12

    By NANCY NAIS | nancynais@nst.com.my

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    FAIR TRADE: Pink tags to be displayed on 20 items

     PUTRAJAYA: TWENTY food items have been placed under the price control scheme for two weeks beginning Aug 12 for Hari Raya Aidilfitri.

    Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said the price control would be enforced in 89 districts in Peninsular Malaysia, 32 in Sarawak, 24 in Sabah and one in Labuan.

    "Traders are required to display pink price tags for the affected food items," Ismail said yesterday.

    The items listed are the same as last year, he said, but the ceiling prices might differ.

    The items are live chicken (RM5.70 per kg), standard chicken (RM6.80 per kg), dressed chicken (RM7.60), Grade A chicken egg (35 sen each), Grade B chicken egg (34 sen each), Grade C chicken egg (33 sen each), local beef (RM22 per kg), imported beef (RM24 per kg), local buffalo meat (RM21 per kg), imported buffalo meat (RM13.50 per kg), red chillies (RM10 per kg), tomatoes (RM4.50 per kg), imported round cabbage (RM3.20 per kg), grated coconut (RM6 per kg), imported groundnuts (RM6.50 per kg), import red onions (RM5 per kg), imported big onions (RM2.50 per kg), imported garlic (RM7.50 per kg), imported potatoes (RM3 per kg) and mackerel (RM12 per kg).

    "Traders caught selling above the ceiling price will be penalised under the Price Control and Anti-Profiteering Act 2011."

    Ismail said under the act, individual offenders could be fined up to RM100,000 or jailed three years or both, while companies could be fined up to RM500,000.

    Individuals who failed to display the pink price tags for the controlled items could be fined up to RM10,000, while companies found guilty of the same offence could be fined up to RM20,000.

    He advised consumers to inform the authorities if they found traders selling any of these items above the ceiling price.

    Ismail said the scheme was implemented so that consumers could obtain goods at reasonable prices during the festive season.

    "It is also to restrict the prices of essential goods from going up. Traders should comply with the ruling and practise ethical business."

    He said his ministry would closely monitor the prices in various locations.

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