Domestic Trade Ministry warns ‘colek’ sellers in Kelantan against raising prices

Domestic Trade Ministry warns ‘colek’ sellers in Kelantan against raising prices

KOTA BARU, March 30 — The Ministry of Domestic Trade and Cost of Living (KPDN) Kelantan branch issued a warning to traders selling ‘colek’, a popular snack in the state normally served during Ramadan, not to raise prices arbitrarily.Its director Azman Ismail said that regular monitoring was carried out, especially at business premises that did … Read more

Consumer Affairs Ministry: Report unreasonable prices directly to authorities, not on social media

Consumer Affairs Ministry: Report unreasonable prices directly to authorities, not on social media

SHAH ALAM, March 18 — Consumers have been urged not to use social media to highlight unreasonable price hikes but to report it directly to the authorities for fear of evidence being disposed of before action can be taken. Domestic Trade and Consumer Affairs Ministry (KPDN) trade, distribution and business sector senior director Datuk Rohaizi … Read more

Cost of Living Ministry: Nine complaints against Ramadan bazaars so far for not displaying prices, expensive items

Cost of Living Ministry: Nine complaints against Ramadan bazaars so far for not displaying prices, expensive items

PUTRAJAYA, March 14 — The Deputy Domestic Trade and Cost of Living (KPDN) Minister Fuziah Salleh today said that nine complaints have been lodged against Ramadan bazaar sellers so far on the third day of Ramadan. Of the nine, Fuziah said five of them were related to price displays and the remaining four were on … Read more

Soaring food prices dampen Ramadan spirits in Nigeria

Soaring food prices dampen Ramadan spirits in Nigeria

LAGOS, March 10 — The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in a generation leaving many in Africa’s most populous Muslim country struggling to buy food. With food inflation at around 35 per cent, worshippers taking part in Friday prayers at the central mosque in … Read more

As prices bite, Anwar says Putrajaya to develop urban farming scheme

As prices bite, Anwar says Putrajaya to develop urban farming scheme

KUALA SELANGOR, Feb 25 — Prime Minister Datuk Seri Anwar Ibrahim today said the government will introduce a targeted urban agriculture programme to boost Malaysia’s food production and mitigate rising costs. Emphasising the need to emulate the success of urban farming initiatives seen in neighbouring Singapore, Anwar said there were strategies relevant to Malaysia, such … Read more

Hotels say prices expected to increase by up to 30pc following SST hike to 8pc this year

Hotels say prices expected to increase by up to 30pc following SST hike to 8pc this year

KUALA LUMPUR, Feb 13 — Hotel prices in Malaysia are expected to rise between 10 per cent and 30 per cent due to the recent increment in the Sales and Services Tax (SST) to 8 per cent, effective from March. Sinar Harian quoted Malaysian Hotel Association (MAH) president Datin Christina Toh saying that despite this, … Read more

Alchip Technologies Prices Global Depository Receipt Offering at US$413 Million

Alchip Technologies Prices Global Depository Receipt Offering at US$413 Million

Taipei, Taiwan, Jan. 30, 2024 (GLOBE NEWSWIRE) — Alchip Technologies, Limited (TWSE: 3661) (“Alchip”) today priced its global depository receipt (“GDR”) offering at approximately US$413 million. The transaction was priced at US$111.53 per GDR (equivalent to NT$3,500 per common share), representing a 4.63% discount to the closing price of NT$3,670.  This is the second lowest … Read more

Share prices of YG Entertainment drop after failure to renew contracts for individual activities with Blackpink members

Share prices of YG Entertainment drop after failure to renew contracts for individual activities with Blackpink members

KUALA LUMPUR, Jan 11 —The stock price of YG Entertainment continues to decline after the company failed to renew the contracts for individual activities with Blackpink members. At the close on Wednesday, YG Entertainment’s shares traded at 44,800 won (RM158.12), the same as the previous trading day, Allkpop reported. At one point, the share price … Read more