Tag - Domestic Trade And Cost Of Living Ministry

Govt to announce revised fuel Automatic Pricing Mechanism shortly, says Armizan

CYBERJAYA: The government will announce a revised rate for the Automatic Pricing Mechanism (APM) soon to ensure the continued viability of petrol stations following the implementation of the targeted RON95 petrol subsidy, says Datuk Armizan Mohd Ali. The Domestic Trade and Cost of Living Minister said a proposal to review the rate has been submitted to...

Foreigners charged with possessing nearly 10 tonnes of subsidised LPG

JOHOR BARU: Five Indonesian men were charged at Sessions Court here with possessing more than 9,560kg of Liquefied Petroleum Gas (LPG). The accused, Muhammad Ali, 32, Zulfan Fauzi, 31, Nasrullah, 34, Marhaban, 31 and Adnan, 28, pleaded guilty to the charge before judge Siti Noraida Sulaiman on Friday (Aug 1). According to the charge sheet, the five...

Four, including foreigner, plead guilty to misappropriation of subsidised LPG in Seremban

SEREMBAN: Four men, including a Myanmar national, pleaded guilty in the Sessions Court here Tuesday (June 3) to misappropriating 1,200kg of subsidised liquefied petroleum gas last month. Lee Kin Choong, 57; Lim Chun Wee, 38; Tang Kai Lin, 28, and Mar Thang, 31, made the plea before Judge Mohamad Kamil Nizam. They were jointly charged with committing...

Restaurant manager fined RM100,000 for hoarding subsidised cooking oil

SEREMBAN: A manager of a company running a nasi kandar restaurant has been fined RM100,000 by the Sessions Court here after he pleaded guilty to a charge of storing subsidised cooking oil at an unlicensed premise. Judge Mohamad Kamil Nizam ordered 38-year-old Bangladeshi Das Jhonny Chardra to serve six months in jail in the event he...

Restaurant manager fined RM100,000 for hoarding subsidised cooking oil

SEREMBAN: A manager of a company running a nasi kandar restaurant has been fined RM100,000 by the Sessions Court here after he pleaded guilty to a charge of storing subsidised cooking oil at an unlicensed premise. Judge Mohamad Kamil Nizam ordered 38-year-old Bangladeshi Das Jhonny Chardra to serve six months in jail in the event he...

Drug price display order gazetted, to come into effect May 1

PETALING JAYA: The Price Control and Anti-Profiteering (Price Marking for Drugs) order, which mandates that private healthcare providers display medicine prices, has been gazetted and will come into effect on May 1. The order under the Price Control and Anti-Profiteering Act was signed by Domestic Trade and Cost of Living Minister Datuk Armizan Ali. Individual healthcare providers...

Over 1,700 premises checked in first three days of festive price control scheme, says Domestic Trade Ministry

KUALA LUMPUR: A total of 1,751 premises across the country have been inspected by enforcement officers from the Domestic Trade and Cost of Living Ministry within the first three days of implementing the Festive Season Maximum Price Scheme (SHMMP) for Hari Raya Aidilfitri 2025. The Ministry's enforcement director-general Datuk Azman Adam said that 119 actions were...

Strengthening consumer rights and transparency in private healthcare

THE Federation of Malaysian Consumers Associations (Fomca) commends the government's decisive move to enforce the display of medicine prices in private clinics and hospitals under the Price Control and Anti-Profiteering Act 2011 (Act 723). This initiative, spearheaded by the Domestic Trade and Cost of Living Ministry, marks an important step toward enhancing price transparency and...

Companies Commission introduces three new criteria for private companies’ audit exemption

SHAH ALAM: The Domestic Trade and Cost of Living Ministry through the Companies Commission of Malaysia (CCM) has introduced three criteria to exempt companies from financial statement audits, effective Jan 1. Minister Datuk Armizan Mohd Ali said private companies seeking an audit exemption must meet two of the three criteria, with one of them being that...

Special permit required for diesel purchases exceeding limit, says govt

KUALA LUMPUR: Eligible individuals, small-scale companies, or organisations may apply for a special permit to purchase diesel exceeding the standard limit. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the special permit was solely for approved uses and not for resale purposes. “Applicants must submit a letter of confirmation from the relevant agency...