Miri out to put the brakes on profiteering

Source: http://thestar.com.my/news/story.asp?file=/2006/6/9/southneast/14462467&sec=southneast

Friday June 9, 2006

Miri out to put the brakes on profiteering


MIRI: The Domestic Trade and Consumer Affairs Ministry has been asked to conduct surprise checks on traders during festivals and when major events are held in the city.

Miri MP Datuk Peter Chin Fah Kui said he had enough of the unscrupulous tactics by traders who took advantage of the festivals and major events to raise prices.

The traders have taken advantage of the current oil price hike to raise prices of all kinds of goods , even essential items, and will do it again when there are festivities or public events such as carnivals and fairs.

This is not healthy. I hope the enforcement authorities like the Domestic Trade and Consumer Affairs Ministry would clamp down on these people hard, he said, stressing that it is vital that Miri maintains a good image as a place where locals and foreigners alike can shop without getting fleeced.

He also urged those shopping in Miri to be more alert and to compare prices among different traders in the various commercial centres before they make their purchases.

Miri City has some eight commercial areas and there are hundreds of shopping outlets to choose from, he said, noting that there are still many honest and sincere business folks here who would not resort to cheating to earn a living.

Last weekend, during the TV3 Sure Heboh Carnival here , many traders had again resorted to hiking up their prices to fleece the tens of thousands who thronged the carnival.

I don’t think it’s too big of an issue. Since I don’t go shop there it won’t be an issue for me either. It’s only just 3 days. And it happens alot. It’s plain business, sell at a higher price in an area with more volume of customers. Business is about profits.

Sure, selling prices higher than the government recommended price is breaking the law and all that blablabla but to some people it’s their only chance at making a profit instead of breaking even all year long.

Now where’s the part about letting loose the cars to park anywhere?