logo
Op Kesan 4.0: KPDN Selangor Issues 120 Notices Following SST Expansion

Op Kesan 4.0: KPDN Selangor Issues 120 Notices Following SST Expansion

Barnama18-07-2025
SHAH ALAM, July 18 (Bernama) -- The Ministry of Domestic Trade and Cost of Living (KPDN) Selangor branch has issued 120 notices to traders following inspections after the expanded Sales and Services Tax (SST) came into effect on July 1.
State chief enforcement officer Mohd Hanizam Kechek said the notices, issued under the Price Control and Anti-Profiteering Act 2011, aim to gather details on pricing and costs, not to penalise traders.
The checks under Ops Kesan 4.0 covered 120 premises and 416 items, including wet goods and canned food, across several districts including Shah Alam, Petaling Jaya, Kajang and Gombak.
'Traders informed us they could absorb the SST increase, and our checks showed no evidence of profiteering or price hikes.
'No official complaints on price increases have been received so far, apart from repeated issues involving missing price tags,' Mohd Hanizam said, adding that monitoring will continue to ensure price stability, especially for essential goods exempted from SST.
Meanwhile, the KPDN Perlis branch issued 27 notices to traders under the same operation.
State director Rohaida Hassan said traders must submit detailed price and cost data within four working days for analysis.
'We inspected 27 premises involving 119 stock keeping units (SKUs) to prevent profiteering,' she said, adding that legal action will be taken if unreasonable price increases are detected.
Ops Kesan 4.0 is conducted under the Price Control and Anti-Profiteering Regulations 2011 and the 2018 mechanism to determine unreasonable high profits, covering both SST-related goods and essential items such as standard chicken, local beef (excluding tenderloin), cabbage, general-purpose wheat flour, canned sardines, sweetened creamer, condensed milk, and white bread.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Citadel Trustee, Chester Group Tie Up To Transform Malaysia's Real Estate Management
Citadel Trustee, Chester Group Tie Up To Transform Malaysia's Real Estate Management

Barnama

timean hour ago

  • Barnama

Citadel Trustee, Chester Group Tie Up To Transform Malaysia's Real Estate Management

BUSINESS KUALA LUMPUR, July 25 (Bernama) -- Citadel Trustee Bhd and Chester Group are set to introduce a pioneering real estate management platform to deliver robust growth, capital preservation, and multi-generational wealth planning, following a strategic partnership that was inked today. In a joint statement, both parties said that the platform uniquely combines diversified asset deployment with sophisticated risk assessment to meet the evolving needs of discerning clients in Malaysia's dynamic property market. According to the statement, the new product stands out by integrating equity stakes in undervalued real estate, development projects, select equities, and income-generating assets within an advanced asset protection framework. 'It is designed to deliver stable annual returns of 10 per cent to 12 per cent, with regular quarterly payouts, while safeguarding against legal and financial risks. 'Tailored legacy planning solutions are also available for high-net-worth participants, ensuring a smooth transfer of wealth across generations. We aim to grow our portfolio to RM500 million by 2026,' the statement read. Both companies said that the platform enters the market at a time of significant transformation within Malaysia's property landscape. They said that with economic growth gaining momentum in late 2024 and government efforts enhancing infrastructure and connectivity, demand is rising for suburban and transit-oriented developments. Homebuyers are increasingly drawn to affordability, space, and quality, particularly in emerging townships, boosted by supportive financing and housing incentives, they said. 'In this evolving environment, there is growing interest in solutions that offer a more structured and adaptable approach to real estate.

Trade Missions Abroad Bear Results, Two Foreign Companies Begin Investment In Malaysia -- Tengku Zafrul
Trade Missions Abroad Bear Results, Two Foreign Companies Begin Investment In Malaysia -- Tengku Zafrul

Barnama

time2 hours ago

  • Barnama

Trade Missions Abroad Bear Results, Two Foreign Companies Begin Investment In Malaysia -- Tengku Zafrul

BUSINESS KUALA LUMPUR, July 25 (Bernama) -- Two foreign investment projects announced during the government's trade and investment missions abroad have now begun implementation, thus refuting claims that no results were obtained from Prime Minister Datuk Seri Anwar Ibrahim's official visit abroad. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said that Gul Technologies, a company announced during the trade and investment mission to China in 2024, is currently building its factory in Kulim, Kedah, with an investment of RM350 million for Phase 1. He said that the project is expected to create 350 job opportunities for the local people. 'What is interesting is that this company is currently collaborating with Kulim Advanced Technologies Sdn Bhd, a subsidiary of Kulim Hi-Tech Park Corporation Sdn Bhd, which is responsible for training young talents. 'Through this collaboration, the company will employ 100 local technicians who will be sent to China for training,' said Tengku Zafrul in a post on X today. Meanwhile, another company, EDA, which was announced during the trade and investment mission to Italy in 2024, has started an investment worth RM100 million in Jasin, Melaka. 'EDA also has 150 vendors among local companies. This means that EDA is not only creating jobs at their facilities, but also supporting Malaysian workers in 150 local companies,' he said. These two projects are among the 2,198 manufacturing projects that have been approved throughout the MADANI Government's administration from 2023 to the first quarter of 2025. Tengku Zafrul said that out of that total, 1,849 projects, or 84.2 per cent, have been implemented as at July 2025.

Doulos Hope Draws 25,000 Visitors, Boosts Labuan's Economy
Doulos Hope Draws 25,000 Visitors, Boosts Labuan's Economy

Barnama

time2 hours ago

  • Barnama

Doulos Hope Draws 25,000 Visitors, Boosts Labuan's Economy

LABUAN, July 25 (Bernama) -- The arrival of Doulos Hope, the floating bookstore ship, has not only captivated the imagination of the Labuan community but also brought significant cultural and economic benefits, said Minister in the Prime Minister's Department (Federal Territories), Datuk Seri Dr Zaliha Mustafa. Speaking during her visit to the vessel, Dr Zaliha said the presence of Doulos Hope has created an alternative avenue of engagement for the local community, allowing them not only to experience the floating book fair but also to step onboard and witness the unique life and mission of a ship crewed by more than 100 volunteers from over 30 countries. 'This is not just a bookstore on water, it is a bridge between cultures…the people of Labuan are enjoying the rare opportunity to meet and interact with individuals from around the world, enriching their perspectives,' she said. The Minister noted that the ship has attracted a continuous stream of visitors ranging from children and students to senior citizens and tour groups. 'I witnessed for myself the non-stop flow of people boarding the ship, all excited to explore what Doulos Hope offers…it is heartening to see the sense of curiosity and unity this vessel has brought to our shores,' she said. Dr Zaliha also highlighted the economic spillover sparked by the visit, as the ship's international crew and volunteers regularly patronise local eateries, cafes, and convenience stores, bringing supplies back to the ship and contributing to small business income. Doulos Hope director Nidhin Sebastian said the response from the public has been overwhelming, with nearly 25,000 visitors recorded since the ship's arrival in Labuan. 'It has been a joy to welcome so many aboard…we are grateful for the warmth and hospitality shown by the people of Labuan,' he said. The ship will remain docked in Labuan until July 28, continuing its mission to bring knowledge, help, and hope through books and intercultural engagement.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store