Thursday, 13 Aug 2020 11:42 AM MYT
KUALA LUMPUR, Aug 13 — The new maximum retail price of RM1 per unit that three-ply face masks can be sold for in Malaysia will kick in this Saturday (August 15), the latest government gazette this week has confirmed.
In an order published on August 11, Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi gave his approval for the new wholesale and retail prices for three-ply face masks in Malaysia.
The maximum retail price is RM1 per unit or RM50 per box, while the maximum wholesale price is RM0.95 per unit or RM47.50 per box.
This order applies to three-ply face masks — whether surgical or medical — that are worn either by ear loop, head loop or head tie-on.
This order, known as the Price Control and Anti-Profiteering (Determination of Maximum Price) (No. 2) (Amendment) (No. 2) Order 2020, was made by price controller Datuk Seri Hasnol Zam Zam Ahmad on August 10, with the approval of Alexander Nanta on the same day.
On August 11, Alexander Nanta said in the Dewan Rakyat that the government will lower the ceiling price for three-ply surgical face masks to RM1 at the retail level and 95 sen for wholesalers, but did not specify when this would take effect.