Council headed by PM to monitor supply and prices of essential goods

The STAR online

Saturday January 12, 2008 

KOTA KINABALU: A high-powered council to monitor the supply and prices of essential commodities has been set up. 

Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal said the Cabinet had agreed to the setting up of the council headed by the Prime Minister. 

“Council members will comprise representatives from various ministries,” he said after a briefing and dialogue about the price increase of goods for civil servants here yesterday. 

Earlier in his speech, Shafie said efforts were under way to enhance co-ordination among the various ministries to ensure enough supply of price-controlled goods. 

“My ministry can fix the prices of certain goods such as cement but production and supply of this commodity comes under another ministry,” he said. 

Shafie said despite concerns about escalating costs of goods, the prices of a majority of essential items in Malaysia were still lower than many other countries. 

Citing an example, he said sugar still cost RM1.45 per kilo and there had been no change in the price for the past 15 years. 

On another matter, Shafie said his ministry was keeping a lookout for fishermen selling subsidised diesel. 

“We are keeping a close eye on fishermen who buy large amounts of subsidised diesel while their catch is negligible,” he said.


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