logo
#

Latest news with #PPKB(Amendment)2021

Gas tank ruling not for hawkers
Gas tank ruling not for hawkers

The Star

time2 hours ago

  • Business
  • The Star

Gas tank ruling not for hawkers

Revised roll-out: Armizan (centre) chairing a meeting with the Sabah Food Traders Association at the Sabah International Convention Centre. — Bernama KOTA KINABALU: Small traders selling food and beverages need not worry – they can continue to use subsidised LPG cylinders – as long as they offer 'rakyat prices'. They will be exempted for the requirement to use commercial cylinders, which cost almost three times as much, under amendments to the Supply Control Regulations (Amendment) 2021 (PPKB (Amendment) 2021). In May, the Domestic Trade and Cost of Living Ministry launched Ops Gasak, which required businesses, including eateries and hawker stalls, to use the more expensive, purple-coloured 14kg commercial LPG cylinders. Those using more than 42kg of LPG at any time needed a special permit. However, minister Datuk Armizan Mohd Ali told Bernama yesterday that food and beverage vendors who offer services at reasonable prices will continue to be guaranteed access to LPG subsidies. 'Unlike the 2021 ruling which only allowed the use of subsidised LPG cylinders not exceeding 42kg at any given time, the amendment will take into account the needs of micro and small traders. 'We will also look at control mechanisms in the context of ensuring that there are no leakages in this subsidy,' he told a press conference here yesterday. Earlier, Armizan attended the PPKB (Amendment) 2021 engagement session involving food and beverage traders' associations in Sabah to gather their views and feedback. Armizan said there was a need to ensure that no one took advantage of public subsidies. He revealed cases of large-scale purchases of subsidised LPG gas, with some being used at business premises while the rest were resold to parties involved in misappropriation. 'Therefore, we need to formulate control mechanisms,' he said. The ministry, he added, has also established a technical committee to review appropriate 'rakyat prices' for consumers, taking into account basic cost of living data to be released by the Statistics Department. Meanwhile, Armizan said that his ministry had summoned ice manufacturers and frozen food producers in Peninsular Malaysia to explain the basis for their recent price changes, effective tomorrow. The price hike was reported on social media recently. 'What is the basis, whether it is due to increased operating cost, raw material cost, or due to SST (Sale and Service Tax)? 'If it is due to SST, we will ask them to provide the basis and apply the Price Control and Anti-Profiteering Act,' Armizan added.

Micro And Small Traders In F&B Sector Can Continue Using Subsidised LPG Cylinders
Micro And Small Traders In F&B Sector Can Continue Using Subsidised LPG Cylinders

Barnama

time18 hours ago

  • Business
  • Barnama

Micro And Small Traders In F&B Sector Can Continue Using Subsidised LPG Cylinders

KOTA KINABALU, June 30 (Bernama) -- The Ministry of Domestic Trade and Cost of Living (KPDN) has assured that micro and small traders in the food and beverage sector can continue to utilise subsidized LPG cylinders as long as they offer "rakyat prices" (affordable prices) to consumers. Its Minister, Datuk Armizan Mohd Ali, said that food and beverage vendors who offer services at reasonable prices need not worry, as they will continue to be guaranteed access to LPG subsidies. He stated that this is among the aspects considered in amending the Supply Control Regulations (Amendment) 2021 (PPKB (Amendment) 2021). Engagement sessions to gather feedback and views on the proposal will be held starting tomorrow until Op Gasak concludes on October 31. "Unlike the PPKB (Amendment) 2021, which only allowed the use of subsidised LPG cylinders not exceeding 42 kilograms at any given time, the implemented amendment will take into account the needs of micro and small traders in the food and beverage sector. "Besides recognising the needs of these traders, in this amendment, we will also look at control mechanisms in the context of ensuring that there are no leakages in this subsidy, especially related to smuggling and misappropriation," he said during a press conference here today. Earlier, Armizan attended the PPKB (Amendment) 2021 Engagement Session involving food and beverage traders' associations in Sabah to gather their views and feedback on the proposed amendment to the regulations. Armizan said feedback from micro and small traders in the food and beverage sector was crucial for establishing risk management to prevent leakages and, subsequently, ensure that no parties take advantage of public subsidies. He revealed cases of large-scale purchases of subsidised LPG gas, with some being used at business premises while the remainder was resold at certain prices to parties involved in misappropriation. "Therefore, we need to formulate control mechanisms related to the subsidised LPG cylinder issue," he said, urging traders' associations to hold engagement sessions with their respective members and submit memorandums of proposal directly to the ministry.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store