save malaysia!
Deputy minister: Govt wants Gardenia to explain price hike for selected products by October 3
savemalaysia
Publish date: Thu, 28 Sep 2023, 04:49 PM
KUALA LUMPUR, Sept 28 — Deputy Minister of Domestic Trade and Costs of Living Fuziah Salleh has given Gardenia Bakeries Sdn Bhd six days to explain a planned price increase of 30 products that was announced recently.
According to a report by Malaysiakini, Fuziah Salleh said the ministry has given Gardenia Bakeries until October 3 to respond to the notice issued on Wednesday, following public speculation over the increase in prices.
“The ministry will check every item, the reason given for the increase, their costs, transportation, wholesalers, and the impact on retail prices. They will also determine if there were any profiteering,” she was quoted as saying.
Gardenia Bakeries said in its statement, however, that the price of white bread will not be increased.
Fuziah also reportedly said that the ministry has no power to stop Gardenia from raising its product prices but wanted an explanation from the company to ensure the decision was fair to consumers.
“But we can still obtain information and explanations on the reasons for the price increase and ensure there is no profiteering,” Fuziah said during the launch of mobile ‘Jualan Rahmah’ at Pinggiran Putra flat, near Tanjung Lumpur in Kuantan.
Yesterday, Gardenia Bakeries announced that a price increase would take effect on October 1 for a limited number of products, but not for white bread as had been previously speculated.
Among the products expected to see a change a price are Puazz Sambal Bilis, Sambal Mackerel, and Kari Ayam, Quick Bites Butter Toffee, Quick Bites Red Beans, and Quick Bites Cream Rolls, as well as Numee Yellow Noodle and Numee Keluarga.
https://www.malaymail.com/news/malaysia/2023/09/28/deputy-minister-govt-wants-gardenia-to-explain-price-hike-for-selected-products-by-october-3/93362
More articles on save malaysia!
Transport Ministry data reveals 11pc rise in Klang Valley public transport usage in July
Created by savemalaysia | Aug 25, 2024
FBM KLCI set to trade between 1,640 and 1,670 next week amid positive outlook
Created by savemalaysia | Aug 25, 2024
Are more injured Palestinians coming here for treatment? PM Anwar says too early to tell
Created by savemalaysia | Aug 25, 2024
Unity govt’s cooperation with Umno and BN remains strong, says Anwar
Created by savemalaysia | Aug 25, 2024
Pakatan open to discussing cooperation with BN in GE16, says PM
Created by savemalaysia | Aug 25, 2024
Kedah still hopeful federal govt will legalise ketum export, says exco man
Created by savemalaysia | Aug 25, 2024
Discussions
Be the first to like this. Showing 11 of 11 comments
EXACTLY! Malaysian consumers are VERY STUOOOPID or pretend to be BODOH. Memang Bodoh sombong. They have the damn right to dictate the price but prefer to wail and howl. Exercise your DAMN consumer rights. BOYCOTT or RESTRAIN FROM buying. PUASALAH.
CONTROL YOUR DAMN DESIRE! Don't be a pig!
2023-09-29 09:19
I like your style of calling a spade a spade (but no politician would be so honest like you)
2023-09-29 09:31
massimo and sunshine will increase also as they will follow. the illusion of choice
2023-09-29 10:57
Price hike ... not justified as the wheat price oredi crashed !!! In fact the roti prices must go DOWN bcos of the crashed wheat price.
2023-09-29 14:03
Whoever controls the market will control the prices… So let the market to decide la. One new brand will emerge as winner.
2023-09-30 09:28
because we Malaysians die die must eat Gardenia, so Gardenia dont care lor, they simply simply everytime raise price cos they know we die die must eat Gardenia, cannot eat other brands or other foods
2023-09-30 09:31
Malaysians are too fat. They consume too much rice, bread and oil
2023-09-30 09:55
In other countries, when price of A goes up they buy B, then demand for A goes down and price of A drops, then ppl go back buy A or even stay with B provided price of B doesn't increase.
BUT in malaysia, die die we MUST buy A regardless of price
2023-09-30 10:26
Die die they only good at idolising their leaders but not holding them responsible; chanting holy words but not carrying out their responsibilities nobly; crying father and mother when things go wrong, instead of focusing on the solution
What are real life skills that they learn in takfit schools?
2023-09-30 10:33
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
.png)
Apps
Top Articles
1
Mercury Securities Research
3
4
BFM Podcast
6
save malaysia!
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
speakup
what is the BIG deal? if u dont like the price increase, boycott Gardenia and switch to Massimo or Sunshine brand lah! WHY DIE DIE MUST EAT GARDENIA?????? TAK MASUK AKAL!
2023-09-29 07:47