KUALA LUMPUR, Feb 1, 2016:
The Malaysian Consumers Association (Maconas) wants business owners to ensure that they lower the prices of goods as crude oil and fuel prices are down.
Calling on the government to ensure this, Maconas secretary-general Datuk Amarjit Singh Gill said Malaysians were facing rising prices of goods of late coupled with high cost of living.
“Thus, any price reduction will be most welcome by consumers.
“With GST introduced in April last year, prices of goods have been pushed up further. At least with the reduction of fuel prices, there is an avenue for the transportation sector to lower its prices.
“It’s not good enough for businesses to increase their prices for goods and services when the petrol price goes up but sit idle and do nothing when it goes down,” he said in a statement today.
Amarjit urges the Domestic Trade and Consumer Affairs Ministry to carry out enforcement against businesses to ensure prices of goods are lowered in tandem with petrol prices.
While the increase in the cost of goods has become a burden to the people, the price for RON95 petrol has fallen by 10 sen to RM1.75 per litre from Feb 1.
RON97 saw a 20 sen drop to RM2.05 while diesel is down by 25 sen to RM1.35.