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Aug 11, 2020
Malaymail has recently reported that the government will lower the ceiling price for 3-ply face masks to RM1 per piece, while the wholesale price for the masks will have a maximum price of RM0.95 per piece. The announcement was made at the Dewan Rakyat, based on a continuous assessment of the supply and demand for the aforementioned face masks during the pandemic.
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Mar 30, 2020
Recently, the Ministry of Domestic Trade and Consumer Affairs has recently announced that the ceiling price of 3-ply face masks has been reduced from RM2.00 to RM1.50. The change will take effect starting from 1 April 2020 and all outlets that are distributing face masks are required to adjust their prices according to the new price ceiling.
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Mar 26, 2020
About 223000 three-ply face masks had recently been seized by the Domestic Trade and Consumer Affairs Ministry from a Facebook Seller in Kota Damansara. This is due to the fact that they were selling each mask at RM3.50 a unit, instead of the ceiling price of RM2.00, which was set on 20 March 2020.
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Mar 24, 2020
In light of COVID-19 outbreak, Shopee has recently announced that they will further increase the number of face masks available for purchase on their e-commerce platform. Not only that, but they also encourage Shopee customers to report any face masks that are above the regulated retail ceiling price.
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Mar 23, 2020
Malaysian Prime Minister Tan Sri Muhyiddin Yassin has recently instructed the Ministry of Trade to regulate the prices of face masks so that it can be easily purchased by those in need. This is due to the shortages in raw materials that are usually imported from overseas that are needed to manufacture these masks.
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