Price Control and Anti-Profiteering Act? Really? Why then are we paying RM2 for a cuppa?


Price Control and Anti-Profiteering Act? Really? Why then are we paying RM2 for a cuppa?

Bravo! The amendment to the Price Control and Anti-Profiteering Act bill has been tabled for first reading.

Wait! Not so fast! So, what good will it do?

“We already have the law but has anything changed for the better for consumers?” Gerakan Deputy Speaker Syed Abdul Razak Alsagoff asked.

“If the Act had any good, why is it that we are paying between RM1.80 and RM2 for our cuppa now in our plain and traditional coffee shops in the Klang Valley?”

He said there would be some who asked why not complain about the prices of coffee and tea in Starbucks, Coffee Bean, Gloria Jean and others, including Old Town White Coffee?

“Well, that’s another cup of tea, my friend. For the rich and filthy rich. We are talking about non-air-condtioned coffee shops and hawker centres that are frequented by the poor and middle income Malaysians,” he added.

Really, how much is the cost of a cuppa? Be it black or with milk.

Syed Razak, who s Gerakan’s nominee to contest N.37 Bukit Lanjan in the coming 14th General Election (GE14), said coffee shops and hawker centres were the biggest “profiteering” culprits.

“At the slightest excuse or opportunity, they raise prices without caring a damn. It has come to a stage where consumers should protest and boycott ordering of drinks in a coffee shop or hawker centre.

“Just order food. What can the coffee shop or hawker centre operator do?” Problem, call the police. We have the democratic right to order what we want and what we don’t want.

“Tell that to the food hawkers who rent space at the coffee shop or hawker centre,” he added.

This was what was reported and posted by The Star Online:

"Price control, anti-profiteering bill tabled for first reading

Bernama
July 26, 2017

Amendment to Price Control and Anti-Profiteering Act includes new section that requires display goods or services to include govt taxes and additional charges.

DEWAN RAKYAT

KUALA LUMPUR: The Price Control and Anti-Profiteering (Amendment) Bill 2017, aimed at promoting transparency in the display, advertisement, publication or quotation of prices and charges, was tabled for the first reading in the Dewan Rakyat yesterday.

The bill, tabled by Deputy Minister of Domestic Trade, Co-operatives and Consumerism Henry Sum Agong, among others, includes a new section that seeks to require any party to display goods or services offered, to display all government taxes and other additional charges.

The amendment also seeks to empower the authority to direct any person who supplies or offers to supply any goods or services to provide relevant documents or information containing the charges imposed by the person.

The bill also provides that any corporate body that violates the provisions of the new section shall be liable to a fine of up to RM100,000, while for second or subsequent offences, a fine of up to RM250,000.

For individuals who contravene the regulations, they shall be liable to a fine of up to RM50,000 or imprisonment for up to two years and for the second or subsequent offences, a fine of up to RM100,000 or imprisonment for up to five years, or both, if convicted.

Henry had also tabled the Trade Descriptions (Amendment) Bill 2017 for the first reading yesterday, aimed at requiring persons registered under the Goods and Services Tax Act 2014 to comply with the guidelines that have been issued in relation to the display of price tags."



N.37 LET BUKIT LANJAN SOAR WITH SYED ABDUL RAZAK ALSAGOFF

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