Latest news with #SST


New Straits Times
9 hours ago
- Business
- New Straits Times
Anwar's 'extraordinary tribute' announcement highlights efforts to ease living costs
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim's upcoming announcement of an "extraordinary tribute" to Malaysians is expected to send a strong signal that the Madani government is serious about tackling the rising cost of living. Pasir Gudang member of parliament and PKR veteran Hassan Abdul Karim said Anwar is fully aware of public concerns, particularly those of the B40 group, who are hardest hit by the rising cost of living. "I believe the prime minister is mindful of the people's anxiety over possible policy changes, such as the removal of RON95 fuel subsidies, higher electricity tariffs, and the increase in the Sales and Service Tax (SST) on certain goods and services," he said when contacted. Hassan, who sits on the Parliamentary Special Select Committee on Domestic Trade, Entrepreneurship, Cost of Living and Agriculture, noted that the issue will remain in the spotlight ahead of the protest scheduled for July 26 by the opposition and several non-governmental organisations. "The government must show the people that it is serious about addressing these bread-and-butter issues, especially for those who are struggling to make ends meet," he said. Hassan added that the prime minister is likely to make the announcement in Parliament. "Anwar understands the significance of Parliament as the proper platform for major announcements. "With the Dewan Rakyat sitting resuming tomorrow, I believe the announcement will come either during the Prime Minister's Question Time or via a Prime Minister's Statement on Tuesday. "The opposition will certainly raise the issue of the cost of living, and this will allow for a healthy debate — a positive development for Malaysia's democratic process." Yesterday, Anwar said the highly anticipated announcement, which he described as an "extraordinary tribute" to Malaysians, particularly in relation to easing the burden of living costs, is likely to be made on Monday or Tuesday. The prime minister said he needed a little more time to finalise the details, with the Finance Ministry still working to ensure the measures are thorough and impactful.


The Sun
2 days ago
- Business
- The Sun
Melaka KPDN monitors 5 essential items in Op Kesan 4.0
MELAKA: The Melaka Ministry of Domestic Trade and Cost of Living (KPDN) is closely monitoring five essential household items under 'Op Kesan 4.0' to prevent price manipulation. The operation, launched today, focuses on condensed milk, chocolate malt drinks, wheat flour, sardines, and white bread. Melaka KPDN director Dr Mohd Hazimin Jamaludin stated, 'This focus is also part of the monitoring measures following the implementation of the Sales Tax rate review and the expanded scope of the Service Tax (SST), which began on July 1.' From July 1 to July 17, authorities inspected 35 premises involving 63 stock-keeping units (SKUs). A written notice was issued for three SKUs, including a viral case related to ice pricing. Mohd Hazimin added that KPDN is also checking for quantity manipulation, where packaging sizes shrink without significant price adjustments. 'Sometimes the price remains the same, but the quantity decreases. What is important is not just cheapness, but fairness to consumers.' Consumers are encouraged to report violations via WhatsApp (019-8488000), the e-complaint portal ( or the call centre (1-800-886-800). From January 1 to July 17, Melaka KPDN recorded 234 enforcement cases under various Acts, with seizures worth RM261,360. Compounds totalled RM66,700, while fines reached RM299,500. Fourteen individuals were detained in 13 arrest cases. - Bernama

Barnama
2 days ago
- Business
- Barnama
Melaka KPDN Tracking Five Essential Household Items In Op Kesan 4.0
MELAKA, July 18 (Bernama) -- The Melaka Ministry of Domestic Trade and Cost of Living (KPDN) is focusing on inspecting five essential household items under 'Op Kesan 4.0' launched today to ensure there is no price manipulation of basic consumer goods. Melaka KPDN director Dr Mohd Hazimin Jamaludin said the five items were condensed milk, chocolate malt drinks, wheat flour, sardines and white bread. "This focus is also part of the monitoring measures following the implementation of the Sales Tax rate review and the expanded scope of the Service Tax (SST), which began on July 1. "For the period from July 1 to yesterday (July 17), a total of 35 premises involving 63 stock-keeping units (SKUs) were inspected and a written notice was issued involving three SKUs including a viral case related to the price of ice," he said after conducting an Op Kesan 4.0 monitoring at a supermarket in Angkasa Nuri, Durian Tunggal here today. Elaborating further, Mohd Hazimin said that apart from tracking prices, his department also paid attention to the issue of manipulation in the quantity of goods, such as reducing packaging size without a significant change in price. "Sometimes the price remains the same, but the quantity decreases. What is important is not just cheapness, but fairness to consumers. "We also encourage users who detect any non-compliance to file a complaint via WhatsApp at 019-8488000, the e-complaint portal ( or the call centre 1-800-886-800," he said. Meanwhile, he said the Melaka KPDN enforcement statistics for the period from Jan 1 to July 17 recorded 234 cases under various Acts with a seizure value of RM261,360. "The total value in compounds issued was RM66,700, while the total in fines reached RM299,500. In all, 14 individuals were also detained, involving 13 cases of arrest for further investigation," he said.

Barnama
2 days ago
- Business
- Barnama
Op Kesan 4.0: KPDN Selangor Issues 120 Notices Following SST Expansion
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.


The Sun
2 days ago
- Business
- The Sun
KPDN Selangor issues 120 notices after SST expansion
SHAH ALAM: 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) took effect on July 1. State Chief Enforcement Officer Mohd Hanizam Kechek clarified that the notices, issued under the Price Control and Anti-Profiteering Act 2011, aim to gather pricing and cost details rather than penalise traders. The inspections under Ops Kesan 4.0 covered 120 premises and 416 items, including wet goods and canned food, across districts such as 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,' said Mohd Hanizam. He noted that no official complaints on price increases have been received, though missing price tags remain a recurring issue. Monitoring will continue to ensure price stability, especially for essential goods exempted from SST. Meanwhile, the KPDN Perlis branch issued 27 notices under the same operation. State director Rohaida Hassan stated that 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 follow if unreasonable price hikes are detected. Ops Kesan 4.0 operates under the Price Control and Anti-Profiteering Regulations 2011 and the 2018 mechanism to identify excessive profits. The checks cover SST-related goods and essential items like standard chicken, local beef (excluding tenderloin), cabbage, general-purpose wheat flour, canned sardines, sweetened creamer, condensed milk, and white bread. - Bernama