4 days ago
Ministry vows action against egg price gouging
Dr Fuziah Salleh
KOTA KINABALU (Aug 9): The Ministry of Domestic Trade and Costs of Living (KPDN) has assured that strict action will be taken to prevent price gouging following the withdrawal of egg subsidies.
Deputy minister Senator Datuk Dr Fuziah Salleh said the ministry is committed to ensuring egg prices remain reasonable and that no party exploits the situation for excessive profit.
'I recently visited a farm in Tamparuli to examine how chicken egg production costs may have been affected by the subsidy withdrawal,' she said.
'We want to ensure there is no price gouging by irresponsible parties, in line with the Price Control and Anti-Profiteering Act 2011 (Act 723).'
Speaking at a press conference during the Engagement Session Programme for the Review of the Trade Master Plan 2025-2035 and the Review of E-Commerce Legislation here on Saturday, Fuziah said KPDN will intensify monitoring and enforcement to protect consumers and maintain sufficient egg supply nationwide.
'Strict action will be taken against any party found violating the provisions of this act to safeguard the interests and welfare of the people,' she said, adding that transparency in the country's food supply chain remains a priority.
On the engagement session, Fuziah said it brought together stakeholders from the e-commerce ecosystem, including industry players, digital platforms, trade associations, consumer protection groups, ministries, agencies, legal experts and academics.
She said the discussion focused on updating e-commerce laws to remain relevant in the rapidly growing digital landscape.
'These improvements are important to ensure policies and regulations can keep pace with change, while strengthening protection for consumers facing risks in digital transactions,' she said.
Fuziah noted that e-commerce is now a part of Malaysians' daily lives and a key driver of the digital economy, but warned it also brings challenges such as fraud, unsafe products and cross-border enforcement issues.
'The E-Commerce Law Review Study indicates the need for a more comprehensive legal framework to ensure structured and effective national governance of the sector,' she added.
