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The Star
16-07-2025
- Business
- The Star
App helps shoppers catch best prices
KUALA LUMPUR: The Price Catcher mobile application, developed by the Domestic Trade and Cost of Living Ministry, is helping consumers compare prices of daily essentials conveniently at their fingertips. The app enables users to plan and manage their daily expenses by comparing prices of essential items across various supermarkets and selected retail premises nationwide. A check by Bernama at several supermarkets around the federal capital found the prices displayed on Price Catcher to be consistent with actual prices at the premises, proving the app's reliability. However, slight price variations were observed at certain wet markets, especially in the evenings, as some traders lowered prices to clear out perishable stock. A user, Zaid Zufri, 42, said the app has been useful in helping him plan his daily spending. 'Before coming here, I checked the price of eggs and found a tray being sold for RM12.60 the same price shown in the app. Imported onions were just RM2.90 per kg, which is cheaper compared to other places,' he said at a supermarket in Taman Maluri. For housewife Syahida Ariffin, 45, the app is especially helpful in tracking the prices of controlled items such as cooking oil and chicken, which tend to fluctuate. 'Price Catcher shows the lowest prices at nearby supermarkets and wet markets. I always check the app first before deciding where to shop, and I can save between RM15 and RM30 each time,' she said. Launched in March 2019, Price Catcher currently displays the prices of 480 selected items, which are monitored regularly by KPDN at various premises, including wet markets, hypermarkets, mini markets and grocery stores.
Sinar Daily
15-07-2025
- Business
- Sinar Daily
Price Catcher app helps consumers compare prices, manage daily expenses
The app enables users to plan and manage their daily expenses by comparing prices of essential items across various supermarkets and selected retail premises nationwide. 15 Jul 2025 02:17pm Photo for illustration purposes only. KUALA LUMPUR - The Price Catcher mobile application, developed by the Domestic Trade and Cost of Living Ministry (KPDN), is helping consumers compare prices of daily essentials conveniently at their fingertips. The app enables users to plan and manage their daily expenses by comparing prices of essential items across various supermarkets and selected retail premises nationwide. A Bernama check at several supermarkets around the federal capital found the prices displayed on Price Catcher to be consistent with actual prices at the premises, proving the app's reliability. However, slight price variations were observed at certain wet markets, especially in the evenings, as some traders lowered prices to clear out perishable stock. Despite its potential to help users save money amid the rising cost of living, the app remains underutilised, with many consumers still unaware of its existence. A user, Zaid Zufri, 42, said the app has been useful in helping him plan his daily spending more effectively. The Price Catcher mobile application, developed by the KPDN, is helping consumers compare prices of daily essentials conveniently at their fingertips. - BERNAMA FILE PIX "Before coming here, I checked the price of eggs and found a tray being sold for RM12.60 - the same price shown in the app. Imported onions were just RM2.90 per kg, which is cheaper compared to other places,' he said when met at a supermarket in Taman Maluri. For housewife Syahida Ariffin, 45, the app is especially helpful in tracking the prices of controlled items such as cooking oil and chicken, which tend to fluctuate. "Price Catcher shows the lowest prices at nearby supermarkets and wet markets. I always check the app first before deciding where to shop, and I can save between RM15 and RM30 each time,' she said. The survey also found that many users are still unaware of the app's existence, including Fadilah Fauzi, 30, who admitted to shopping at the nearest supermarket without comparing prices. "But now that I know about it, I'm interested in using the app to help cut down on expenses,' she said. Private sector employee Mohd Ashraf Zamri, 35, said his busy schedule had kept him from checking prices before making purchases. "I usually buy standard chicken at RM10 per kg, but after using the app, I found that some places offer it at lower prices,' he said, after downloading the app upon being shown by a reporter. Launched in March 2019, Price Catcher currently displays the prices of 480 selected items, which are monitored regularly by KPDN at various premises, including wet markets, hypermarkets, mini markets and grocery stores. - BERNAMA More Like This
The Star
14-07-2025
- Business
- The Star
Axiata's Edotco stake key to balance sheet strength
PETALING JAYA: Axiata Group Bhd 's efforts to strengthen its balance sheet could gain traction if it decides to monetise its 63% stake in tower subsidiary Edotco Group Sdn Bhd – a move that could yield between RM3.2bil and RM8.3bil, according to Maybank Investment Bank Research (Maybank IB). In a recent report, the research house noted that Axiata's balance sheet leverage remains a major overhang, with its net debt-to-earnings before interest, tax, depreciation and amortisation (Ebitda) staying 'elevated' at about three times as at the end of the first quarter of 2025 (1Q25). Maybank IB simulated a full disposal of Edotco at an enterprise value-to-Ebitda multiple of seven to 12 times. It estimated that a full divestment could reduce Axiata's net debt-to-Ebitda to between zero and 1.6 times. 'Our simulation indicates a significant improvement to Axiata's gearing if it hypothetically divests its entire stake in Edotco,' the investment bank said. Although Axiata is undertaking other corporate exercises – including the XL-Smartfren merger and the divestment of its Myanmar tower operations in the second quarter of 2025 – these are unlikely to materially shift the group's leverage profile, Maybank IB said. Notably, Edotco itself carries a relatively high net debt-to-Ebitda ratio of 3.9 times and remains a material contributor to Axiata's consolidated gearing, it said. As part of its broader strategy, Maybank IB said Axiata has already identified Edotco as one of its monetisable assets. It maintained its 'buy' call on the stock, with an unchanged target price of RM2.90 a share. 'We continue to view Axiata's overall risk-reward as positive, with net profit recovery and balance sheet repair (increasingly gaining traction among investors) being potential re-rating catalysts,' Maybank IB said.
