The revised price was decided after considering the needs of the people under the new norms.
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Starting this Sunday (1 November), the retail ceiling price for three-ply face masks will be further reduced to just 70 cents a piece, from the previous RM1 price.
This was announced by the Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi, who also said the wholesale ceiling price of the three-ply mask would also be reduced to 65 cents per piece, compared to 95 cents previously.
Meanwhile, the price of other types of face masks have also been revised to:
- single-ply: 7 cents per piece
- two-ply: 20 cents per piece
- N95: RM6 per piece.
This new ceiling price will be enforced through the Price Control and Anti-Profiteering Act 2011.Datuk Seri Alexander Nanta Linggi via The Edge Markets
He said the decision was made after taking into account the people’s needs in continuing to adopt the practices under the new norms. Especially the use of face masks, which is one of the most important practices required while the Covid-19 pandemic continues.
Face masks are considered the first line of defence against the coronavirus. When used correctly, it can dramatically decrease a person’s chance of getting infected by the virus that causes Covid-19, as well as any other influenza.
Alenxander Nanta said his ministry had involved local manufacturers and importers in reviewing the price of face masks.
He added that traders failing to comply with the Price Control and Anti-Profiteering Act 2011 could be fined.
The ministry had reportedly conducted a total of 67,217 inspections to monitor the price and supply of face masks nationwide from 29 January until 25 October this year.
The inspections have resulted in 73 cases with value of seizures worth RM543,737 and a total compound of RM518,400.Datuk Seri Alexander Nanta Linggi via The Edge Markets
Individuals found selling items above the set ceiling price could be fined up to RM100,000 or jailed for up to three years, or both, or have to pay a compound of up to RM50,000.
Companies found making the same offence could be fined up to RM500,00 or have to pay a compound of up to RM250,000.
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